"High-net-worth Americans seek second passports amid uncertainty"

1 min read
Source: Washington Examiner
"High-net-worth Americans seek second passports amid uncertainty"
Photo: Washington Examiner
TL;DR Summary

Wealthy Americans are increasingly seeking second passports through dual citizenship programs offered by countries like Portugal, Malta, Greece, and Italy as a hedge against potential "volatility and uncertainty." The law firm Henley & Partners has noted a surge in U.S. citizens pursuing this option, citing concerns about financial safety, business travel, and geopolitical risks. The trend reflects a broader global migration of millionaires seeking retirement options abroad, with the United States remaining a top destination for the wealthy despite an increase in millionaire migration to other countries.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

1 min

vs 2 min read

Condensed

77%

37287 words

Want the full story? Read the original article

Read on Washington Examiner