Citizenship

Is a portfolio of passports the ultimate asset for UHNW families?

UHNW families are not truly wealthy if they have no options - and nationality provides many.

Options for travel, alternative residences, banking, safe storage of assets, and personal protection.

"Citizenship grants you a legal foundation to move, work, and invest with fewer restrictions and greater peace of mind."

The advantages of citizenship are far more than a passive asset, and more accessible than many realize.

"In the same way that cash is a store of value and a piece of leverage, citizenship provides a strategic advantage that opens doors to far more things than mere residency rights."

Here is a list of three clear examples of the optionality that multiple citizenships provide:

1 - PLAN B: "The only insurance policy you can buy against your government is another citizenship. There is really no other way to achieve freedom at the root level."

2 - MOBILITY FREEDOM: "Not just visa-free travel, but the physical reality of a safe location when needed, and protection from freedom infringements such as lockdowns and exit denials."

3 - TAX OPTIMIZATION: "A second citizenship gives you the ability to give up a tax-unfriendly citizenship at any point without rendering yourself stateless. And it can open up doors to some of the best tax-friendly jurisdictions that safeguard your wealth."

"Citizenship is a call option with no expiration date, it's a generational asset that you will pass on to your heirs. By securing it now, you ensure that future generations can also enjoy the prosperity that comes from having the ultimate form of optionality."