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Exploring the Rising Interest in Alternative Passports and Citizenship
Interest in alternative passports and citizenship is increasing among US citizens due to COVID-19 restrictions on travel, leading them to seek additional options for mobility and security. The US, with a high number of millionaires and billionaires, is seeing individuals invest in extra passports to ensure open global access. Political uncertainties and fears of upcoming changes have also motivated Americans to explore citizenship by investment. Various countries, especially microstates, heavily rely on passport and citizenship sales as a significant source of revenue. However, such programs face scrutiny and pressure from entities like the European Union and the United States, impacting the geopolitics surrounding citizenship rights and visa-free travel.