Dual citizenship is becoming increasingly popular and growing in acceptance and in fact the number of states that tolerate dual citizenship has increased from 30% to 70% worldwide in the last years.
Obtaining a second passport and citizenship can be complicated and expensive, but if you can, you should for three important reasons:
Protect Yourself, Your Family, and Your Lifestyle
People get a second citizenship to protect themselves if something happens that makes living in their home country dangerous or undesirable.
As a citizen of another country, you can rest assured that you will always have a place to go in case of political unrest in your home country and not only.
Travel the World, Visa-Free
Not all passports are the same. Some passports will let you travel to more than 190 countries without a visa, while some will let you travel to less than 30.
Traveling visa-free to numerous destinations worldwide is not only convenient but t is also awfully liberating.
Better Life and Lifestyle
Applying for citizenship in another country can also be your means of achieving a better life and lifestyle for your family than is available in your home country.
Some countries offer guaranteed parental leaves, no income taxes, no capital gains taxes, and no-residency requirements. Such benefits can be attractive, depending on your priorities and what benefits are available in your current domicile and your citizenship by investment options.
Finally, having a second citizenship means you get more options regarding where you want to live, work, and study. You will no longer be limited by the opportunities available in your home country.
