The Win Win Formula of Second Citizenship
CITIZENSHIP BY INVESTMENT, INSPIRATION, LIFESTYLE

The Win Win Formula of Second Citizenship

22/02/2017

The majority of us feel a sense of pride about our countries: the nations to which we owe our allegiance by reason of our birth, inherited citizenship, or longstanding residence. These are the lands in which our culture is established, and our initial sense of identity and values are formed.

Sometimes however, our countries do not meet our expectations: internal or external conflicts arise, the political landscape becomes unstable and threatens our personal security, opportunities for a comfortable lifestyle diminish, travel and career advantages are minimised, education and healthcare are restricted, economic circumstances are restrained, and privacy is undermined.

In such situations, we can feel disillusioned by our country, and the promise of a better life that is often made by its representatives. The answer is to explore beyond the boundaries of our countries of origin, and to identify our global options. An alternative citizenship can provide a realm of new opportunities, bring about a higher quality of life, and support us in times of need. A carefully-selected second citizenship will also allow us to retain our citizenship of origin, enabling us to call on the protection and assistance of two nations.

The advantages that come with holding multiple citizenships are varied. Among these are the right to hold citizen status for life and to pass that status onto children, freedom of movement and international travel, broadened rights to live, work, and vote, and access to a wider range of healthcare and educational institutions.

Alternative citizenship is just as beneficial to the country granting citizenship as it is to the prospective citizen. Individuals seeking a new citizenship are generally proactive and vital; eager to build a better future. They bring with them energy that can translate into entrepreneurial drive, and ultimately investment and the creation of jobs. This is particularly evident in the case of citizenship by investment, where applicants for citizenship bring foreign direct investment into a country, thus providing government income not derived from taxation. Citizenship programmes that offer applicants the option to contribute to a local charitable fund profit even more, as the monies deposited by prospective citizens are used to develop infrastructure and social wellbeing. Citizenship programmes that require investment in real estate instead result in construction booms, as well as greater demand for property markets.

High returns on second citizenship are valued by governments, which continue to take steps to make their citizenship processes straightforward to attract more applicants. The Caribbean citizenship by investment programmes are particularly renowned for their streamlined procedures, which include no residency, language, business, or interview requirements.

Whichever way we look at it, alternative citizenship is a winning solution. For the prospective citizen, it offers the opportunity to develop aspirations and achieve ambitions. At the same time, second citizenship betters the land and the people with whom the new citizen will share a common goal: upliftment, empowerment, and growth.