In the post-pandemic era, in the context of increasing uncertainty, a second identity has become a recognized necessity for the rich.
More and more people are pursuing important goals such as asset allocation, wealth management, tax planning, etc., all of which can be accomplished with the help of a second identity.
In addition, planning a second identity for yourself and your family in advance is a plan B that is prepared and worry-free.
Second citizenship is both an insurance policy and a conduit to new opportunities. So what's the magic of a second identity? Let's take a look at the analysis together:
1. Travel the world with ease
High net worth individuals with a second status can easily travel abroad without having to follow any tips to get a travel visa, all thanks to a second status. A second status allows the holder to travel to the destination they want to go in an emergency without having to go through red tape.
For example, Saint Lucia status holders can travel visa-free to more than 150 countries.
2. Broaden the international market
Obtaining a second citizenship makes it easier to travel the world, which means easier access to international markets, more customers, easier cross-border business, larger customer and supplier base, faster growth and increased profits.
Saint Lucian citizenship gives business elites greater exposure to international markets, business development and income.
3. Preferential tax benefits
The tax problems of high-net-worth and high-income people are prominent, facing increasingly severe challenges, and tax problems continue to be solved.
Saint Lucia is one of the few non-global taxing countries, no property tax, inheritance tax, capital gains tax, etc., there are no restrictions on the repatriation of profits and imported capital, and provides very preferential incentive policies, including corporate tax incentives, full exemption from import duties, tax reductions, export subsidies, etc.
Health and social advantages
Holders with a second status can enjoy healthcare and other benefits in the country without restriction because they are granted the same rights as other residents of the country.
All towns and villages in Saint Lucia have health and wellness facilities that provide quality medical care to all citizens and residents.
5. A better education system
As an applicant, their children can enter first-class international universities with a second identity, and easily connect with international education.
As a member of the British Commonwealth, Saint Lucia has inherited the British education system in its entirety and implemented a bilingual education policy, so that children can enjoy a quality education system.
Saint Lucia citizenship
For high-net-worth investors, the advantages of Saint Lucia are clear. It enables HNWIs to access a wider range of domestic and international opportunities and provides them with greater social and economic security. It also gives higher levels of freedom, such as visa-free travel, helping to open a bank account overseas, and adding privacy when doing business.
The combination of these benefits is priceless, and for high net worth individuals seeking a second identity, now is the time to act.
Three generations are allowed to accompany them, family reunion is very friendly, it can be handled online at present, the fastest 45 days approval, no immigration supervision, safer, more convenient and efficient.