Second Passport ? You know there are basically 2 lifelong and perfect benefits that parents can offer their children right from their childhood. The first one of these is the gift is that you should teach the children a foreign language. All the children learn their parent’s native language. But giving them an opportunity and exposure to learn a foreign language from a very young age is going to help them develop a native fluency. That will benefit them throughout their entire life.
Being able to speak a foreign language is very beneficial in so many ways. I do speak a bit of French, but I learned the language later in life. So you can tell I’m not a native speaker and not very fluent. Now, the second gift that parents can give their children is giving them a 2nd citizenship, a second passport. A 2nd passport is the ultimate insurance policy for children. Because, at any point in their lives, they will always be having another place to study, work and live in, other than their home country. That will leads to more opportunities. If you’re planning on having a child, you really should think about going overseas. To well-known countries which grant citizenship to any child that is born there. With 2nd residencies, many benefits will follow. For example, some provide tax-free lifestyles, and some even provide free university tuition.
This is a legal concept that is commonly known as the “right of the soil” and it includes almost the entire western hemisphere. Chile, Panama, Argentina, America and Brazil will give your child citizenship born there and this citizenship is for life. Another method for getting the 2nd citizenship for your children is through a process known as ancestry. Chances are that your ancestors have given you this present and you don’t even know it. Citizenship through the process of ancestry allows people to claim their citizenship if they have ancestors from places such as Spain, Greece, Ireland, Poland and Italy.
However, if you don’t have such ancestors, there’s another option for getting that citizenship. It is simply buying citizenship. The citizenship by investment programs is for those people who are able to invest in citizenship. Antigua and Barbuda offer affordable programs. A little while ago Antigua and Barbuda announced a program. In this program, a family of six people can purchase citizenship for only $150,000. Also with this program, your investment or donation will go directly to the country’s University of the West Indies Fund. In this program, you can include your children up to the age of 28 and are enrolled in some universities. And dependent parents up to the age of 58 years can be included.
The overall investment when broken down per person is only $28,000 which is a very low rate for a 2nd citizenship. The major benefit of Antigua and Barbuda’s citizenship by investment is that this 2nd passport will come with free tuition for one member of the family for one year, at the University of the West Indies, which is very good! So, this citizenship by investment program is absolutely perfect for a large family that has dependent parents and also adult children. Do check it out if you’re interested in such a program.