Why Iranian Nationals are turning to a Second Passport?

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Iranian National Buying Second Passport
Iranian National Buying Second Passport

With current political scenario in the Middle East, plenty of rich Iranians are opting for a second passport or permanent residency in the other country to enjoy safe and secure future for their family.

The main reason that Iranian Passport holders are seeking second citizenship or residency is the visa restriction. The Iranian citizens have access to 38 countries visa-free or visa on arrival. Due to this restriction to travel driven many wealth Iranian citizens to obtain second citizenship or residency in other parts of the world.

A Second Passport provides their family access to world education and health care system and even presents new directions to their global business ventures. Second citizenship act as the investment in lifestyle and as the global insurance policy for wealthy investors.

According to latest updates “Worldwide, the number of applications for Dual citizenship has increased three times since 2010. And due to increased political conflicts more and more Iranian nationals have been seeking available options for citizenship by investment. According to stats, for the Commonwealth of Dominica Citizenship by Investment Program Iranian nationals are the 3rd largest in the number worldwide.”

The Commonwealth of Dominica Citizenship by Investment Program is highly reputed and considered as one of the easiest and cheapest second citizenship program available. The minimum investment option is $100,000 to the Government of Dominica for the single applicant.

With Dominica Passport one can travel more than 120 countries including UK & Schengen. There are other Caribbean countries such as Antigua & Barbuda, Saint Lucia and the Saint & Kitts which offer Citizenship by investment programs for a slightly different price.

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