Second Citizenship is more than Freedom of Mobility
Citizenship by Investment has become something more than just obtaining more freedom to move around, it also offers financial freedom and a more relaxing lifestyle.
Over the past two years, the COVID-19 pandemic amongst other life-altering events around the world shifted everyone’s perspective of life and highlighted the fragility of the global economic system.
Citizenship by Investment gives investors the opportunity to secure their funds by opening a bank account in a country that may have more user-friendly banking procedures. This could be quite enticing coming from a country that has financial sanctions or complicated banking regulations.
After going through the process and meeting all of the requirements, applicants and their primary family members including parents and sometimes unmarried siblings can receive their solid passport in as little as three months, depending on the program chosen.
For example, these Caribbean islands that offer CBI are known for their security, sophistication, healthy and relaxed lifestyle as well as being tax havens. The following are not enforced in the Caribbean: global income tax, inheritance tax, capital gains tax, and wealth tax.
In general, gaining second Citizenship is something that many should explore, as it will allow one to achieve global mobility, financial freedom, security for wealth, and provides the best opportunities for future generations to come.
