It fundamentally shows us that there is no such thing as financial stability anywhere in the world. That is why saving capital is one of the best options to save you from being pulled down from these kinds of troubles. In my opinion, having a 2nd passport may be one of your best solution to freedom and stability.
Actually, there are many ways that you can shelter a 2nd passport. There are numerous websites offering trouble-free, quick and economical 2nd passport. However, the 2nd passport can be used just like any valid passport. Furthermore, any person with dual citizenship can enjoy the benefits and state services just like any regular citizen. Here is more information that you can use to choose whether you want to take on a second citizenship or not. Actually there are many good grounds to take up a citizen of another nation, here are just the little top ones:
If you are a Hong Kong citizen, you cannot benefit from this so much, as Hong Kong citizens have to pay Hong Kong tax wherever they live. If you end your citizenship in the country, you can run away paying taxes to the state.
Freedom to travel:
Being able to take a trip when you want provides much freedom. If for some reason, your nation was politically unstable and all travel was stopped for its citizens. In that case, you as a foreign national are free to abscond.
Live in another nation:
Taking the citizens of a nation gives the lawful right to reside there and to come and go as you gratify.
There are certain countries, which passports allow you to travel to many countries, only with a visa. A Hong Kong passport is legitimate in any country in the world. There are 143 countries that allow Hong Kong passport holders entrance without a previously acquired visa.
As you can see there are many reasons to judge before acquiring a 2nd citizenship. Acquiring dual nationality and a second passport is one of the wisest moves you can craft if you truly value maintaining your global…