During the pandemic, high-net-worth individuals have sought citizenship in other countries, hoping to diversify options in not only investment, but lifestyle Source: Pandemic Fuels Demand …
Many countries attract investment from high-net-worth individuals by offering residency and/or citizenship for those making direct investments into the country.
Dual residency or dual citizenship is growing in popularity. I suspect that in the 21st century, having either will become common for the elite and even much of the professional class. I was stunned to learn that until 2017, UK Prime Minister Boris Johnson held U.S. citizenship.
The U.S. is behind and is falling behind in global education skills, including being multi-lingual. This portends a future where the U.S. may be less influential in the world.
Everything is going back to lock down, travel bans and restrictions – as if this is just going to go on forever.