Serious Coin
The New Must-Have Asset? A Portfolio of Passports with Dominic Volek
Mar 13, 2024
Dominic Volek from Henley & Partners discusses the trend of wealthy individuals acquiring multiple passports through investment programs for safety and mobility. They explore the motivations, financial aspects, and global opportunities of possessing dual citizenship, emphasizing the importance of responsible wealth management. The podcast delves into the complexities and benefits of diversifying assets with a portfolio of passports in the current global landscape.
31:25
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Quick takeaways
- Ultra high net worth families invest in passports for global mobility and security.
- Investment migration programs offer economic benefits but raise concerns for regulation and due diligence.
Deep dives
The Rise of Investment in Passports for Wealth Diversification
Ultra high net worth families are increasingly investing in residence or citizenship by investment programs amidst global uncertainty. These programs offer them a secure sanctuary and global mobility without the need to physically move. Various countries offer different pathways to citizenship or residence, attracting interest from both emerging and developed markets.
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