What are the pros and cons of investing in a second passport? – The National

  • Date: 02-Dec-2022
  • Source: The National
  • Sector:Financial Markets
  • Country:UAE
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What are the pros and cons of investing in a second passport? – The National

Global demand for a second residency and citizenship-by-investment (CBI) has risen by 23 per cent year on year, according to the Rif Trust, an investment migration consultancy.

The advancement of technology has created a more connected world than ever before, but it has not provided a solution for people who still struggle to travel freely between borders.

Second passports are being increasingly sought out to combat this restriction of mobility.