On a global basis, individuals live and conduct business on an international scale so easy travel opportunities are still large in scale and geopolitical risks around the world concern many people. The political, geographical and legal aspects of certain countries impact its citizens lives immensely. The option of a second residency or citizenship, and the freedom that comes with it, is enormously appealing. Countries themselves are also looking for new ways to generate growth, and governments have increasingly become focused on the benefits of offering individuals residency or citizenship in return for some form of economic investment.
Residence planning and related tax planning for high worth net individuals, involves finding solutions for individuals and their families who own property in different countries, often have complex international situations and requirements and may desire to move internationally. Having of two passports becomes beneficial which can be obtained easily with the citizenship by investment programs.