Taking on a second citizenship offers you the flexibility, mobility and freedom you need to live and work in a global environment. We outline the most common reasons that our clients pursue this type of investment.
If your nationality severely restricts your travel, which impacts your ability to do business globally, an alternative citizenship and a second passport can help overcome these restrictions.
If your current nationality requires you to apply for visas more frequently, alternative citizenship and a second passport could overcome this burden with ease and efficiency.
If your current nationality taxes your worldwide income, then alternative citizenship may compliment your existing tax planning and wealth protection strategies.
If your current nationality makes you a target for terrorists or criminals, an alternative citizenship and second passport could be beneficial.
If your current country of citizenship is politically unstable or there is civil unrest, your right to a passport could be restricted. An alternative citizenship and second passport could be critical in protecting you and your family.
If your current nation’s control and intrusion into your personal affairs is concerning you, an alternative citizenship and second passport could assist.
If your current nationality is perceived negatively by the nation in which you wish to live, work or invest, then an alternative citizenship and second passport can help.
If your current nationality has mandatory National Service, forcing you or your family into the military, an alternative citizenship and a second passport could help.
In summary, an individual looking to complement their existing wealth protection and investment growth strategies, improve their personal security, increase confidentiality in their personal affairs, or who needs to travel globally at short notice, would benefit significantly from alternative citizenship and a second passport.