It is possible to have a second passport, especially if you -as a Middle East citizen- are looking for new opportunities.

Let’s talk about some of the advantages of acquiring a second passport for middle east citizens.

More access to countries without a visa: Many Middle East passports are seriously limited. A new passport can give you the option of travelling to hundreds of nations without needing to apply for a visa, no matter how many times you need to.

More business opportunities: being the owner of a second passport will allow you to take advantage of the economic openness of many countries. Numerous nations have limitations set up concerning foreign people, yet as a second passport owner, you will be allowed to do business as a citizen. This is particularly evident if you acquire an EU passport, for example.

Fewer Taxes: If your main reason to get a second passport for the Middle East is to have or to make new business, this is for you. Most CBI programs offer attractive tax terms and many of these countries, such as Grenada, have territorial tax systems.

Less risk: As the market rises and falls, and the political decisions around the world are becoming more dangerous, a second passport can bring you the security for both your business and your family. With a second passport, you will be able to rapidly move your organization and even your family whenever there's any hint of financial or political disturbance.

Secure a steady future for your family: A second passport enables you to bring your family up in a more worldwide setting. You will have the option to send your kids to the top worldwide schools abroad and have access to some of the best offshore financial services in the world.

Seems great, right? Now let’s talk about the options to get one:

Citizenship by investment

By a long shot the simplest, quickest, and most regular technique that high net worth individuals use to obtain a second passport is the CBI. One of the best second passport for middle east options is the Turkish CBI program, if you don´t want to face a significant cultural change.

Turkey has the best of two worlds: an ancient culture and a modern, open society.

Some of the benefits will be:

Commercial bridge: Turkish citizenship will allow you to enter 110 countries around the world without the need to apply for a visa. In turn, it is one of the countries with commercial relations with the United States that allow the E-2 investment visa to its citizens. If you want to do business in the US, Turkey will open its doors for you.

Double nationality: You can maintain your current citizenship, while also acquiring Turkish citizenship.

Good price: The ease of acquisition is one of the advantages that Turkish citizenship offers you. You have many ways to get it starting at just $ 250,000.

However, if you’re looking to seriously improve your lifestyle and want the passport to do business in Europe, Malta and Cyprus are the best options you have. Nevertheless, you must consider these are the two most expensive options in the market.

If you’re not actively looking to move away from the Middle East and just want the second passport as an insurance, then the Caribbean CBI programs are a good option because they are cheaper, and they offer excellent investment returns. Grenada stands out particularly because it also offers access to an E-2 visa.

Many experts agree that the Middle East will see significant growth in its CBI market. We have a worldwide network of first-level service providers that can provide the advice you need to make the best decision.

Contact us now.