The world does not stand still, and just
as a number of new opportunities have arisen since the last printing of
this Report, so more will occur between now and the next edition.
The present edition omits certain countries that figured in the last:
Jamaica and Costa Rica.
I foresee the possibility of including in the next edition some reference
to countries which in the immediate future may seem unlikely candidates.
There is for example the Republic of Ireland, which has for some years
been keen to encourage the establishment of new industries, although
with a shortage of skilled labor (the young Irish themselves have tended
to emigrate, for reasons that have been as valid as those which influenced
their forefathers, although different), and with an over-preponderance
of state-controlled industry the right climate has not quite existed
there, but this may change.
The Philippines too may, at some future date, place more emphasis on
attracting immigrants than it has so far. At present, in association
with the investment of capital from overseas, the Philippines does permit
key people to enter to take up employment in a restricted number of
types of business. However the reams of conditions that apply to such
investment are hardly conducive to a successful program. If the Philippines
sincerely wishes to take part in the growth of prosperity taking place
in Southeast Asia, and to encourage the investment from outside that
it needs, it will have to reduce regulation, including the regulation
of immigration.
For the time being the only recommendation I can make in this Report
in relation to the Philippines is that if you choose your spot (away
from scenes of likely unrest) it can be a pleasant place to which to
retire. This is permitted, and there is even a scheme advertised, particulars
of which I can supply to any reader who is interested and has not seen
the advertisement.
South Africa is another place where opportunities may arise in the
future. While today the South African passport is among the least sought-after
imaginable, the day may come when the Republic wishes to rejoin the
world.
On the same continent, Kenya has been the subject of recommendations,
but it will take us time to carry out the necessary research and be
satisfied that Kenya is suitable for inclusion in a future edition of
this Report.
One country that I have failed to mention, although is of major importance
to a people whose history is one of migration, is Israel.
Israel is very small, but it will always provide a home for Jews,
It might just provide a home for a limited number of others, if they
possess skills that Israel needs. However the chances of others having
skills not available to a very able people must be slim.
Reminder: This edition of How To Get A Second Passport was published
in 1990. Check the useful
links page for updated information.
REV
UP Your
Investment IQ Get a detailed report on your investment habits and
strategies... compared to those of Warren Buffett, Carl Icahn and
George Soros.
