"Citizenship by investment (CBI) is a program where individuals can obtain a second citizenship or passport by making a significant financial investment in another country," explains Malla.
"This option is popular with high-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (UHNWIs) who want enhanced global mobility, improved access to healthcare and education, and greater security for themselves and their families," Malla states.
"It can also be helpful for tax purposes. Depending on which country you are coming from, a second passport might remove travel restrictions, allow safe havens amongst political instability, or allow children to access better educational opportunities."
#citizenship-by-investment #global-mobility #high-net-worth-individuals #real-estate-investment #second-citizenship
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