Billionaires Hedge By Securing Second Passports and Global Residencies
Ultra-wealthy individuals are increasingly pursuing second citizenships and residency programs as contingency planning against geopolitical upheaval and travel disruptions. Peter Thiel has relocated temporarily to Argentina, while Europe remains a popular hub for US investors; options include Malta’s merit-based path, St. Kitts and Nevis, Antigua and Barbuda, New Zealand, and Austria, reflecting a trend toward diversification and future-generation optionality.