Will Getting a Canadian Passport Impact My Social Security?

Will Getting a Canadian Passport Impact My Social Security?

Patrick K. Says: My father was born in Canada, so I believe I am eligible for a Canadian passport. As a 90% disabled Vietnam veteran, I receive a monthly disability payment as well as a Social Security payment. Would getting a Canadian passport jeopardize these payments? IL Global Diversification Expert Ted Baumann Says:  Hi Patrick, Read more...: Will Getting a Canadian Passport Impact My Social Security?

Which Country Do You Suggest for a Second Passport?

Which Country Do You Suggest for a Second Passport?

Curry G. Says:  Hi Ted, Which country do you suggest for a second passport? Which one did you choose and why? IL Global Diversification Expert Ted Bauman Says:  Ah, that’s the $64,000 question, as they used to say! There are so many variables involved. It depends on your goals and eligibility. In fact, that’s going Read more...: Which Country Do You Suggest for a Second Passport?

How do I Open an Overseas Bank Account?

How do I Open an Overseas Bank Account?

Linda L. Says: What is involved in establishing an overseas savings or checking account and what are the ramifications stateside? IL Global Diversification Expert Ted Baumann Says:  Normally, to open a bank account in a foreign country you must have an ongoing connection with that country, typically some form of property ownership or residence. (Ironically, Read more...: How do I Open an Overseas Bank Account?

Does My Irish Great Grandfather Qualify Me for an Irish Passport?

Does My Irish Great Grandfather Qualify Me for an Irish Passport?

Peter C. Says: Hi Ted, I have a great-grandfather who was born a citizen in Ireland. Does that qualify me for an Irish passport? Thanks, and stay safe! IL’s Chief Global Diversification Expert, Ted Bauman Says: Hi Peter, Remarkably, with a population of just under 5 million, Ireland currently has at least 4 million official Read more...: Does My Irish Great Grandfather Qualify Me for an Irish Passport?

A Beacon of Financial Freedom in South America

A Beacon of Financial Freedom in South America

I had heard the stories. About a country where U.S. citizens could secure easy residence, a second passport, and open a safe bank account without even acquiring residence. Well, the stories are true. Based on my travels across the world and my visits to Uruguay, I place this country near the top of my list of livable countries. That is mostly because of its friendly people, but also because it accords everyone the freedom to live in peace as they wish. In addition to having no restrictions on foreigners’ individual ownership of land, it’s one of the only countries on the planet whose constitution guarantees foreigners the right to live there, and to become citizens.