Could Your Passport Be Your Downfall?

16 Apr 2025 • 27 min • EN
27 min
00:00
27:09
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A passport is crucial to your freedom and global mobility, but what if your citizenship could be a liability? I recently read an interesting article on IMI Daily called “13 Ways Your Passport Could Ruin Your Life.” While I agree with many of the author’s points, I believe most of the real-world risks are misunderstood—and far more manageable—than people realize.  In today’s episode, I expand on each of the 13 points, breaking them down one by one through the lens of my two decades of real-world offshore experience. I cover the good, the bad, and the misunderstood—and I’ll show you exactly how to easily avoid any potential pitfalls while building a solid offshore Plan-B. Enjoy today’s episode! IN TODAY’S EPISODE: Listen in as I explain why U.S. citizenship is one of the most dangerous liabilities in the offshore world Learn the truth about mandatory military conscription—and why it’s almost never a real threat for expats Tune in to find out how to avoid passport profiling at borders and why more citizenships = more freedom Hear me debunk some common myths about citizenship-based taxation and learn about the only two countries in the world that practice it.  Discover the surprising truth about dual citizenship bans—and why they rarely limit serious expats Find out why the fearmongering around “exit bans” is mostly nonsense—and what really matters when choosing a second passport STAY IN TOUCH! Stay in touch and keep up to date on the latest news affecting expats, as well as maintain a steady stream of my opinions, travel stories, and more by subscribing to our newsletter. Not only will you receive the EMS Pulse newsletter and the weekly Expat Sunday Times, but sign up now, and you’ll also receive my FREE special report, “Plan B Residencies and Instant Citizenships.” RELATED EPISODES 341: AI, Inflation & Economic Collapse: The Future Of Money – Thorsten Wittmann 335: Canada: How Socialism Is Destroying The Great White North – Shaun Newman 332: A Red-Pilled New Year's Mentioned in this episode: No Plan-B Without the Language If you’re planning to move overseas—or even just set up your offshore Plan-B—learning the local language isn’t optional. It’s protection. It’s access. It’s power. StoryLearning makes it easy to start today, from home, by immersing you in real stories—not grammar drills. Spanish, Portuguese, French, and more—learn the language the smart way before you land. Go to

From "The Expat Money Show - With Mikkel Thorup"

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