Your Passport Is Not Collateral: A Hard Truth We Need to Talk About
Lately, I’ve noticed a growing number of people attempting to use their passports in exchange for money. Let me be very clear: A passport is not your property to sell, pawn, or use as collateral. It is the property of the government that issued it. Possessing it does not mean you own it. Whether it is a Cayman Islands passport, Jamaican passport, Honduran passport, Filipino passport, or any other nationality, these documents are official government-issued identification and travel documents. They cannot legally be traded for cash like jewelry, electronics, or valuables. But this issue goes deeper than legality. The fact that people are even trying to collateralize passports says something serious about the economic pressure many are facing right now. Some individuals are clearly struggling so badly financially that they are willing to risk their freedom, immigration status, employment opportunities, and future travel just to survive another week. That should concern all of us. When De...