Dual citizenship is a popular concept, and the bandwagon is ever-growing. Statistics indicate that more than 100 million people worldwide hold second passports, with countries like the US, Italy, Ireland, and Greece being the most popular dual citizenship destinations.
While holding citizenship of two countries simultaneously sounds great, you must have valid reasons to invest time and money in the process. After all, it’s often an extensive one with a series of steps. Moreover, it’s something you cannot do alone because a small error can get you a rejection or delay the process.
Every country has specific legal requirements and steps aspiring immigrants need to follow to obtain a second passport. For example, you may have to follow a complete process even if you qualify for Italian Dual Citizenship under either of the available routes. Each route has specific steps, so the application for Italian Dual Citizenship by descent is not the same as for citizenship by marriage or naturalization.
While the steps may sound complicated, the benefits make it worthwhile. Let us explain why dual citizenship is worth pursuing.
Access to social benefits
Many countries offer excellent social benefits to their citizens, and moving to them is a great decision for expats looking to start afresh. Consider the example of Italy, where one gets quality healthcare and affordable education after moving in as a resident. In fact, getting citizenship status is even better because you get a second passport from the country.
Not surprisingly, it is an ideal immigration destination for retirees and young families alike. Retirees love it because of its peaceful life and good healthcare facilities. Young families find it ideal from an educational perspective. It’s a win-win for all!
Having a second passport from another country means you can access the benefits in both countries, even while you choose one of them as your permanent home. You can always relocate to the second one when you want to do it. Could life be more amazing than this?
Political and economic stability
Countless people obtain dual citizenship to get a sense of security. It’s a small price to pay if you get the benefits of political and economic stability. Imagine living in a country going through political or economic turmoil. You don’t feel safe and you worry about your loved ones because their future is uncertain.
Relocating to a more peaceful and financially prosperous country is the best thing you can do for your family. Although getting a second passport sounds like a lot of work, every ounce of effort is worthwhile because it sets you up for a better life in the long haul.
Consider your options in destinations and research their citizenship processes to choose wisely. You can get loads of information online and check the websites of immigration experts to make an informed decision. And rest assured, it’s definitely a wise one!
More travel opportunities
Increased mobility is another benefit you can unlock with dual citizenship. That’s great if you are a travel buff! Think beyond shuttling between your home country and immigration destination because there’s much more on offer.
You can buy a powerful passport that helps you travel to many countries without visas or immigration restrictions. You can see the world, experience diverse cultures, and pursue international education opportunities without struggling with travel formalities.
Once again, Italy is an ideal destination for dual citizenship aspirants because it has one of the most powerful passports. With an Italian passport, you can travel visa-free to the EU countries and hundreds of other countries as well. Pack your bags and get going!
Better career prospects
The benefits of a second passport go beyond personal ones because it can help you make it big in the business or professional landscape. Whether you are an entrepreneur or a young professional, you can make the most of the business and career opportunities with dual citizenship.
You can work or run a business in both counties without work permits. It enables you to expand your business by branching out to an international market. Likewise, professionals can move to a place where their skills are in high demand and they can make more money.
It’s an opportunity to step outside your comfort zone and learn the way people work in other parts of the world. Being a global entrepreneur or professional is a big advantage for any person looking for long-term growth.
Besides career and professional growth, property ownership is a valid reason to explore dual citizenship. A second passport makes it easy to buy and own property in both countries. If you want to buy a home or invest in a commercial real estate option in your destination country, you can do it without qualms.
It’s a great way to diversify your real estate portfolio if you have surplus funds to invest. You can also enjoy living in a home in your country and another part of the world. Plus, you can invite friends and family for holidays and have a good time together.
Another good thing about real estate investment with dual citizenship is that it can provide tax benefits for people who own property in both countries. Just imagine the benefits- you have an impressive portfolio with properties in another part of the world. And you also save up on taxes. That’s great!
Dual citizenship is an excellent decision for people with ancestral roots in another part of the world. For example, countries like Italy enable people to claim citizenship by descent through the Jure Sanguinis route.
Moving to the country of your origin enables you to reconnect with your family and experience the cultural heritage of the place you actually belong to. The best part is that immigration through this route is a breeze.
Another good reason to reclaim your ancestral roots in Italy is that you can pass on the benefits to the next generations. Consider it the best inheritance to bequeath to your children and grandchildren because they get a second passport by default. So they can be a part of the culture and settle in their ancestral home country.
You can leverage dual citizenship for a lifestyle transition for the better. Starting afresh in another part of the world makes sense when you want a career switch, better education for your children, or an easy life after retirement.
A second passport sets you up for a smooth transition according to your expectations. Moreover, you can buy a home, set up a business, or get a head start with your career without stressing about immigration.
Nothing gets better than embarking on a dream life in another country. Not surprisingly, a growing number of Americans are making a beeline for the EU countries because they want to experience a slice of the European lifestyle.
Dual citizenship serves several benefits and opportunities, even if it entails a one-time effort and investment. So you’ve got plenty of good reasons to follow an extended immigration process. But is it that complicated and time-consuming? Do you need to worry about waiting for a second passport forever? Well, guys, things can be a lot easier than you imagine. You can ease the journey by collaborating with an expert to seek guidance and get through the process. And you’ll have your second passport sooner than you imagine. All the best!