The 1 Second Citizenship Question Everyone Should Know How to Answer
There is one second citizenship question that everyone should know how to answer – here it is…….
The thought of a second citizenship residency program, if you’re a US citizen, can be enticing.
It’s a terrific opportunity to broaden your horizons and those of your business and family. Not to mention, it can also offer personal freedom as well as the flexibility of a Plan B (for if you want to move countries either now or in the future).
So, if you’re a US citizen eager to find out more about second citizenship, read on.
You may be someone who’s going to live and work or study abroad for a lengthy period of time. Or, perhaps you’ve looked into your heritage and ancestry and want to adopt the nationality of your ancestors?
Whatever your reasons, you’re bound to have questions about the process and how it impacts your US status.
But, the 1 second citizenship question that every person needs to know the answer to is one that we get asked almost every day:
Will I Lose My US Citizenship?
As a US citizen, you can, by law, apply for a second citizenship and/or residency program in another country without putting your US citizenship at risk.
Fortunately, US law doesn’t require a person to choose one nationality over another. So, if, for example, you’re considering living abroad to work or study and won’t be spending much time on US soil for that period of time, if at all, your US citizenship won’t be revoked.
Whether you’re a US citizen by birth or because you’ve obtained it by naturalization, you are not at risk of losing your status by spending time abroad, either for prolonged periods of time or permanently.
If, however, you’re a Green Card holder, the rules are different. This is especially true if you plan to travel and live abroad for longer than one year.
The US Citizen and Immigration Service (USCIS) lays out the rules that apply to Green Card holders and international travel, so be sure to consult these regulations.
There are, however, a few other important questions that US citizens considering such a move should ask, including:
Fortunately, US law doesn’t require a person to choose one nationality over another.
What is Second Citizenship?
It means you have a valid passport of more than one country, one of which is usually through birthright.
Not all countries allow this kind of arrangement. Today, there’s only a short list where this is permitted. It’s important to note that the laws around second citizenship of different countries are constantly developing.
How Can You Acquire Second Citizenship?
There are three possible ways you can acquire second citizenship as a US citizen:
If you can show that your ancestry is from another country, there are many places around the world such as Ireland, Bulgaria, and Greece that offer citizenship based on ancestry, according to the CIA World Factbook.
Fast track naturalization:
If you move to another country and stay for several years, you can acquire second citizenship in this way.
Some of the countries offering the fastest naturalization include Israel, Paraguay, and Uruguay (3 years), Australia, Brazil, and Canada (4 years) and Belgium, Chile, India, Ireland, New Zealand, Panama, Sweden, and the United Kingdom (5 years).
Citizenship by investment:
Finally, there’s citizenship by investment. This is something that’s been popularized by famous people who make a financial investment in a country to enhance its economic welfare and development.
For instance, Angeline Jolie, Nicole Kidman, Rob Delaney, Jim Carey, and Simone Biles – are just a few of the household names to have been awarded ‘citizenship by investment.’ It isn’t, however, just the reserve of celebrities.
If you’re a US citizen who wants to protect and expand their business interests in Europe, then a second citizenship or residency program may be just the investment you need to make.
Citizenship by investment costs varies from country to country. We can walk you through the benefits and options depending upon your individual and business needs.
You’ll receive a personalized cost breakdown that ranges in price from US +/-$100,000 to +/-$2,500,000.
What Are The Benefits of Second Citizenship?
There are multiple benefits if you’re a US citizen considering applying for second citizenship. For example, you could benefit from visa-free work and travel across different countries.
One example is if you have a passport for a European country, you have the freedom of movement across the rest of Europe’s 26 countries.
Also, as touched upon earlier, it’s a Plan B. For example, if you’re unhappy living in your country of residence because of unrest or political change, you may want the freedom to live elsewhere and have the security of second citizenship.
If you have a family or plan to have one in the future, you can pass your second citizenship on to them so they won’t have to go through the same process as you did. You’re making life easier, not just for yourself but for your future generations.
We can talk you through the many benefits in the strictest confidence at a time of your choosing.
Ready to Apply for a Second Citizenship?
Hopefully, you now know what the 1 second citizenship question that everyone looking at these programs should ask – as well as a few other important facts to consider.
If you’re interested in obtaining secondary citizenship, we’re happy to help. We’ve been global citizenship specialists since 2008.
Our US-based consultants help American citizens choose the right program of second citizenship for themselves, their family, and their business interests. So, contact us today to book a free 50-minute consultation.