Extremely wealthy people spend up to $ 23 million to buy secondary citizenship in a foreign company, reports Bloomberg.
For some, a second passport is a status symbol. For others, it's a matter of security and opportunity.
Yachts, sports cars and sprawling homes have long been the status symbols of the ultra-rich, but in recent years, a new insignia of wealth has appeared among the 1%.
Billionaires and millionaires flock to secure not only second homes abroad – but also citizenship.
According to a new Bloomberg report, the rich spend up to $ 23 million to obtain citizenship in another country.
CONNECTION: Take a look at the richest princesses in the world:
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12 Wealthiest Princesses in the World
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12. Princess Beatrice of York
Net Worth: $ 5 Million Country: England
Princess Beatrice is the eldest daughter of the Duke of York and Sarah, Duchess of York, and one of the Queen's grandchildren from England. Princess Beatrice is seventh in the line of succession to the throne. She is the first member of the Royal Family to complete the London Marathon and works full-time in business
With the Queen's Wealth, it's not surprising to see many of her family members on this list. . Princess Eugenie of York
Net Worth: $ 5 million Country: England
Princess Eugenie is the youngest daughter of the Duke of York and Sarah, Duchess from York, and is the queen of the granddaughter of England. She is eighth in line for the throne. Eugenie is engaged to nightclub director Jack Brooksbank, and they are getting married in what will surely be an expensive royal wedding in the fall of 2018, reports People.
10. Crown Princess Victoria
Net Worth: $ 10 Million Country: Sweden
Victoria, Crown Princess of Sweden, is the eldest daughter of the King and Queen of Sweden. She will be the first female Swedish chief of state of the Bernadotte dynasty. Victoria married Daniel Westling in 2010, and they have two children together.
9. Kate Middleton
Net Worth: $ 10 Million Country: England
Princess Kate, aka Catherine, Duchess of Cambridge, married Prince William in 2011 at the Abbey of Westminster. They have two children together, and she announced her pregnancy with her third child in September 2017. Prior to being royal, Middleton worked for her parents' holiday supply company.
8. Princess Madeleine
Net Worth: $ 10 Million Country: Sweden
Princess Madeleine is the youngest daughter of the King and Queen of Sweden. She currently resides in London, where her husband Chris O Neill works as managing director of Wilton Payments Limited. Madeleine announced in August 2017 that she was pregnant with her third child, reports People.
7. Princess Sofia
Net Worth: $ 10 million (based on the net worth of Prince Carl Philip) Country: Sweden
Princess Sofia is the wife of Prince Carl Philip. Sofia was well known in Sweden even before she became royal because of her modeling career and reality star. Sofia and Carl Philip have two children together.
6. Princess Anne
Net Worth: $ 30 Million Country: England
Princess Anne is the only daughter of the Queen of England and is currently 12th in line on the throne . Anne, whose full title is Princess Royal, is married to Sir Timothy Laurence, a retired British naval officer. Anne participated in the Olympic Games in 1976 as a rider.
5. Caroline, Princess of Hanover
Net worth: $ 100 million Country: Monaco
Caroline, Princess of Hanover, also known as Princess Caroline of Monaco, is the eldest daughter Grace Kelly and Prince Rainier. Caroline studied philosophy at the Sorbonne in Paris and she is married three times. Her current husband is Prince Ernst August of Hanover.
4. Princess Stephanie
Net Worth: $ 100 Million Country: Monaco
Princess Stephanie is the youngest child of Grace Kelly and Prince Rainier. She was scrutinized for several of her romantic relationships, reports People, including her first marriage with her bodyguard Daniel Ducret, who was already a son's father, and a relationship with the coach. elephants married Franco Knie. In the 80s, Stephanie pursued modeling and singing careers.
3. Princess Charlene
Net Worth: $ 150 Million Country: Monaco
Charlene Wittstock is a former Olympic swimmer who met her husband Prince Albert at an international swimming competition at Monaco. They were married in 2011. According to her official biography, her hobbies include surfing and hiking
2. Princess Gesine
Net Worth: $ 1.05 Billion Country: Italy
Princess Gesine and her brother Prince Jonathan Doria Pamphilj were adopted as orphans by an Italian princess, Orietta Doria Pamphilj, Principessa di Melfi, and were raised in the Palazzo Doria in Rome, according to Vanity Fair. In 2000, Gesine and Jonathan inherited the royal estate after the death of their mother.
1. Princess Charlotte
Net worth: $ 4.2 billion (depending on the value of the British economy) Country: England
Princess Charlotte may not have not even 3 years, but it is already worth billions Claire UK reported. The daughter of Prince William and Kate Middleton was an influential from birth: the GH Hurt & Sons shawl that she wrapped in her first public appearance immediately sold. And according to Brand Finance, we do not expect her influence to grow as she ages.
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There are only a handful of countries in the world that allow prospective residents to buy citizenship. Among them is Austria, which gets $ 23 million for its citizenship; Malta, which costs about $ 1 million; and Caribbean islands such as Saint Lucia, Dominica and Antigua and Barbuda, which cost the least $ 100,000 each.
For some, the purchase of a secondary passport is another way to flaunt extreme wealth. But for others, the purchase of a multi-million dollar citizenship is a safety measure.
In an interview with Hillary Hoffower of Business Insider earlier this month, the president of the financial firm Apex Capital Partners, Nuri Katz, suggested that the passport's trend is to capitalize on the opportunity: "It provides a certain freedom that some citizens of some countries do not have, it's a freedom of movement."
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