I have to chuckle a bit…
The mainstream media is now picking up on the idea of a second passport; and even adopting the Sovereign Man ethos of having a "Plan B."
Bloomberg published a widely-distributed article with the headline:
Where the Super-Rich Go to Buy Their Second Passport
The article begins…
Cheaper than a Gulfstream, nimbler than a superyacht, a second passport—or a third or fourth—has become another trophy for the ultra-wealthy.
The article even quoted a lawyer specializing in second citizenships as saying:
If you have a yacht and two airplanes, the next thing to get is a Maltese passport… It's the latest status symbol. We've had clients who simply like to collect a few.
There's even an accompanying video that shows beautiful people drinking cocktails in exotic locations and doing backflips off a cliff into Caribbean-blue water.
Finally, there's a table of the 10 "CIP" – citizenship by investment – programs available around the world. These are countries that will grant you citizenship (which comes with a passport) for cash, an investment in a local business or real estate or some combination of the three.
Austria tops the list with a total cost of nearly $24 million for a passport. Cyprus is next at $2.375 million.