A second passport has been an important pre-requisite of being a global citizen for many years. Entrepreneurs around the world, in particular those who live in developing countries with regimes that could quickly turn hostile, have understood the value of possessing alternative nationality for some time.
Ultimately, a passport offers its holders the right to escape if it becomes necessary and enables family members to enjoy the benefits of being alternatively domiciled in a country whose higher standards of education, political freedom, or more friendly business climate allows families to flourish.
The UK today has one of the best passports in the world. The Tier 1 Investor Visa scheme promises a UK passport that offers visa-free travel to 173 countries. It also guarantees access to some of the best education in the world while having a long heritage of being reliably governed by the rule of law.
Despite the ongoing challenges surrounding Brexit, Britain remains unfazed and the country continues to be the most attractive market for Foreign Direct Investment (FDI) in Europe. Global financial investors are also seemingly unconcerned and see the UK’s future prospects as positive with more than 65% not changing their investment plans following the Brexit vote, and 75% not planning to move their operations out of the UK. So business and personal opportunities in the UK continue to reign high.
Whether it’s for business, political, familial or tax reasons, residency and citizenship are complicated – things change constantly and individual circumstances make huge differences. UK Welcome™, as part of Knightsbridge Wealth, has teamed up with a significant team of exceptional accountants and lawyers to ensure Tier 1 Investor Visa applicants receive the best advice, based on their unique circumstances. Get in touch today with the team!