All NewsEducationTV
Equities & FundsCrypto & Digital AssetsAI & TechnologyBusiness & CorporateUS Politics & PolicyGeopolitics & Global RiskMacro, Rates & FXCommodities & EnergyEuropean Politics & MarketsAsia-PacificReal Estate & Property
Story archiveAll categories
← All Stories

Golden visa firm sees rise in middle-class Americans seeking second passports

Created at 14 Aug · 4:31 PM1 source↑ Market-relevant
IN SHORT

Immigrant Invest, a citizenship-by-investment consultancy, reports a significant increase in consultations from salaried professionals and retirees in the US seeking second passports. This demographic now accounts for 25% of their US calls, up from 15% in 2025, indicating a shift in the market beyond the ultra-wealthy.

✉Newsletter

PiQ Daily

Pick your topics. Get only what matters, on your cadence.

Key Numbers

25%salaried professionals and retirees in US consultations
15%salaried professionals and retirees in US consultations in 2025
450consultation calls analyzed by Immigrant Invest
January to July 2026analysis period for Immigrant Invest data
2025comparison year for Immigrant Invest data
50%traditional clientele share in 2026
40%traditional clientele share in 2025
$235,000minimum donation for Grenada citizenship
$270,000minimum real estate investment for Grenada citizenship
$250,000minimum contribution for St. Kitts and Nevis citizenship
$325,000minimum real estate investment for St. Kitts and Nevis citizenship
$90,000starting cost for São Tomé and Príncipe citizenship
$130,000
starting cost for Vanuatu citizenship
2026year of Henley & Partners report
2025year of demand increase for US clients
2021year Americans showed little interest in programs
28%US-based client share of consultations in any given month

Who's Involved

Immigrant Invest
Malta-based citizenship-by-investment consultancy
Peter Thiel
Billionaire who sought additional passports and residences
Pavel Reshetnikov
Consultant at Immigrant Invest
Henley & Partners
Global citizenship-by-investment advisory firm
Basil Mohr-Elzeki
Head of Private Clients in the Americas at Henley & Partners
Aleksandr Razinkov
Handles press relations for Immigrant Invest
Donald Trump
President of the United States
Golden visa firm sees rise in middle-class Americans seeking second passports

↳ Why This Matters

The increasing interest in second passports among middle-class Americans suggests a growing desire for financial and personal security amidst domestic political division and global uncertainty, potentially impacting migration patterns and the investment migration industry.

Key facts

  • Immigrant Invest, a citizenship-by-investment firm, has seen a rise in middle-class Americans seeking second passports.
  • Salaried professionals and retirees now make up 25% of the firm's US consultation calls, an increase from 15% in 2025.
  • The proportion of ultra-wealthy investors, entrepreneurs, and business owners in US consultations has decreased.
  • Popular citizenship programs for US clients include those in Grenada and St. Kitts and Nevis, with costs starting in the low six figures.
  • Cheaper options are available, such as programs in São Tomé and Príncipe starting at $90,000 and Vanuatu at $130,000.
  • Demand from US clients for citizenship-by-investment programs nearly doubled in 2025, according to Henley & Partners.

Buying second passports, once a pursuit primarily for the ultra-wealthy, is increasingly becoming an option for middle-class Americans, according to investment migration firm Immigrant Invest. The firm's data shows that salaried professionals and retirees now account for 25% of its US consultation calls, a notable increase from approximately 15% in 2025. This growing segment includes doctors, tech workers, academics, and lawyers, as well as retirees with personal savings.

Concurrently, the share of Immigrant Invest's traditional clientele—ultra-wealthy investors, entrepreneurs, and business owners—has decreased from about 50% in 2026 to 40% in 2025. Pavel Reshetnikov, a consultant at Immigrant Invest, suggested that the stable costs of citizenship programs indicate that more Americans with savings are seeking a 'Plan B' due to heightened political division and global geopolitical volatility.

Popular choices among US clients include Caribbean citizenship-by-investment programs, such as Grenada's, which requires a donation of over $235,000 or a real estate investment exceeding $270,000, and St. Kitts and Nevis, with contributions starting at $250,000. More affordable options exist, like programs in São Tomé and Príncipe starting at $90,000 and Vanuatu at $130,000.

Henley & Partners, another major firm in the sector, reported that demand from US clients nearly doubled in 2025. The firm noted that most of these clients, who are primarily US-based Americans, are not planning an immediate move but desire the option for future flexibility. Aleksandr Razinkov of Immigrant Invest stated that clients want 'an option and insurance for the whole family to move somewhere very quickly.' This trend represents a significant shift from just five years ago when middle-class clients were rare.

Frequently asked questions

These programs allow individuals to obtain citizenship or residency in a country by making a significant financial investment, such as through real estate purchases or direct donations to the government.

The trend is attributed to a desire for a 'Plan B' or future flexibility, driven by political division in the US and global geopolitical volatility, rather than an immediate intention to leave the country.

Costs vary widely, with popular Caribbean options like Grenada and St. Kitts and Nevis requiring investments or donations starting from around $235,000 to $250,000. Cheaper alternatives exist, such as programs in São Tomé and Príncipe starting at $90,000.

What Happens Next

01Immigrant Invest will continue to monitor trends in US client demand for citizenship-by-investment programs.
02Henley & Partners will likely release further reports on global wealth migration trends.

Get the newsletter.

Pick the topics you actually care about. We'll email when there's news worth your time, on the cadence you choose. Cancel any time from your account.

Cadence

How It Developed

Immigrant Invest reports a rise in US clients seeking second passports.
Salaried professionals and retirees now comprise 25% of US consultation calls, up from 15% in 2025.
The firm's traditional ultra-wealthy clientele has decreased as a share of US consultations.
Popular options include Caribbean programs with costs over $235,000, and cheaper options in São Tomé and Príncipe starting at $90,000.
Henley & Partners reported a near doubling of demand from US clients in 2025.
Many US clients seek a 'Plan B' for future flexibility rather than immediate relocation.

Sources

T1
A golden visa firm says 'plan B' passports are going middle classBusiness Insider

Related Stories

Air Canada forecasts record September-October revenue
14 Aug · 10:04 AM
Family bankruptcy redirects Chinese student to acclaimed chef career
14 Aug · 6:06 AM
Mark Walter offered Guggenheim stake for loans, Bloomberg reports
13 Aug · 7:57 PM
BKL acquires music specialist Dales Evans to bolster entertainment sector
14 Aug · 1:10 PM
Burger King's Revamped Strategy Drives US Sales Growth
14 Aug · 11:00 AM