An increasing number of business owners and affluent individuals are seeing the practical aspects and comforts that a second citizenship provides. Becoming a global citizen benefits individuals who are looking for a better quality of life. Owning a second passport offers more security, improved mobility, education options, and additional business opportunities, among others.
Let’s take a closer look at the different ways that a second citizenship can enhance your quality of life.
Better mobility
The strength of your passport determines where you can go. Unless you hold a passport from Japan, Singapore, the US, or the EU, in most cases, you will need to apply for a visa every time you want to travel. You may have tried taking up several free visa assessments to various countries to see where you can qualify.
Applying for a visa is expensive and tedious. The process requires a lot of time, effort, and resources in collecting documents, as well as complying with the requirements. What’s worse is that getting an approval is never guaranteed – you might need to pay for several applications before you get the visa you want, and often your passport is held by the processing unit for some time.
Even when you are granted a visa, the length of time you are permitted to stay in the country is limited. You will need to re-apply before the visa lapses if you wish to stay longer. The renewal process can be just as tedious and complicated as the application itself.
This is the reality for most individuals with weak passports. But with a second passport, you have the freedom to travel to more countries visa-free. There will be no need to pay for applications, stand in line, or worry about what you should say as your second passport provides access to more countries.
Greater peace of mind
Even first world countries are not immune to political and economic strife. In 2008, for instance, Germany had a financial crisis that nearly tipped the country into recession. If it can happen to a developed country, it can happen anywhere.
Regardless of your family’s wealth or status, a political or economic crisis in your country can quickly change your situation. You may find yourself unable to leave your own country or look for better opportunities elsewhere.
Consider your second passport as your Plan B. Having a second passport in Malta, for instance, gives you access and the right to stay in any of the 32 countries in Europe. On the other hand, an Antigua citizenship application gives you lifetime dual citizenship and the ability to travel to over 130 countries worldwide. What’s more, the favorable
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