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I have advised over the last decade, that a new passport is just a travel document or a “Plan B” as is now being mentioned in the article below.
My recommended countries are right at the bottom with ZERO tax and are also the most popular worldwide.
Another market update below, and do remember that such programs can anytime be stopped for any reason by the big countries such as USA or EU for any number of reasons.
UK, Singapore, Canada have almost shut their programs and made it impossible for the wealthy to get a new passport unless very stringent criteria are met.
Cyprus tightened rules 3 weeks ago whereby it will take 6 months to get a new passport instead of 3 months previously and capped the number of citizenships at 700 only per annum.
Indians and Chinese are the largest number of applicants in the last few years along with Middle Easterners for new passports in this USD 2b plus global market per annum.
Some are doing due to security threats of kidnapping and extortion when they sell land or a business and receive cash.
As one Indian said in the article above that there is nobody who will come to help in India if trouble comes. In fact, the local politician and police will connive with other family members to arrange a kidnapping or a killing.
Identical is the situation in China.
Middle East is entirely up in flames so everyone is leaving or wants one as a back up, if not for education and for the safety of kids.
We have seen lately that Trump is throwing out everyone and Canada/UK/US are reviewing all past passports for any errors or frauds which are in the tens of thousands.
Due to so much global turmoil, time is ticking.....these opportunities to get new passports will shut down within a year or two maximum.
As I have said multiple times since 2014 and now is being attested by data and media articles that wealthy Indians are leaving India by the tens of thousands as are the Chinese and all Middle Easterners.
Due to so much global turmoil, time is ticking.....these opportunities to get new passports will shut down within a year or two maximum.
As I have said multiple times since 2014 and now is being attested by data and media articles that wealthy Indians are leaving India by the tens of thousands as are the Chinese and all Middle Easterners.
This is why rich Indians are leaving lock, stock and barrel for greener shores
We can assist and advise for citizenships of all countries.
We can assist and advise for citizenships of all countries.
Send me an email for your enquiries at voiceofthemarkets@ protonmail.com
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