Wealthy Americans Increasingly Seek Second Citizenship Amid Uncertainty

Growing numbers of affluent U.S. citizens are acquiring second passports to hedge against social and political instability at home.

Wealthy Americans are building 'passport portfolios' to secure a safe exit if needed, with popular destinations including Portugal, Malta, Greece, Italy, and New Zealand.
Henley & Partners, a law firm specializing in high-net-worth citizenships, reports a surge in American clients seeking alternative residencies or citizenships.
Golden Visa programs in countries like Portugal and Malta offer residency and potential citizenship through investment, attracting U.S. investors.
Concerns over U.S. sociopolitical climate and global instability are driving the trend, with some seeking safer, less conspicuous travel options with non-U.S. passports.
Despite the trend, the U.S. remains a top destination for global millionaires, indicating its continued appeal for wealth creation.