An IMGW News Report
Interest among the ultra-wealthy in acquiring second passports—through Investment Migration (IM), Citizenship by Investment (CBI), and ‘Residency by Investment’ (RBI) programmes—has surged to unprecedented levels amid escalating political uncertainty. Michael Sonnenfeldt, founder and chair of Tiger 21, a global network of investors with ultra-high net worths, reported to Bloomberg that interest in second-country passports “has reached an all-time high” among Tiger 21’s over 1,200 members, who include current and former entrepreneurs, investors, and top executives with at least $20 million in investable assets. Major Investment by Migration (IM) firms have reported similar trends.
