Buying foreign real estate is theoretically possible as a confiscation hedge but is very complicated, cumbersome, and messy, so Bernstein does not recommend it despite acknowledging it is legal.

normativepending

Speaker

William Bernstein

Evidence Quote

I wouldn't recommend doing that it's very complicated it's very cumbersome it's very messy

Source

4 'Deep Risks' That Could Decimate Your Portfolio | William BernsteinDavid Lin
Created: 8/10/2026, 11:00:47 PM

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