Why Wealthy GCC Families Are Exploring Second Passports in 2025
- Varisha
- Jun 28
- 1 min read
Second passports are no longer about luxury—they’re strategic assets. For many ultra-high-net-worth (UHNWI) families in the GCC, getting a second citizenship offers golden flexibility during uncertain times.
What’s Driving the Rush
Global wealth migration: About 142,000 millionaires are expected to relocate in 2025
UK exodus: A projected 16,500 millionaires are leaving the UK for more favorable tax and residency regimes, with nearly 9,800 likely to land in the UAE
Top Passport Picks for GCC Investors
Caribbean programs (Dominica, St. Kitts & Nevis, etc.): Citizenship for $100–250k with minimal residency requirements
EU options (Portugal, Greece): Golden visas via real estate that can lead to citizenship after 5–7 years
UAE window: While no formal “passport by investment,” exceptional nominees receive citizenship, estimated under 100 passports granted so far
What UHNWI Should Ask Themselves
Residency vs. Citizenship: Residency (Golden Visa) works for business and mobility; full citizenship offers deeper protections and rights.
Timing and process: Caribbean ≈1 month; EU ≈5–7 years; UAE is highly discretionary and exclusive.
Family coverage: Surety of multigenerational status and freedom to include family members.
These programs are tools for financial security, global mobility, and legacy planning—not just lifestyle upgrades.
Need help choosing the right passport path? Consider what comfort, access, and protection mean for your family’s future.
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