For those who are looking to obtain a second citizenship and passport it can become an essential, once-in-a-lifetime task and thus very significant. Even more, a second citizenship is valuable insurance in case of public unrest, political chaos, major lawsuits, and financial collapse. For some, obtaining a second (dual) citizenship and second passport is like a life insurance policy.

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In addition to common paths to citizenship, many countries now offer citizenship through investment into the country’s economy. These Citizenship by Investment Programs (CIP) offer wealthy foreign nationals the ability to travel as easily as any EU-born citizen.

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For citizens holding passports with heavy visa restrictions, travel is a frustrating issue. Fortunately, alternative options are increasing in availability. Many countries throughout the EU and Caribbean offer Citizenship by Investment Programs (CIP), which allow foreign nationals to obtain second citizenship (and passport) abroad.

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Second citizenships are chosen based on convenience and affordability. For the ultra wealthy, an extra million Euros or two may be available to spare. For the budget-conscious, maybe the Caribbean is the wiser option.

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These days, having enough money can get you a second passport. A second passport is both your ticket to live in another country as well as to travel freedom. It is without question the ultimate insurance policy.

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Businesses today can operate in multiple countries with relative ease. Businesspeople, on the other hand, are faced with travel difficulties and obstacles.

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