Who Needs a Second Passport?
A second passport is a particularly valuable asset if you herald from a nation that levies exceptionally restrictive taxation on your worldwide income, assets and gains such as America for example. Those who hold a passport from a country against which there are international travel restrictions can also benefit from a second passport. Furthermore, wealthy citizens from countries where there is high crime or a high potential price on such a high net worth individual may find personal security reasons lead them towards considering a second passport. Therefore, anyone seeking financial advantages, personal security and confidentiality and international freedom of travel could potentially benefit significantly from holding a second passport. 10 Main Advantages of Holding a Second Passport • If for some reason you have to renew your passport frequently you may find it beneficial to have a second passport from a nation where the renewal rate is 10+ years. • If the nation you herald from is