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citizenship

March 20, 2018

Global wealth-holders increasingly want secondary passports and residencies, but a new report is warning of the risks to reputations from citizenships on sale.

Global wealth-holders increasingly want secondary passports and residencies, but a new report is warning of the risks to reputations from citizenships on sale.

Just over one-third (34%) of ultra-high net worth individuals already possess a second passport and more than a quarter (29%) were planning to buy one, while one-fifth (21%) are considering emigrating permanently, according to Knight Frank’s annual Attitudes Survey, produced for The Wealth Report.

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