Golden visas are ‘the tip of the iceberg’ for the ultra-wealthy

Ultra-rich individuals are still demanding golden visas and second passports. It’s not ending anytime soon, either, says a new report. Sean De Burca—Getty Images

What’s better than one passport? Twoooo passports (read to the tune of the viral TikTok video).

As remote work opened up the doors for workcations and alternative lifestyles, location mobility has become all the rage for people looking to get out of the country. Some of the ultrawealthy among them have been investing in a “golden visa,” a program in which purchasing a second home in a different country entitles buyers to a second passport or a pathway to citizenship.  

And it looks like that demand isn’t ending anytime soon: 13% of ultra-high-net-worth (UHNW) individuals are looking to get a second passport or citizenship, according to Knight Frank’s 17th annual…