1 Day
Source:
Los Angeles Times
Wealthy Californians Pursue Overseas Residency
Wealthy Californians increasingly seek residency outside the U.S. through “golden visa” programs, investing millions in countries like Portugal, Malta, and New Zealand to secure second passports and alternative residences. Motivated mainly by fears of political instability, they view these options as protections and lifestyle enhancements, such as easier travel and lower education costs. Many of these individuals, including families and high-net-worth entrepreneurs, do not plan to immediately relocate but consider these residencies as an insurance policy for the future.
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