When it comes to your investment portfolio, the best way to mitigate risk is to diversify. Today, wealthy individuals are applying the same principle to the freedom of their lives by obtaining multiple passports through citizenship via investment.
Once one goes through the relatively simple process of obtaining citizenship via investment, access to over one hundred twenty-seven countries is available at the drop of a hat. Different programmes allow access to various locations around the world, and programmes such as St. Kitts and Nevis even offer investors access to twenty-seven European countries and Canada without the need to apply for a visit visa. This is a major boost in terms of providing the freedom to travel.
Notably, many investors are taking advantage of these programmes because there are often no physical residency requirements. For example, with the Grenada programme, there are no physical residency requirements and Grenada recognizes dual citizenship—allowing investors the ability to retain their current citizenship.
Another reason various citizenship via investment programmes are gaining in popularity is the fact that, in many cases, there are not language requirements. The investor option in Cyprus allows one to obtain citizenship without any language requirement, in as little as three months.
With the rise in popularity of citizenship via investment, applying for a second passport has become streamlined—almost effortless when one works with a reputable company. Once the process is complete, the investor has the ability to connect with the world on his own terms.