“I didn’t do it as a status symbol. I did it because having a second passport is the ultimate insurance policy. It ensures that no matter what, you always have a place to go. To live. To work. To do business. To retire. And in some cases, even seek refuge. It also allows you more banking options, so you can move money out of your home jurisdiction (protecting your friends from frivolous lawsuits and overreaching governments). And even if you never end up needing or using your second passport, you will never be worse off for acquiring one.”
Read more: https://www.sovereignman.com/international-diversification-strategies/second-passports-now-a-trophy-for-the-ultra-wealthy-24001/