Your second passport can help you invest and get maximum ROI

Passport is a valid document which will help you travel abroad. In the recent times, the option of second passport has also come up. A large number of people, especially businessmen are looking forward to get hold of a second passport which will help them in expanding their business and earn maximum ROI. With the help of My2ndPassport, you will not only be able to get help in applying and getting a second passport but you will also get help in knowing how to invest and where to invest in different countries.

Russian businessmen are looking forward to hold a second passport in order to invest in business opportunities in those countries. As per a recent study conducted by My2ndPassport, it was found that Hong Kong is one of the top countries to invest in the present times. It is a gateway between China and the rest of the world. Moreover it is a tax haven and you will not have to stay for a longer time in the country to earn a second passport. In order to get a passport of Hong Kong, you will have to choose any of the two options – investing not less than 10 million Hong Kong Dollars after residential approval (citizenship will be given 7 years later) and holding net asset of no less than 10 million Hong Kong Dollars.

St Kitts and Nevis is the East Caribbean island country near USA which is also a tax haven and is considered as a good option for businessmen to hold a second passport of this country. A number of Russian businessmen have applied to get a passport of this country. However, there is only one way out in order to get a genuine passport to this country - “Passport by Investment – Citizenship Program”. You will have to invest around 400,000 USD in real estate property here to get a passport. That can be a tough criterion to meet for many businessmen.

Cyprus is another option if a businessman is looking to get hold of a second passport for investment and business purpose. It is the most populous and 3^rd largest island in the Mediterranean. It is also a European Union country which makes it a viable investment option. Also, if you can hold a passport to this country, you will also be able to get free movement within Europe. This attracts a large number of Russian businessmen to this place. To get a passport to this place for business purpose, one needs to purchase real estate property which will be worth around 300,000 Euro. Once you can show this investment, you will become a legal resident after approval. You will be able to get permanent residence in the country after 5 years. 

Canada shares the world’s longest border with USA and is an extremely immigrant friendly country. The quality of life is quite high and it also has political and economic stability. So, it is considered as a viable option for investment and business purpose. However, to get a passport of this country and start business, you may have to invest 2 million CAD and provide asset proof of 4 million CAD.

It will be solely your discretion as to which country you will choose for investment and business purpose. Whichever option you choose, My2ndPassport is there to help you.