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Your ability to obtain a second passport and citizenship is an important benefit, thanks to your family tree and recent ancestors. So-called “citizenship by descent” laws in your ancestors’ country of origin may qualify you for a second citizenship and a passport as a matter of right. A second passport also grants the right to live, work, and do business in the country. It might be the ideal place for a second or retirement home...
There are many good reasons to acquire dual citizenship, and with it, a second passport. But just what does the phrase “dual citizenship” mean? Dual nationality or dual citizenship simply means that a person legally is a citizen of two countries at the same time...
Your great-great-great-grandparents (may they rest in peace) could be about to hand you citizenship in Europe…and, with it, the legal freedom to live and do business in any of the 28 countries of the European Union. Your family tree could hold the key to opening a path to second citizenship for you and your family, especially in Europe. There, several countries will grant citizenship to you based on ancestry.
Down through history, whenever a major war or other calamity has threatened, ever-greater hoards of foreign cash have flowed into Swiss bank accounts because the world knows Switzerland traditionally stands for safety.