Investors seek a second option as their own governments become more unpredictable. Some may want to evade taxes, as the article below suggests. But having a second passport is actually not very useful for that.
(From The Guardian)
A blacklist of 21 countries whose so-called “golden passport” schemes threaten international efforts to combat tax evasion has been published by the west’s leading economic thinktank.
Three European countries – Malta, Monaco and Cyprus – are among those nations flagged as operating high-risk schemes that sell either residency or citizenship in a report released on Tuesday by the Organisation for Economic Cooperation and Development.