Uncertainty over the direction in which Donald Trump is about to take America is expected to result in a spike in wealthy U.S. citizens looking for alternative residence and citizenship.
Investment immigration is a thriving industry in the Caribbean and Europe, with multiple options for high net worth candidates looking for back-up passports, or a way of accessing the European Union or the U.S.
Now it appears Americans themselves could become key candidates for programs, some of which can provide a second passport in just a few months provided all the requirements are met.
As Americans crashed the Canadian government immigration website during Trump's surge to victory on Tuesday night, there was also a spike in interest for the world's investment programs. The last time such a spike was seen came when George W. Bush won re-election 12 years ago in 2004.
Back then, there were only a limited number of investment programs available, concentrated in Caribbean countries whose passports offer visa-free access to the likes of the U.S. and the E.U.
However, in 2016 the options are certainly more wide-ranging, mainly because countries formed programs to help pull their economies out of trouble during the global financial crisis.
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The content of this article reflects the personal insight of Attorney Colin Singer and needs no disclaimer.
