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For all parents, providing your children with a quality education is a priority. Many parents who reside in nations with poor education standards are forced to send their children overseas at a young age in search of a high-quality education.
Top psychotherapist, Joy Schaverien commented that ‘being sent away for an education can be seriously damaging for mental health’.
For parents who wish to live with their children through their education, acquiring a new citizenship can often solve this issue.
Many countries have aggressive tax regimes whereby citizens are taxed irrespective of where they live in the world. Examples of this form of taxation include the US, South Africa and Eritrea. By acquiring a new citizenship and financially emigrating from another country, taxes like this can be mitigated. Certain estate taxes can also be mitigated by changing citizenship.
For those approaching retirement, living in a country with high-quality healthcare is a must. By acquiring a new residency or citizenship, in a European country, clients are often able to benefit from world-leading health care which is free at the point of use. Many of the world’s best private medical institutions are also an option in countries throughout Europe and North America.