Micha Emmett, CEO of CS Global Partners, explains the benefits of multiple nationality and why it can be attractive to the GCC’s business community
What are the key benefits of dual citizenship, and why should somebody consider it?
“Dual citizenship, or multiple nationality, enables individuals to hold citizenship of more than one country, which allows more flexibility on where and how they choose to live.
“Those with a second citizenship, or indeed multiple citizenships, receive a number of benefits, including increased global mobility, enhanced security, access to better education and healthcare systems, and substantial business and investment opportunities.
“In a survey conducted by CS Global Partners last year, we found that Middle East businesspersons faced significant hurdles when conducting international business, partly due to the administrative processes of travelling abroad. Depending on how mobile your second citizenship allows you to be, these challenges will dissipate with additional visa-free or visaon-arrival travel.
“Individuals and families around the world who are faced with barriers to travel, or are worried about their future in their home country, may look to invest in a second citizenship. This is where CS Global Partners can assist by supporting individuals to achieve a life of greater opportunities for their business and their families.”
Who is dual citizenship best suited to? Are members of the business community among the most likely to gain from it?
“Anyone can enhance their quality of life by holding multiple citizenships. The business community are prominent clientele because of the potential for expansion achieved in diversifying their opportunities for growth. This can come in many shapes and forms but really it’s quite a simple equation: multiply citizenship, and you’ll multiply your exposure to business opportunities.
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