More South Africans are using a secondary passport to search for a likely’ plan B’ outside the country. Residence and citizenship-making plans company Henley & Partners said it obtained a 125% growth in inquiries within the second half of 2018 – compared to the same length in 2017.
“For many clients, education is a key element, with dad and mom wanting to provide their kids with the greatest education in the world,” the institution stated. “Others are not always looking to migrate; however, see a passport as a Plan B in case the political or financial future deteriorates.” Henley & Partners said that many rich locals also need greater mobility because the South African passport does not offer visa-free entry rights to many nations. “Citizenship in a secure USA, whose passport provides visa-unfastened access to many nations, is an ideal solution,” it stated. “South African HNWI comprehend that twin citizenship or residency gives greater blessings and privileges for them and their households consisting of ease of travel, security for the future and enlargement of business and banking and so forth.”
Who is leaving, and where are they going?
Henley & Partners said that most of its clients are normally male (eighty-five %), even though they have seen growth in the number of women who use these packages over the previous few years. These applicants are generally barely older (forty-five-sixty-four years of age) and are based both in Gauteng (38%) or the Western Cape (37%). They are generally self-hired or employed in an organization (forty-five), though around 10% are non-economically active.
Henley & Partners stated that many dates are for applying for European residency programs – specifically Portugal and Greece – and kinship programs from the Caribbean. South Africans have proven precise hobbies in the real property-based Portugal CBI program, Malta, Moldova, Greece, Australia, Grenada, and Cyprus. For your journey to be trouble-free, you must ensure your passport is current and in good condition. You’ll also need the right visas and documentation for all the countries you plan to visit before you go. You won’t be let in if you don’t have the right paperwork on arrival in a country!
Here’s a checklist of things to check before you go:
- First, check the expiry date on your passport before you travel. Your passport must be valid for at least six months from your return date. If you turn up at check-in with an out-of-date passport, you won’t be allowed to travel.
- Check visa requirements with your travel agent or the relevant Consulate or Embassy of the country you plan to visit.
- Ensure that the details of your next of kin on the back of the passport are up-to-date.
- Apply for your passport in good time. Once you’ve applied, allow at least four weeks for it to be ready. To be on the safe side, do not make any.