In recent years, as the wealth of high-net-worth individuals continues to accumulate, obtaining a second passport has become a popular method for investors to diversify their asset allocation. According to a report by The New York Times: "An increasing number of high-net-worth individuals around the world are choosing investment immigration to obtain citizenship in other countries. The vast majority of them come from emerging countries, particularly the newly minted millionaires and billionaires from China, Russia, and Middle Eastern countries."
According to the 2019 Global Wealth Report, 36% of ultra-high-net-worth individuals (with assets exceeding $30 million) have obtained a second passport, while another 29% of respondents indicated they plan to acquire a second nationality, and 26% are considering permanent immigration. This indicates that under the trend of global asset allocation, high-net-worth individuals are broadening their horizons; they are not only competing for wealth but also for identity.
Having a second passport means more options for overseas investment and global property acquisition. A second passport can open more doors to international financial services, preserving more rights for free travel for oneself and family; a second passport can reset tax residency status, benefiting wealth inheritance, retirement planning, children's education, and more, making it a significant advantage!
For investors, with so many passport programs available, how should one choose? What are the popular passports favored by the wealthy? How to select a passport that truly suits oneself? How to obtain a practical passport quickly at a lower cost? During the Ten Country Passport Discount Month, senior immigration experts will reveal insights online, so please tune in to the "WorldWay Immigration Live Room" and don't miss out!
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* Investment involves risks; the above information is for reference only.*