There is no doubt that citizenship by investment is an option that many globally connected business leaders are taking advantage of—here are a few reasons why:
1. Expand Global Business Connections
While technology has advanced rapidly enough to create a globally connected business community, there is no substitute for face-to-face networking. A second citizenship allows individuals the freedom of mobility required in order to break bread with potential business partners and to travel to potential development sites without the hassle of applying for a business visa.
2. Ease of Travel
It goes without saying that one who has the capacity to travel easily and efficiently will have an edge. A second passport can allow an individual the freedom to access numerous countries—for example, in the case of St. Kitts & Nevis, one can visit 127 countries including 27 European countries and Canada—without the need to apply for a visit visa.
3. Educational Opportunities
The advantages of procuring a second citizenship extend to your family as well. Citizenship by investment will allow your children to have access to the best education available. If you choose to reside in the country where you obtain your second citizenship, you will have the ability to maintain the family unit while your children embark upon their education. Of course you need not relocate upon obtaining a second passport, but you will have the power to decide for yourself.
4. Security for your family
Citizenship by investment is also an investment in the security of your family. Should political turmoil arise, you would have a safe place for your family. You would also have the ability to protect your assets—and, in turn, your family—as you would have the capacity to escape rising tensions without having your assets seized.