Should you become a dual citizen? What are the benefits?

The way we see it at Nomad Capitalist is that it could be a great backup plan, even if you are not planning on moving or working somewhere else because it's always important to have numerous options to choose from.

Having dual citizenship is a great financial strategy for tax reduction and offshore investments, as well as for taking advantage of social services in, e.g. Europe or Canada.

Also, holding a second passport may give you more freedom to travel and an opportunity to live in some other place, occasionally or full-time.

So, start building your global citizenship portfolio and enjoy all the benefits of being a dual citizen.