Holding dual or multiple citizenships, acquired either through birth or as an investment option, means enjoying citizenship and residence rights for life in more than one country. As a permanent citizen of an alternative residence the applicant enjoys the same rights and privileges granted to all citizens, such as the right to engage in public life and affairs, political rights, the right of abode, the right to leave and re-enter the country at any time and, in most cases, the right to visa free travel to onwards of 160 Schengen countries. Citizenship by investment essentially reduces travel costs, allows for greater movement during periods of political instability offers increased personal security and a superior choice of investment planning.
The freedom to travel without wasting extensive amounts of time or money in acquiring visas often tops the wish list of most high net worth citizens who regularly travel for business and personal reasons. Having immediate access to an alternative passport may be crucial for any global citizen who is required to travel at short notice. Additionally, and conveniently, a second passport may allow the holder unrestricted travel to jurisdictions not available to their country of origin.
Recent global political events continue to highlight that political stability is a thing of the past and no longer a guarantee in any country around the world. Indeed, especially in volatile countries, personal security is the number one concern for all citizens. Having the choice of alternative citizenship and a second passport is considered by some to be the ultimate security option especially when travelling, during times of political and economic unrest, increased threats of war and terrorism or when dealing with delicate private and business situations. In an increasingly uncertain world the only certainty is that an alternative passport is the best life insurance.
Alternative citizenship is proving an incredibly efficient tool for tax planning. Having residency in multiple countries allows for better investment options, tax planning and more privacy in banking and investment. Citizenship by investment secures access to tax planning opportunities that may not be available in your country of origin. Enhanced, restriction free opportunities for global business are the ultimate golden ticket in today’s business world.
Having the opportunity to choose the best educational systems for one’s children and access to efficient health care is a priority for many across the globe. For many, only through participating in citizenship by investment program can access to primary education and health care systems around the world can be had. Whether urgent medical care for loved or enrolling your children in a world leading boarding school, or university a second passport from a country that provides these openings is the ultimate tool for your peace of mind.
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