Government is the biggest threat to your personal freedom and financial security. Having dual citizenship, or even multiple citizenships, is an important step in internationalising yourself thereby protecting yourself from politicians who are imposing draconian regulations designed to restrict movements of its citizens.
Alternative citizenship is the third pillar in the HXL Asset Protection Program. It can be described as a form of insurance that can help protect your freedom, your privacy; it may even save your life. Furthermore, it enables you and your family to bank, invest, travel and do business in countries you would not otherwise be able to do without fear of your home government tracking you.
Like diversifying your investment portfolio to mitigate risk, why not mitigate your citizenship risk? Wealthy individuals and families from China, Russian and various Arabian countries have recognised the potential risk of having their funds seized and left with nothing. A second citizenship and passport can protect you and your assets.
HXL has the expertise to advise clients in citizenship planning and citizenship by investment programs. Our team of experts advise clients on the best current program to acquire citizenship along with the best locations globally to deposit assets. All discussions and planning are private and confidential.
Visa Restrictions
One of the major reasons for obtaining a second passport is to avoid the hassle and expense of applying for a visa to enter into a country. This may be due to political reasons in your home country and travelling abroad becomes very tiresome with various forms to fill out. A good second passport will give you visa-free access to more countries than you had before.
Political Circumstances
There are situations where the government of your home country wishes to be politically active with their foreign policy that may cause problems with other countries. These geographical disturbances can make obtaining visas more difficult. Travel restrictions may be imposed along with economic sanctions making it harder to make investments or conduct business. Should the political situation deteriorate in your country, a second passport will be essential in the ability to leave the country.
In addition, having a second passport will enable you to avoid being forced or drafted into your country?s armed forces during war or for compulsory training.
Personal Security
In a situation where you are unable to obtain or renew your passport in your home country, or when you are falsely accused of a crime and authorities take away your passport (they don?t even need to convict you), having access to a second passport will be critical ? the ultimate insurance policy.
You might also be facing religious, social and/or cultural discrimination against your nationality or ethnicity. A second passport will take away these prejudices.
More Financial Options
Business people may need to travel frequently and having a second passport will mitigate the delay it takes to apply for a visa when you send your passport to an Embassy or Consulate. During this time, you are unable to travel.
The unpredictability of today?s geopolitical events should be the reason you should take precautions in safeguarding your interests. Acquiring a second citizenship and passport is the third vital piece of the HXL Asset Protection Program. Citizenship programs are also available to your spouse and children so they can enjoy the benefits a second passport has to offer. In some cases you do not have to relinquish your current nationality, however check you current country of citizenship to ensure you are legally entitled to take dual-nationality.
For each of our clients, you will receive integrated solutions from our team of specialists. We carefully analyse the specific details of your unique case, present available options and implement a plan using our extensive expertise and experience with global partners.
Don?t wait until something happens before you apply for an alternative citizenship. It may be too late. Contact HXL Partners today for a private and confidential consultation.
HXL Recommended Citizenship by Investment Programs
ANTIGUA & BARBUDA
Twin island country located in the eastern Caribbean. An independent Commonwealth state, Antigua is an exotic paradise boasting some 360 beaches, turquoise water and coral reefs with lots of luxury resorts. Tourism is a key industry driving 60% of GDP.
AUSTRIA
located in the heart of Europe, member of the European Union and Schengen Area. The capital Vienna is the hub for business and trade in central Europe. Boasts a very high standard of living, rich in European culture, and is one of the most stable economies in the world.
BULGARIA
Located in southeast Europe, member of the European Union. Affordable cost of living and low business costs. Expected to join the Schengen area in the near future.
DOMINICA
Island nation located in the eastern Caribbean. Home too many rare plants, animals and birds. The island is a green paradise with countless rivers, waterfalls and has the world?s second largest hot spring.
GRENADA
six islands located in the south-eastern Caribbean Sea form what is known as the ?Isle of Spice? due to its production of nutmeg and mace crops. Former French and British colony rich in history and culinary delights.
MALTA
Located in the beautiful Mediterranean, member of the European Union and the Schengen Area. Very stable government with high standards of living with low crime rates.
St. Kitts & Nevis
is a small two-island nation located the Lesser Antilles or the West Indies. The Caribbean destination offers beautiful beaches, reefs, cool climate and tropical landscapes. Diverse culture with influences of the Carib, British, French and African.
St. Lucia
a small island located in the Lesser Antilles region of the eastern Caribbean. Home to volcanic beaches, reef diving and luxury resorts. Also a popular cruise port.
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