AsiaNet 88358

LONDON, March 9, 2021, /PRNewswire=KYODO JBN/--

The significant global volatility driven by Covid-19 has led to a spike in

affluent entrepreneurs and international investors building geographically

diversified domicile portfolios through residence- and

citizenship-by-investment in a bid to overcome the limitations and risks of

being restricted to a single residence.

In the past eight months, Henley & Partners [https://www.henleyglobal.com/ ]

has seen a 32% increase in the daily average number of enquiries compared to

the first six months of 2020. The shifts in the predominant nationalities who

are interested in investment migration are eye opening — with the most

astonishing being a 192% leap in enquiries from US citizens in 2020 compared to

the previous year. Enquiries from Canadians are up 34%, and there have been 29%

and 26% more enquiries from UK and French nationals, respectively.

Dr. Juerg Steffen

[https://www.henleyglobal.com/about/key-people/dr-juerg-steffen ], CEO of

Henley & Partners, says ultra-high-net-worth individuals from the world's most

advanced economies are opting for an integrated investment migration portfolio

of complementary citizenship and residence options to create optimal value and

mitigate risk in terms of where they and their families can live, work, study,

and invest. "It's a classic case of not putting all your eggs in one basket.

The majority of program options include the whole family, and many extend to

parents and even to grandparents and siblings. The more jurisdictions you can

access, the more diversified your assets and opportunities, and the lower your

exposure to country-specific risks such as poor health security, increased tax

rates or unexpected policy changes."

The growing interest in securing a suite of domicile options to improve the

resilience of portfolios and ensure physical and financial longevity and legacy

in the wake of the pandemic is a world-wide phenomenon, according to Dominic

Volek [https://www.henleyglobal.com/about/key-people/dominic-volek ], Group

Head of Private Clients at Henley & Partners. "This is about taking a truly

global perspective, and the best way to do that is to have a diversified

portfolio — a range of locations where you, your family and extended family,

and your assets can be based, giving you alternative business, career,

educational, healthcare, and lifestyle opportunities on a worldwide scale."

"There are many options that cater for large, multi-generational families who

don't necessarily want or need to be in the same location. For example, a

successful tech entrepreneur could apply for Australia's Global Talent

Independent Visa [https://www.henleyglobal.com/residence-investment/Australia ]

to obtain permanent residence there. The children have their sights set on

studying in Europe or the UK, so they also apply for the UK Investor

Immigration Program

[https://www.henleyglobal.com/residence-investment/united-kingdom ] or the

Portugal Golden Residence Permit Program

[https://www.henleyglobal.com/residence-investment/Portugal ]. The retired

parents, on the other hand, would prefer to spend time in Thailand, so they

could apply for the Thailand Elite Residence Program

[https://www.henleyglobal.com/residence-investment/Thailand ], which has an

option that includes multiple dependents. Covid-19 has reminded us that we need

to take a long-term strategic approach, not make a mad dash to the emergency

exit when things go wrong in our current place of residence."

Media Contact:

Paddy Blewer

Head of Communications

paddy.blewer@henleyglobal.com

SOURCE: Henley & Partners