Portfolio and Domicile Diversification

Globalisation has blurred all boundaries. Ideas flow across borders as if they don’t exist. Meanwhile, phenomena like global climate change and the pandemic have demonstrated that all of us must shift from a national to a global identity. Today’s UHNWI has a greater opportunity and responsibility to become more fluidic in their thinking and actions. And they need passports and portfolios that mirror this fluidit.

That’s why a growing number of UHNWIs are now seeking Residence-by-Investment and Citizenship-by-Investment advisory services. They are realising that having a single alternative residence or citizenship is no longer sufficient. What they need are mechanisms to protect them from cascading volatility. They can attain this safe space by diversifying both their investments and their domiciles across the world.

By participating in various national investment migration programs – which are linked to residency options – UHNWIs not only get diversified domiciles for the entire family, they also get the added benefit of spreading investment risks across geographies. No matter which part of the world is experiencing social, political or economic upheaval, only a small part of their portfolios will report losses. This is the ultimate form of futureproofing that UHNWI families can enjoy.