fbpx

Why obtain a Second Passport?

Citizenship or residence through investment has been an increasingly popular topic over the past few years, with more and more countries establishing new ways to attract high net worth individuals.

Freedom to Travel – One of the key benefits of owning a second passport is the acquisition of a passport that allows you to travel the globe freely and painlessly, many countries passport allow you to travel visa-free to over 150 countries.

Tax Planning – Having dual or multi citizenship is increasingly important as an effective tool for international tax planning. Many of the current citizenship programs allow you to enjoy tax-free income, capital gains, gifts, wealth and inheritance. By holding alternative citizenship, you are opening more doors to your tax planning

Business Opportunities – By investing in a strong passport can increase your ability to travel to areas of the globe visa-free. Businessmen and women from across the globe can now simply jump on the first plane in order to meet face to face with that all important partner, no need to fill in piles of tedious paperwork or wait weeks for yet another visa granting you permission to go about your life freely. Business relationships become stronger, business opportunities are easily reachable from anywhere across the globe.

Personal and Family Security – One of the most important benefits to owning second citizenship is the peace of mind you receive in return. Most citizenship programs are born form countries at peace, with no political unrest. Becoming a Citizen and owning a passport, particularly from a small, peaceful country, can give you and your family the security you deserve when travelling particularly in times of political unrest, civil war, terrorism or other delicate situations.