Second passport has become one of the most preferred asset class for HNIs and UHNIs to achieve their financial and non-financial goals.

Here are some of the major reasons for HNIs to invest in a second passport.

Children’s education & future

The cost of education is very high in many foreign countries. Many parents obtain residency and citizenship of these countries so that their children can avail of several benefits such as: reduced tuition fees, easy on-campus recruitment, possibility to work during and after study period, starting their own business, including a Start Up.

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Expansion of business

Many business persons wish to travel hassle-free in and out of India to their preferred destinations for business expansion, collaborations, forming alliances or bringing in new technology to India. A second passport makes this possible.

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Visa free travel

Persons who travel abroad frequently for work or pleasure obtain citizenship of certain countries (especially Caribbean countries) that do not require physical stay but provide a foreign passport, enabling them to travel visa free to more than 130+ countries around the world.

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Better quality of life

Many HNIs wish to live the same quality of life as people in the western world. By purchasing their own real estate in countries they wish to live in or visit frequently, they make this possible.

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Wealth management & diversification of portfolio

Savvy investors and HNIs who wish to explore global stock markets and alternative asset classes opt for a second passport or residency of another country.

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Reunion with family

Persons living abroad make an investment on behalf of their relatives back home (e.g. EB-5 USA visa), enabling them to immigrate to a foreign country.

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Retiring abroad

Many individuals move to another country to retire in a country of their choice and thus enjoy the best of both worlds.

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NRI status

There are many benefits associated with being a NRI, including many tax exemptions.

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Tax planning

HNIs obtain a second passport or residency of another country in order to reduce their tax liabilities.

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Political reasons

Political instability in one’s home country can force people to move to another for safety and security.

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Our network of associates include top lawyers, developers and professionals from around the globe who can provide you with the world’s best passport and residency solutions.

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Ajmera Corporate services Pvt. Ltd. (ACS).Is founded and promoted by an Indian Lawyer, who is exempt from SEBI registration as an Investment Advisors under Section 4 (e)   of the SECURITIES AND EXCHANGE BOARD OF INDIA (INVESTMENT ADVISERS) REGULATIONS, 2013.

 

AjmeraCapital.com is an online web site / domain/platform of Ajmera Corporate Services Pvt. Ltd.

Ajmera Capita web site is a portal created to provide information for general purpose for investors who wish make investment outside Indian for verity of reasons or from their home country and giving them some of the most likely reason(s) for investing globally and related matters.

ACS is not involved in providing any information, advise or execution of any financial product or services which is related Indian stock market, financial market, insurance, Mutual fund and such other investment products of India.

ACS provides global investment advisory information and referral services in several assets class by associating and collaborating with their various intermediaries, partners and/or professionals who are licenced and regulated in their respective jurisdiction.

Global Investment could be very complex process and have tax implication in both countries and investors should seek advisefrom  licensed and regulated tax advisors and/or professionals in their respective countries.

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