On February 28, 2026, the U.S. and Israel jointly struck Iran; supreme leader Khamenei was killed, and the military command tier was almost entirely wiped out. The Strait of Hormuz was blockaded, the Iranian rial crashed 97%, and the nation's credit fell to zero overnight. Sanctions transmission has been upgraded from a "slow blade" to a "scalpel"—the 2022 script of freezing Russian oligarchs' accounts is being replayed on Iran, while the risk of Chinese banks being cut off from SWIFT is also accelerating closer. The value of a passport is revealed not in peacetime but in moments of crisis. When currency collapse, account freezes, and exit restrictions happen all at once, only a second identity built in advance is the one asset that will not depreciate. The window waits for no one.