There are different reasons which trigger the need for people to get a second citizenship.
Below are some of them.
1. Avoiding Political and Economic Instability
There is no worst-case scenario than a country that is full of political unrest. This typically spoils the investment environment in a huge way, which can discourage a serious business person. It is a clear explanation as to why people sometimes prefer having a second home beyond the borders. With dual citizenship, you have the right to do business in whichever place you with between the two nations.
It means that one can quickly shift the assets to the second home, which is more political and economically stable. It also acts as a way of business expansion as the different business premises increase the publicity. Besides the investment consideration, the safety aspect also means a lot as a family can get a safe escape route when there is grave political tension.
2. Change of Lifestyle
There are times when a person could have an inner desire for a particular lifestyle or culture. It could be that the current home country is too strict with the way people do their things due to religion and what makes the fabric of the society. One may feel too limited to enjoy life; hence opt for friendlier and relaxing environments.
This is a common thing these days whereby a family spends different times in the two other countries. We also see this among retirees, whereby they spend their time in more exotic and peaceful environments. Sometimes, this helps break the boredom of spending an entire lifetime within the same boundary toiling hard.
3. Citizenship for the Children
In most citizenship opportunities, some benefits arise. For instance, the applicant gets the assurance that the dependents will get automatic citizenship. When the dependents are below the age of 18, they acquire permanent resident status. However, when the parents naturalise, they become citizens immediately. The authorities reason that the children cannot apply for their citizenship as they are below the legal age.
This only means that citizenship to the children is a gift from the parents. For many Caribbean countries, this benefit on the dependents is there. All that is necessary is applying for citizenship through the main channels. Applicants may use citizenship by investment strategy, and it works. Most of the procedures in the Dominica Citizenship by investment programs are straightforward. There are even accredited companies that handle the whole process. With the high transparency levels, you will have no worries when making the payments.
4. Eligibility for Government Jobs
The majority of the developed countries have specific jobs well-reserved for the citizens. This is because a true citizen at times has the inner passion for making the country better. The authorities, however, put more trust in them than noncitizens. Statistics even show that the naturalised civilians are even more productive than the ones who are not. This is partly because there is a tight screening process that ensures only the best are passed through.
Again going by the statistics, the citizens tend to earn fifty to seventy per cent more than the noncitizens. They also end up having a higher employment rate as many companies find them dependable. Ordinarily, the job application processes will need the applicants to have the relevant documents such as the National Identification Cards. Without such, the hopes of securing a job are slim.
5. Freedom to Travel
The other key benefit of securing second citizenship is the freedom to travel to other countries without trouble. For instance, if we focus on Dominica island, citizens can quickly travel to the European nations and the United States. It can be hard when you are in a slowly developing or third world country.
This means that you will be killing two birds with one stone. What is much essential is maintaining a good track record as this matters a lot to the way other authorities view you. Therefore, your law-abiding attributes need to shift with you after acquiring new citizenship in the new land. Make the different nations have an easy time in deciding whether you should pay them a visit or not.
People also know that these free travels come with some protection from the government, meaning they can get support in cases of civil unrest or personal problems while abroad.
6. Family Reunion
Job opportunities elsewhere can result in a member of the family shifting to another country. It creates a geographical barrier in the family which can be hard to deal with. Thus, it is common to see people opting to attain citizenship as a way of bonding with family members or members. It is becoming more enjoyable as it makes everyone together.
In the United States, for instance, the law allows citizens to file immigration petitions. They do this through the appropriate government agencies and request for approval of additional family members to join the new country. This is most successful when there are dependents within the family who were left behind.
Note that there is diversity when it comes to the need for dual citizenship. Many people these days are striving towards acquiring second citizenship. Some do so, intending to find a nation with a better political and economic environment. Others see a chance to change their lifestyle and explore the world more. Some find it a better opportunity for reconnecting with family. The other benefits include freedom of travel, automatic citizenship to children, and eligibility for job opportunities.
More Great Dubai Route Stories
Inspired by the Energy of California Summer, Jacquie Aiche Launches Jacquie Aiche X Josephine
Why Moscow is a Great Choice for Your Next Overseas Trip
Antigua & Barbuda to Showcase ‘Country’s Story’ at Expo 2020 Dubai
Emirates to Start Daily A380 Service to Istanbul
SalamAir Takes Delivery of the First A321neo Aircraft in Oman Market
NIP Boosts Local Food Production by Offering Vital Facilities for Hydroponics Vertical Farming
Disclaimer
Global Business, Financial News, Market Data, and Analysis published here are delayed 24 hours. All the published information, analyses, and conclusions are based (unless sourced otherwise) on external information and Dubai Route Group’s experts' judgment. They are intended as guides only and should not be construed as definitive forecasts or guarantees of future performance or results. No responsibility or liability is accepted by any person, including Dubai Route Group or its affiliates and their respective officers, employees, or agents, for any errors or omissions.
For all the latest travel news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and follow us on Instagram, which is updated daily.
Commentaires