There are over 25 countries with residency or citizenship by investment programs (RCBI) today.
The industry is growing at an unprecedented rate and now estimated to be worth over US$30 billion.
Current events, including the decision by Great Britain to leave the European Union and the US Presidential election, are driving new interest, but the growth of RCBI is truly underpinned by the worldwide growth of wealth, the desire for freedom to travel, to live in multiple jurisdictions, and to have options on all fronts including tax, personal security, and lifestyle.
The new residences and citizenships provide high-performance professionals with a multitude of entrepreneurial options including better tax treatment or even better treatment as a person.
Investors, by and large, desire two or three bases for lifestyle reasons as much as tax structuring.
Many of them also see their second citizenships as a safety net from increasing turmoil in the world.
When considering the many faces the future can hold, second citizenship makes sense, and if you have the means to offer yourself and your family multiple citizenships it is one of the most precious gifts you can give.
