Wealthy Americans Seek Multiple Residencies and Citizenship
Investment migration experts told Forbes that affluent U.S. citizens are obtaining additional residencies and passports. The practice is compared to portfolio diversification for risk management.
cnbc.comInvestment migration experts told Forbes that wealthy Americans are obtaining multiple residencies and citizenships. They described the activity as a method to reduce exposure to uncertainty. The experts compared the approach to holding a diversified stock portfolio.
They said the goal is to limit potential losses from political, economic, or regulatory changes. Forbes reported the trend without naming specific individuals or providing numerical data on participation rates.
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