A growing number of countries now offer immigrant investor programmes, allowing HNWIs the opportunity to obtain citizenship or residency by investing in their economies.

There are many advantages of a second citizenship. The most important aspects are: 

Second or third citizenship allows you to literally discover the world. For instance, EU passport holders are allowed to freely travel and live in all EU countries. If you are a citizen of one of the Caribbean countries, you can also visit the EU countries, Singapore, Hong Kong without a visa and you have a simplified procedure for obtaining visa to the USA.

There are advantages connected with taxation system and risks are mitigated. You may well consider alternative options in case you experience the following challenges: your country has groundlessly high taxes, tight country currency code, your country restricts you to work and invest in the economy you wish, and your assets are under risk of legal judgment proceedings. Another advantage of a second citizenship is that the country, granting it to you, does not inform your native country about obtaining a second citizenship. 

Modern world is unstable, military conflicts are flaring up quick as a wink, many people experience political heat for various reasons. That is why it is reasonable to protect yourself together with your family and guarantee an opportunity to live in stable economies. 

The fastest, but certainly not the cheapest way to getting a second passport is through an economic citizenship programme. These programmes often take the form of an investment scheme where you either invest in real estate or in certain funds, as specified by the local government. 

The below countries, offering programmes of obtaining economic citizenship, are highly popular for second passports.