5 Reasons a Second Passport is your Family’s Gateway to a Better Future.

Aug 17th, 2020

Investors are always seeking for prosperous ways to secure their families’ future, no matter where they are in the world. Whether they are searching for citizenship for the value of the investment or are more focused on citizenship itself, the true need is the search for stability and better future opportunities for themselves and their families.

In today’s globalized world, having a second citizenship is the new life insurance policy.  The opportunities an investor has access to, the freedom they can enjoy, and the safety and stability they live in is often directly linked by their country of citizenship and residence. 

Therefore, many families are now seeking to obtain a second passport in European and Caribbean Countries.  

But how can a second passport open up doors of opportunity to you and to your family members?  

1.      Visa-free travel to over 150 countries.

 A second passport usually grants you visa free or visa on arrival access to a wide range of countries allowing you and your family to travel freely whenever you wish without having to undergo hustling and time-consuming visa processes.

Not only does this benefit allow you to grasp international business opportunities, but it also allows you to have a solid plan-B in case of a political or economic instability in your home country.

2.      World class education and healthcare services

All parents dream of providing their children with the finest education. However, one can’t deny the insanely high tuition fees for international students and difficulty of acceptance in highly-ranked educational institutes.

When securing your kids with a second passport you give them access to reputable high schools and universities where their enrollment application will be treated just like that of “local” students.

Moreover, and as for healthcare services, all family members will have yearlong access to international medical facilities.

3.      Better financial and tax planning

When you invest in a second citizenship, you will enjoy the attractive tax climate of most of the countries offering such programs; with zero tax on worldwide income, inheritance and gains.

Furthermore, off-shore bank accounts, investments, and company establishment will give you unique opportunities for business planning and will allow you to access international markets that you might not otherwise have access to.

4.      Ability to add dependents under the same application

The principal applicant will be able to add spouse, dependents under the age of 30, and dependents over the age of 55 years old under the same application without having to make an additional investment.

After paying the required due diligence and file processing fees for each additional dependent, all family members will reap the benefits of having a dual citizenship.

5.      Citizenship passed on to future generations

Not only will your second citizenship be yours for a lifetime with zero chance of having it revoked in the future, but also, you will be able to pass it down to future generations by descent along with all its benefits.

 If you want to secure a better future for yourself and for your family, make sure to get in touch with Bluemina’s expert advisors at one of our 7 offices. They will in turn advise you on the program that is better suited to meet the individual needs of your family maximizing the return on your investment.

Author : Nadine Daoud