Rich Americans Are Turning to Second Passports To Protect Their Wealth
Briefly

Rich Americans Are Turning to Second Passports To Protect Their Wealth
""Inquiries from America's wealthiest citizens about obtaining foreign citizenship surged by a staggering 183% compared with a year ago, driven by mounting geopolitical uncertainty.""
""U.S. citizens accounted for over 30% of all investment migration applications submitted, reflecting a significant increase in concrete steps taken to relocate.""
A notable trend is emerging among America's elite, with inquiries for foreign citizenship rising 183% in early 2025, largely due to geopolitical uncertainties. Over 30% of investment migration applications are from U.S. citizens, indicating that a significant number moved from inquiry to action regarding overseas residency. This trend represents a strategic shift where obtaining a foreign passport is seen as a risk management tactic, offering a safety net and access to global opportunities for the affluent, particularly among the richest 1%.
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