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

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%.
"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."
Read at SFGATE
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