If you believe that spreading your political risk beyond one jurisdiction is the single most important thing you can do today, then obtaining a second passport and citizenship in another country is a critical part in achieving your goal. This is because it's a fundamental step toward minimizing the political risk of being subjected to the whims of any single government. The political diversification benefits that come with obtaining a second passport are universal and prudent for anyone in the world to obtain...
By now, you know that I advocate acquiring dual citizenship. Dual, even multiple citizenship, for Americans has been upheld as a legal right by the U.S. Supreme Court in several cases. A second passport is solid insurance against tyrannical government. And although Switzerland has been smeared as a haven for tax dodging and money laundering, of all passports, the Swiss is one of the best. It offers visa-free travel to many countries. However, acquiring Swiss citizenship is difficult, usually requiring years of residence to qualify, and even then may be subject to local canton approval.
Tucked away 150 miles east of Puerto Rico, you'll find one of the Caribbean's most beautiful jurisdictions—St. Kitts and Nevis. St. Kitts is the larger and more populous island, but I prefer the less hectic pace of life in Nevis. With densely forested mountains, brilliant tropical flowers and crystal-clear waters, there's plenty of reasons you'd want to own a home on Nevis.
During the decade since I first published my popular Passport Book, now in its 10th edition, rarely have I seen so many countries at one time willing to trade official access for foreign cash.
Your great-great-great-grandparents (may they rest in peace) could be about to hand you citizenship in Europe…and, with it, the legal freedom to live and do business in any of the 28 countries of the European Union. Your family tree could hold the key to opening a path to second citizenship for you and your family, especially in Europe. There, several countries will grant citizenship to you based on ancestry.