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Why do people obtain 2nd passports or residency permits?
-The possibility to travel freely
-Asset protection & taxation considerations
Why do people obtain second passports or residency permits?
The reasons that those who are in a position to do so take second citizenship or acquire a residency permit abroad can be placed into 3 main groups:
1. The possibility to travel freely
2. Security reasons
3. Asset protection and taxation considerations
Naturally, there may be numerous other reasons for economic emigration, but in 90% of cases at least one of these three main reasons plays a part.
- Antigua & Barbuda
- Commonwealth of Dominica
- St. Kitt & Navis