Recent journalistic investigations have revealed that second passports are sometimes issued to foreign investors who have legal problems in their home countries. Under the pressure from the international authorities, the Governments of Vanuatu, Montenegro, and Cyprus are revisiting the passport issuance cases and revoking some passports that have been issued to foreign investors by mistake.
Investing in a piece of offshore property can be a wise decision from the viewpoint of geographical asset diversification. People buy property abroad for various reasons: some want to relocate to a foreign country, others want to go there on vacations, still others purchase commercial property and start a foreign business. Whatever your main goal is, purchase of offshore property is a practical task that needs to be approached with care. Professional assistance in the matter will certainly come in handy.
