Why nearly every second millionaire has a second citizenship

According to international research, over 45% of ultra-high-net-worth individuals (UHNWI) have already obtained or plan to obtain a second citizenship. This trend is no coincidence: there is a growing interest in asset protection, freedom of movement, and personal security. A second passport is no longer a status symbol — it's a practical tool for managing risk, especially in times of geopolitical uncertainty, sanctions, and increased financial scrutiny.

Political instability: Unpredictable political shifts push entrepreneurs to look for safer jurisdictions. A second citizenship allows for a swift change of residence when necessary.
Access to global markets: A second passport opens doors to international business and simplifies operating beyond one’s home country.
Family benefits: Many wealthy individuals view second citizenship as a way to secure better educational and professional opportunities for their families.

Investors are increasingly focused on shielding their wealth from political and economic upheaval. Countries with stable economies and transparent legal systems, such as Turkey, Armenia, and Moldova, offer reliable frameworks for asset protection. In addition, tax benefits make these destinations attractive to high-net-worth individuals.

Second citizenship means access to over 130 countries visa-free, including the Schengen Area, the UK, and Singapore. A Turkish passport, for example, significantly expands travel freedom compared to a CIS passport.

It’s not just about mobility — it’s about access to quality healthcare. In emergencies, a second passport may grant quicker medical assistance across Europe or the Middle East. Many use second citizenship to secure long-term insurance and medical services in the EU.

A second passport means flexibility in choosing a business-friendly jurisdiction. Countries like Turkey, Armenia, and Serbia offer favorable tax environments, simplified reporting, and easy access to global markets — ideal for crypto investors, tech entrepreneurs, and international business owners.

More and more individuals are treating second citizenship or residency as a strategic asset. Here's a look at the most in-demand destinations in 2025, offering legal and transparent paths to a new passport or residence status:

One of the fastest and most popular citizenship-by-investment programs.

• Passport issued in 3–6 months
• Real estate purchase starting from $400,000
• Whole family eligible
• No language or residency requirements
• Visa-free access to 110+ countries and simplified U.S./UK visa process

Offers simplified citizenship based on ethnicity, marriage, or residency.

• Citizenship from 4 months
• Business-friendly tax conditions
• No need to renounce original citizenship

A great option for those wanting to live in Latin America with a future path to citizenship.

• Residency via rental income or foreign income
• Citizenship after 5 years
• Easy and loyal renewal process

U.S. citizenship requires significant investment but unlocks huge potential. The EB-5 program offers a green card if:

• You invest in an American business
• You create jobs for U.S. citizens
• This pathway provides access to one of the world’s strongest economies and top-tier living standards.

Why do you need a second passport? Whether it's travel freedom, tax optimization, safety, or expanding your business, your goals will shape the right program choice.

Some countries offer favorable tax treatment. Greece, for example, allows a flat tax of €100,000 per year. Portugal grants new residents a tax exemption for 10 years. These details matter when preserving and growing wealth.

Compare cost, timeframes, family inclusion, investment requirements, and bureaucracy levels:

• Turkey: real estate from $400,000
• Mexico: income-based residency without property purchase
• USA: high investment, but direct path to a green card

The right choice depends on your goals, budget, and long-term plans.

Despite the clear benefits, second citizenship comes with risks and legal considerations:

• Regulatory changes: Shifts in policy — both in your home country and in your new jurisdiction — can alter the rules at any time.
• Sanctions: A second passport doesn’t guarantee total safety. Some billionaires, such as Oleg Deripaska and Roman Abramovich, have still faced restrictions despite holding multiple citizenships.

It’s essential to stay informed and prepared — and treat second citizenship as a living, flexible strategy.

Obtaining second citizenship is increasingly a way to reduce risks and ensure long-term security. Here's what we recommend:

• Conduct thorough research before making a decision
• Consult legal and financial experts
• Diversify your assets across multiple jurisdictions
• Stay updated on political and legal changes in relevant countries

Second citizenship is no longer a luxury — it’s a survival tool, a symbol of stability, and a strategic move. More and more investors, business owners, digital nomads, and families are choosing this path — and rightfully so.
If you’re considering a second passport, now is the time to act.

If you don't want to go through this process alone — the Visa Dan team is here to help. We will help you choose the right jurisdiction, develop a tailored strategy to obtain second citizenship, and fully guide you at every step — from your first consultation to the final result. Reach out to us to make this journey fast, legal, and confident.

Contacts: +447584850645
Telegram: @visa_dan
Email: visadanoff@gmail.com