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