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An article by NGE lists 5 reasons why someone should apply for a second citizenship. Having a citizenship is important, but it is intriguing to see the reasoning behind having a second one.
The 5 reasons to get a second citizenship listed in the article is the ability to travel freely, saving tax by classifying it as a business expense, ability to move in case of economic instability or a harsh political climate, an obvious one is reaching more people with your business with two citizenships, and the last reason is passing the citizenships down to your family lineage.
These are all the reasons as highlighted by Next Generation Equity or NGE.
No matter which is the…