Buying foreign citizenship

Published: 27/May/2015
Source: Moneyweb

With enough money you can buy anything, even a foreign citizenship. And for the outrageously wealthy, the power to move and live wherever they like is worth paying for.

“For families with means, it’s really just about giving yourself and your kids options,” says Andrew J. Taylor, vice chairman of Henley & Partners, the company whose chairman basically created the citizenship-by-investment concept and turned the fortunes of a struggling Caribbean island, St Kitts & Nevis, around.

Taylor says that 90% of Henley & Partners’ clients don’t want to move from their home country immediately, often due to significant business or family interests, but would either like the option to do so at a future date or want the travel benefits associated with having multiple passports.

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Themes: Acquisition of nationality, Naturalisation and Marriage
Regions: Southern Africa, South Africa
Year: 2015