Why a second passport is the latest must have of the world’s wealthiest

This article was published by Forbes on March 30, 2017 and features commentary from Reaz Jafri. 

Wealth can buy many good things in life, including citizenship.

The wealthy (and not so wealthy) have long gotten second passports by spending time in another country and eventually qualifying for citizenship. Then in the 1980s St. Kitts and Nevis introduced a citizenship by investment program. Since then, various countries have proactively made citizenship available to people based on investment. Such arrangements are available in the U.S., U.K., Singapore, Portugal, Spain, Malta and many other places.

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