Post #648 by mungofitch on the Macroeconomic Trends and Risks board

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I have a friend in Germany who IS stateless. Nevertheless he has a bank account, credit card, health insurance, had an IT company, with Siemens as it's main customer etc. etc.

I think (?) German law, like French, has a bank account as a right.

But in some countries, it ain't like that.
For example, last I heard there was only one bank left in Monaco (of 24) that will accept an American as a client, even WITH full passport and ID. This includes joint accounts for a couple where one is American. Forget it if you're stateless. The anti money laundering regulations would make it impossible to do any of the financial transactions I've done this year without a valid passport.

It's possible, even likely, that some sympathetic country would offer citizenship to those who have Canadian passports. I believe most Canadians have at least one parent or grandparent born somewhere else.

Jim

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