Countries involved - including Portugal, Malta, New Zealand and Austria offer citizenship or visas that lead to citizenship in return for heavy investment in the host national, and a visit of just a few days there each year.
In Lisbon, Hadlock runs get-togethers to develop business ties between California and
Portugal. The group calls itself Red Bridge, in a nod to the red suspension bridges spanning San Francisco Bay and the Tagus estuary.
"They really want to come and live here and adopt a different lifestyle," she said, even though the introduction of the golden visa scheme in 2012 has contributed to an unwelcome surge in property prices.
Latitude Residency & Citizenship and Dasein Advisors, two other citizenship firms, said they too have seen more inquiries from American clients over the past three years than in the previous 20 combined.
Soaring numbers of wealthy Americans are buying 'golden passports' that grant them citizenship to New Zealand, Portugal and other 'safe' countries over fears of impending civil war in their home country.
This year Americans are jostling with the Chinese for top spot among overseas investors lured by Portugal's "golden visas" -- residents permits issued for foreigners prepared to buy property or transfer capital to the Iberian country.
Other issues said to have seen the demand for foreign passports spike include the likely end of Roe V Wade, which legalized abortion across the US, Florida's Parental Rights in Education Bill - better known as the Don't Say Gay Bill, as well as fears for the future of
America's democracy following the Black Lives Matter and January 6 riots. When you loved this informative article as well as you wish to acquire guidance about
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Henley & Partners, a firm that helps the wealthy shop around for citizenship across the globe, said sales to American nationals worth between $50 million and $20 billion have shot up more than 337 percent since 2019, Business Insider reported.
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