Why do so many people invest in their foreign citizenship? To be short, the benefits include greater opportunities for a business and life, and greater freedom for travelling.
Read further to know more about each of the benefits.
More openings for your business
Yes, being a citizen, you can run your business there without any limitations for the activities. Legal activities, of course. Besides, some other overseas companies may regard you as a more preferred partner. At last, you may enjoy special taxation benefits. To sum up, this may not only empower your win-win partnerships but boost your bottom line as well.
Moreover, some countries allow you to start your way to citizenship by establishing a business here. This may include as much as a start-up. For example, in the UK, you can first get a long-term visa by setting up an innovative business. Then, after a certain period, you can apply for the settlement. Note, to be eligible, you need to obtain special permission from startup visa UK endorsing bodies.
More prospects for your life
Often people invest in foreign citizenship to escape from the country of their origin. Usually, this is because there are higher living standards in the targeted state.
In this case, the advantages include the following bunch of aspects:
Higher personal security
Better education and even saving money on education
Access to healthcare facilities that are often free for the nationals
Moreover, such advantages are attractive also to citizens of well-developed countries. That is why they invest in dual citizenship.
Greater freedom for travelling
Typically, states that offer citizenship by investment have visa-free gates to a large number of countries. Plus, simplified visa regimes with many other countries. In other words, by purchasing foreign citizenship, you can enjoy greater mobility and greater freedom for travelling.
This is highly beneficial for those who like travelling and want to live without borders. Moreover, this is beneficial for businesses as well. To clarify, such citizenship enables you to arrange a business trip bypassing visa-obtaining formality. And the total number of countries where you can go may reach up to two hundred. More than half of the world!
To sum up, with foreign citizenship, you get greater flexibility for your business, yourself, and your family.