Dual Citizenship: What's the Real Advantage of Holding Two Passports?

[Henn and Rich]

reasons a Vanuatu‍ passport is of no use to you or I might not be the same to⁠ a 3rd person. I for sure have zero use for a Vanuatu passport. Same goes⁤ with any Caribbean passport.

problem with this, is that unless you have renounced your USA passport, you are︅ in the same boat even with a shiny new banana island passport. Not all banks,︆ but majority would still decline you even if you have multiple passports but one of︇ them happens to be U.S. (Thanks Obama!)

 

[aragon]

Depends what‌ passports you were born with, and how much money you have.

I'm very grateful for‍ the fact that I was born with the ability to obtain two passports without having⁠ to buy either. The advantages are many and quite nuanced to each person's particular situation.⁤

@jayM Research your options thoroughly. The value will be obvious if there is any, and⁣ then you just need to decide if it matches or exceeds the cost. I suspect⁢ very few German citizens would benefit much from a 2nd passport.

 

[aniglo22]

Yeah it was an answer for OP's question and he also holds︀ a German passport . I know if you have much weaker passport it could be︁ an option , but as a German I wouldn't know of a good reason ,︂ maybe if you have some big controversy and want a new Identity to conduct business︃ then a Vanuatu(name change) CBI could come in handy , but that's just really an︄ edge case .

 

[Clank]

You can only change your name if you also change⁢ it in your original nationality.

 

[cryptofriendly]

You can always be one of the 'lucky' ones with‍ special letters in your name, which are only used in the passports country, so that⁠ you'll get a 'new name' made up in your new (additional) passport country. Some countries⁤ let you even choose a new name for naturalization, without any needs to return/change your⁣ name on your first passport.

There are more people than you'd imagine with two or⁢ more passports and different names on either of them, 100% legally. I am one of︀ them 🙂 With biometric pictures and same birthdates it's not useful for much more than a︁ little more privacy, you'll be still trackable in today's world.

 

[void]

not true
I agree it's a bit of a slippery‍ slope - but very useful

 

[daniels27]

It indeed is possible in some countries while others will‍ request a change in your other country too.

Just if you want to pass on⁠ your citizenship to your offspring, you may run into problems or not be able to,⁤ depending on the rules of the country.

 

[Henn and Rich]

unfortunately name change in Vanuatu is not possible any more in 2024. It was possible until‍ Q2 last year...

 

[Clank]

It's possible but you‍ need to change the name on your original passport.

 

[Henn and Rich]

of course, they will copy whatever name you have on your passport‍ that you apply with. I did one time have Vanuatu mix up the first and⁠ last name essentially giving the client a new 'identity'

 

[jayM]

I agree and dropped the idea. Was curious if it would work out something⁤ for me.

 

[wonderfulboy]

What did you do if you didn't wanted to‍ follow your plan with the second passport?

 

[proxmox16]

I would like to add some reason why 2nd passport could be useful:

For example‌ you are EU citizen and you get 2nd passport NON-EU, you can:

- travel in‍ all other county where your 2nd passport have agreement without visa

- make kyc online⁠ registering with the 2nd passport

- in case of restrictions (covid, war) you can fly⁤ to your 2nd passport country

- open banks account with second passport

- and many⁣ other...

I really advice who have the opportunity to have a 2nd passport...of possible not⁢ bought or little island country....

 

[Martin Everson]

The war part is important. Especially in today's climate where‍ certain EU countries have reintroduced conscription. Being able to move to a third country and⁠ continue to live your life without some politician deciding you should be cannon fodder for⁤ their ego is important. You also don't have to deal with issues like Ukrainians whose⁣ passports cannot be renewed abroad unless they go back to Ukraine to get it done⁢ there - where upon return they will be turned into cannon fodder in a futile︀ war.

Europe turns to conscription as threat of wider war with Russia grows​

https://edition.cnn.com/2024/07/21/europe/europe-conscription-war-russia-intl/index.html

 

[wonderfulboy]

But where do you get a 2nd passport from if not from the thoughtful online‌ sellers?

 

[aniglo22]

I'm just waiting until they introduce "war tax" .

 

[Henn and Rich]

from people like myself who have been in the‍ industry for a while

 

[hlepic211]

Already introduced, Poland, Estonia, Lithuania, Latvia. It's called defense tax.

 

[Martin Everson]

That as well as introduction of EU asset registers. So if you don't accept the draft‌ they freeze all your assets with a key press. But they will tell you the‍ registers purpose is to fight tax evasion....lol 😉

Just plan for a second citizenship and some hard assets outside Europe. It's better to︁ have that option than to not have it when you really need it.

 

[void]

and almost as creative as "democratization‌ of personal ownership"