It is not necessary to live in one country all your life. It is possible not only to become a resident of another country, but also to join the ranks of its citizens. You do not have to give up your native passport, because in the modern world it is quite realistic to obtain several civil statuses. This opens up unique prospects for those who seek to expand their borders, to realize themselves in a certain sphere and increase their income. In this article we will consider in detail how many passports are allowed to possess, as well as what it gives.
Explanation of Dual and Multiple Passports
Multiple citizenship is a simultaneous status of a citizen of two or more countries. It can be obtained not only by birth, marriage, but also by investment. Some states impose restrictions, while in others you can hold multiple passports. According to Immigrant Invest specialist Zlata Erlach, the procedure of getting a passport for a foreigner can be simple or complicated depending on specific conditions. There are several ways to achieve what you want:
- Investment. According to Immigrant Invest’s St. Lucia Zlata Erlach, this option involves investing a significant amount of money. Thus, citizenship by investment is suitable for those who have sufficient capital.
- Family ties. If you have cousins or brothers and sisters where you would like to get a document and you can confirm this, it makes the process easier. The task is also made easier if you have lived in the state yourself.
- The presence of ancestors who were members of a certain territorial entity. This allows you to obtain an alternative status in accordance with the laws. However, there are requirements that can be difficult to fulfill.
- Getting married. The timing of this procedure may vary from one part of the world to another.
Thus, everyone can find the right path for themselves.
Countries that Allow Multiple and Dual Citizenship
Belonging to more than one state is allowed in different parts of the planet. For example, in:
- Albania;
- Belize;
- Finland;
- Kosovo;
- Nigeria;
- Algeria, etc.
In addition, each option has its own peculiarities.
Advantages and Disadvantages of Dual Citizenship
It is important to note that this status provides a number of benefits. For example, dual citizenship opens the door to unhindered travel, work, business and education. They have the right to receive social benefits and services, and can also use real estate and open bank accounts in different countries.
As Zlata Erlach, an expert of Immigrant Invest agency, points out, one of the most important advantages is the possibility to choose favorable political conditions for one’s life and business. For example, belonging to a state with low duties can give significant advantages to entrepreneurs and investors, allowing them to reduce their duty burden.
Another advantage is access to excellent educational institutions and clinics. Some democracies offer their citizens the opportunity to attend universities at low prices. This can be tempting for parents who want to ensure a brilliant future for their children. In addition, this way opens up access to better health care and insurance, which is an important factor for health and well-being. However, it should be kept in mind that different powers have their own restrictions and conditions. Some states approve of binary citizenship, while others prohibit such a thing. In addition, poly citizenship can be costly.
Requirements to obtain multiple citizenships
When making a decision, it is important to accurately study the conditions and restrictions of each country and consult with lawyers and experts in the field. This will allow you to make the right choice and take advantage of all that multiple citizenship can offer. According to Zlata Erlach, an expert of the agency Immigrant Inves Emigrant Invest, how many passports can you hold depends on the legislation of each individual state. Therefore, everything is individualized.
Conclusion
So, many people want to have many passports, because it provides unique perspectives and opportunities for those who want to expand their borders. It allows you to choose favorable political conditions, opens access to excellent universities and medicine, and also protects you from various troubles. It is not difficult to become a happy owner of several documents if you study all the requirements mandatory for fulfillment, properly prepare for the procedure, plan costs and enlist the support of professionals.
For more information, contact the experienced experts at Emigr Invest. They will provide you with the necessary assistance and advice as soon as possible, taking into account your goals and possibilities. You can also study the necessary information on your own, this topic is discussed in detail on the internet portal immigrantinvest.com. Here you will find answers to many of your questions.