Quote:
Originally Posted by tom.nadeau Which country or countries would you say offer the best 2nd citizenship for Americans, and why?
Please consider the following criteria:
1) Visa-free travel to many countries
2) Relatively easy to get
3) Low or no taxes
4) Any others? |
The US passport already has 130+ countries granting visa-free travel. I don't see why you would need another passport unless you're afraid of travelling as an American.
Most western countries require residency for a number of years on a permanent residency status before grant of citizenship is approved. For countries like the United Kingom, you need to reside in the country for five years a permanent resident before you can apply for citizenship which makes it really difficult. Getting permanent residency is another issue because you may need to spend time in the country and gain credentials and qualification before you can get a sufficient score on the skilled immigration scheme. Unless you have some talent/skill to offer the country that they lack in their workforce, you're out of luck. It may take up to ten years to get a citizenship if you're not highly skilled and educated.
Australia and Canada also have similar requirements but once you become a permanent resident, it is really easy to get citizenship in little time. Australia only requires two years residency total and one year as a mandatory as a permanent resident - it is possible to be a citizen after two years. As for Canada, you need three years residency and at least one year as a permanent resident. Again, getting permanent residency is another issue here. You would have to go through the skilled immigration scheme and see what you're worth to the country.
St Kitts and Nevis also have a citizenship by investment scheme but many countries are beginning to limit their visa-free entry to these passports because of this program - this would but utterly useless.
Unless you have millions of US dollars to invest, your only bet towards acquiring a second citizenship is either marrying a foreign spouse or going through the skilled immigration system. As for taxation, the US is the only western country I know of that taxes their citizens overseas. You will not have this sort of problem with many other citizenships.
Hope this helps