Since the pandemic started there has been a leap, a 192% leap, in second citizenship 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. Now, more than ever, is the time to bolster the resilience of portfolios to strengthened physical and financial longevity – and our client Huriya Private can provide the long-term strategy to achieve domicile diversification.

In our own good news, our MD Leah Tedrow moderated several panels at the DANA Accelerator Virtual Launch – a personalized acceleration program that supports women-led startups in the desert-tech sector. We'll be sharing footage from the virtual panels next week, so stayed tuned!

Now, you've heard the word 'influencer' many times over, we're sure. But do you know the astronomic figure that many influencers earn on average per sponsored post? It's eye-watering. Influencers are essentially laughing their way to the bank. Check that out in 'Shaping Tomorrow'.

Quentin Tarantino's new book Once Upon Time in Hollywood is a corker for a summer read – we found an article that highlights the key learnings from it. I.e., he doesn't like hippies...more on that in 'Diversions'.

And on that film note, Suitcase Magazine have a piece on iconic film destinations in the UK. From imposing country piles to untouched-by-time chocolate-box villages, enjoy a beautiful visual carousel...

Team E.

Domicile Diversification:How Investor Citizens Are Surviving in COVID-19

The world has experienced unexpected volatility in light of the global pandemic, which has shaken up the citizenship by investment industry significantly. The uncertainty has only continued into 2021 and has affected people’s decisions about where they ‘choose’ to live. Now, this level of instability driven by COVID-19, has led to a spike in affluent entrepreneurs and international investors diversifying their domicile portfolios through residence and second citizenship investment in a bid to overcome the limitations and risks of being restricted to a single residence.

Despite borders creating barriers in a pandemic world, the right to freedom of movement is a fundamental right preserved in the laws and constitutions of most countries – and yet despite the pandemic, these states are not rejecting dual citizenship acceptance. According to recent research, there has been a 32% increase in the daily average number of enquiries compared to the first six months of 2020. John Hanafin, CEO for Huriya Private concurred with the research with the traction they’ve been seeing in the market.

“We’ve seen a huge upsurge in clients coming to us looking for secondary citizenship and investment opportunities this year. People are looking at the most practical options for both investment and the flexibility of living abroad in structures that make sense for both their lifestyle and portfolio needs, in places that offer incentives and sensible returns. As a multi-family office, we’ve been helping our clients find the right solutions and then take care of everything to make it happen for them as quickly and efficiently as possible. The pandemic has accelerated this market beyond expectation.”

SHAPING TOMORROW

We’re always on the look out for dynamic change makers, disruptors and new information to fuel our own dexterity and creativity. So, this section sees a few of our recent picks on how the world’s outlook is changing. We hope these little nuggets will help you land on that 'aha!' moment you were looking for!

OUR DIVERSIONS

We know everyone says it's not all work, it's about play, too – and as much as we don't want to sound like a broken record, there is truth in the truism. Like we said earlier, we are all about ingesting the complex and the trivial in equal measure. In fact, we love nothing more than thinking deeply about the more 'playful' things in life. Read ' em and ponder away.

TODAY'S QUOTE

Ok, so you have the assets, now you have to put in the effort if you want to yield results.

THE OUTLOOK

We told you we buck trends. Winter aspirations in summer? Why not?