Video Briefing

Nomad Capitalist: You Literally Can’t Get a Passport

Apr 25, 2023Video Briefing14:59Watch on YouTube

A second passport can be a practical safeguard against disruptions in passport issuance, travel restrictions, and political decisions that limit mobility.

Recent disruptions

  • UK passport office strike – Unionised staff at the UK Home Office plan a five‑week strike, affecting roughly 4,000 workers (about one‑quarter of the workforce).
  • Impact on processing – With an estimated one million passport applications filed last year, the strike is expected to lengthen waiting times, especially during the busy Easter period and the summer travel season.
  • Historical precedents – During the COVID‑19 pandemic, many governments cited “emergencies” to delay or suspend passport production, leaving travelers unable to complete international property transactions or leave the country.

Why a backup passport matters

  • Travel validity requirements – Most destinations require a passport to be valid for three to six months beyond the intended stay. An expired or soon‑to‑expire passport can block entry even if a visa‑free period applies.
  • Dual‑passport options – Some countries (e.g., the United States) allow citizens to hold two passports simultaneously—one long‑term (10 years) and one short‑term (1–4 years)—providing flexibility for overlapping travel plans or emergencies.
  • Avoiding single‑point failure – Relying on a single nationality means any government decision—such as a refusal to issue a new passport or a policy that restricts travel—directly limits personal freedom.

Choosing a reliable second citizenship

Criterion Example options
Stable passport issuance Ireland, Switzerland – historically low strike risk and efficient processing.
Strong visa‑free access EU member states (e.g., Ireland) provide extensive travel freedom across Europe and beyond.
Ancestry pathways Many Western Europeans (British, Irish, Italian, German, etc.) allow citizenship by descent up to great‑grandparents.
Investment routes Caribbean programs (e.g., St. Kitts & Nevis, Antigua & Barbuda) and certain European schemes offer citizenship in exchange for a defined financial contribution.
Residency flexibility Countries like Malaysia or Thailand offer affordable long‑term residency, useful for medical care or cost‑of‑living advantages while retaining a primary passport.

Practical steps

  • Maintain passport validity – Renew before the last year of the current document; aim for at least six months of remaining validity when traveling.
  • Apply for a second passport early – Ancestry or investment processes can take several months; start while your primary passport is still valid.
  • Consider a backup passport from the same country – If your home nation permits, request a second passport to use for specific trips or in case the primary one is delayed.
  • Diversify residency – Secure legal residence in a country with favorable tax or healthcare conditions (e.g., Malaysia) to reduce reliance on any single government’s services.

Risks of a single passport

  • Political leverage – Leaders in the UK, Canada, Australia and other democracies have hinted at withholding or revoking passports for political reasons.
  • Economic pressure – High tax burdens (approaching 50 % in some Western nations) can be mitigated by establishing tax residency elsewhere while retaining citizenship.
  • Service interruptions – Strikes, pandemics, or other emergencies can halt passport production, leaving travelers stranded or unable to complete time‑sensitive transactions.

Bottom line

Holding a second passport—especially one obtained through ancestry or a low‑risk investment program—provides a hedge against governmental disruptions, travel bans, and unexpected service delays. Maintaining multiple valid travel documents and diversifying residency can preserve personal freedom and reduce exposure to political or economic shocks.