It’s not hard to notice that the pursuit of second citizenship has grown significantly and gained prominence in everyday discussions. In Brazil alone, the number of document issuances for study or dual citizenship doubled between 2020 and 2021, rising from 299,000 to 693,000, according to data released by InfoMoney.
Marcos Barcellos, Founder & Partner at InVino Capital, has spent the last year talking to Golden Visa investors and discovered that while the decision is deeply personal for many, there are common factors motivating this choice:
Pursuing dreams beyond borders: Whether starting a new venture or exploring new horizons, obtaining second citizenship opens up a range of possibilities;
Increased security: With second citizenship, investors feel more protected, knowing they have an alternative plan if circumstances become unfavorable;
Travel convenience: Who hasn’t been caught in visa bureaucracy? With a second passport, travel becomes less complicated;
Family priority: By acquiring second citizenship, investors can provide better opportunities for education, healthcare, and freedom to their loved ones;
Financial savings: No one likes to pay more taxes than necessary. With strategic citizenship choices, investors can optimize their fiscal and financial responsibilities.
Essentially, all above points are connected to a pursuit of an improved, more practical, and secure life. In your case, what are the reasons that inspire you to pursue a second citizenship?