HNWIs spark 45% jump in requests for second passports

clock
HNWIs spark 45% jump in requests for second passports

A second passport or permanent overseas residency is now the ultimate luxury item for high-net-worth individuals, according to figures from UAE-headquartered deVere Group. The comments from Nigel Green, the firm's CEO, come as his company reports a 45% year-on-year jump in enquiries from individuals across the globe who are seeking citizenship and/or residency outside their country of origin.  Green observed: "Wealthy individuals around the world are now increasingly considering investi...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login

Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.