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Is First Really First, or Can Second be Your Saving Grace in Times of Trouble

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Is First Really First, or Can Second be Your Saving Grace in Times of Trouble

Is First Really First, or Can Second be Your Saving Grace in Times of Trouble

Often when we realise that our second choices prove critical, we see it as a sign of brilliant foresight and diligent planning.  So, my question is, why do the majority of people never seriously plan for a life or business strategy that exists outside the country that they currently live and work in?

Imagine in this turbulent and often unfair world, systems, and society, which have always been loyal and beneficial to you, suddenly reverse.  This could be due to anything from a new government imposing taxes specifically aimed at the wealthy, their family, or their businesses, to a personโ€™s ideas and thoughts now going against a new society norm (Cancellation Culture). 

This used to be the main concern of those who were politically exposed.  However, in this ever-changing world of social media, alternative political and social movements.  It seems more people with different views or lifestyles are being affected.  Every day we are seeing more cases where individuals are becoming social pariahs over innocent and honestly held views or opinions.  This is especially prevalent in the world of business, entertainment, sports, TV commentators, the film industry, and all other areas where people often publicly need to express opinions.  It is making for a world where people can no longer express their true opinion publicly.

In most cases, people who are suffering from this modern day โ€œCancellationโ€ phenomena, simply have a different opinion.  As a result, a person and by extension their family or business can be thrown into a state of emergency which causes huge disruptions in their daily life, often pushing people into states of mental unwellness. 

We are seeing banks close accounts, new banks refuse business, disruptions to trade and social attacks on friends and family.  In most cases, it is unfounded, and groups spread biased opinions through social media. 

In some countries where the political spectrum suddenly takes a swing to extremism, we see higher rates of tax for the private individuals, businesses and the implementation of a general wealth tax, as new governments try to establish their agenda by attacking the wealth of a select few.

It is at this time that people wish they had planned for their future and developed a plan of โ€œSecondsโ€.  You can take a number of simple steps to help you, with very little disruption to normal life. 

  • Take up a Second residency or business domicile.
  • Obtain a Second citizenship and passport for their family.
  • Establish a Second banking or investment trading relationship outside the home country.
  • Establish a Second trading platform that could be migrated to should the worst happen.

Individuals, businesses, and families can consider adding one or more of the above strategies to run alongside their existing wealth strategy, with little or no adverse impact on their existing lives.  In fact, having all your assets under the roof of one country or state is now seen as not a very prudent strategy, especially as there are many countries out there that will welcome new residents with open arms.

Therefore, it is time to start understanding that Second can really be the new First.

NG Global Citizens can help individuals and families obtain Second residencies and citizenships for the following countries.  NG Global Citizens also introduce clients to their Trusted Partner Network that can help find the perfect lawyer, investment fund, tax professional, realtor, bank and even moving company:

The programs that we are currently support and available:

Residency by Investment

  • Greece
  • Cyprus
  • Portugal
  • Malta
  • Turkey
  • USA (EB-5 visa)
  • USA (E-2 visa)

Citizenship by Investment

  • Grenada
  • Dominica
  • St Lucia
  • Malta
  • Turkey
  • St Kitts & Nevis
  • Antigua & Barbuda

It's crucial to recognize that we live in an ever-evolving world, where the unexpected can suddenly become our reality. As such, having a 'Second' plan isn't merely a safety net anymore; it's a necessity. NG Global Citizensโ€™s team is dedicated to helping individuals and families navigate these complexities and uncertainties, also provide tailored solutions to secure a second residency, citizenship, banking relationships or business domicile, ensuring you're always prepared, no matter what life throws at you. Remember, in this unpredictable world, 'Second' might just be your new 'First'."

This article was contributed by [Graham Sutcliffe BA (Hons) FCCA], a Co-founder of - NG Global Citizens (a 20-year veteran of the international Trust world) and specializes in helping clients and their families navigate the often-turbulent waters of making these changes.  We specialize in working with clients and their advisors to select the right mix of what should be included in their safety wealth strategy.  We help find them the right Investment, Realtor, Lawyer and Tax Professional so as to ensure a successful and efficient execution of the plan through our network of international Trusted Partners.

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