High-net-worth Americans and Canadians are increasingly building global Plan B structures to protect assets, lifestyle, and future mobility.
• U.S.-Canadian dual citizens with ~$10M net worth are seeking diversified investments and residency options without renouncing citizenship due to exit taxes and business/family ties. • Switzerland is selected for private banking and wealth management, including crypto-friendly accounts; Liechtenstein also noted. U.S. citizens face limited banking options without renunciation. • Greece Golden Visa obtained via $950,000 property allows residency and Schengen travel, combined with a lump-sum tax of €100,000/year for non-U.S. residents. • Serbia offers real estate investments of $300,000–$500,000, with potential citizenship by merit and business opportunities. Albania and Malta provide similar citizenship or residency programs; Austria requires €3–5M investment for citizenship by merit. • Latin America options include Argentina, Chile (residency via $500,000 property), Paraguay, and Mexico permanent residency; Philippines also considered for English-speaking retirement options. • Strategy emphasizes multiple residencies, potential citizenships, property ownership, and banking outside North America as safeguards against U.S./Canadian taxation, regulation, or geopolitical risks.
Takeaway: Wealthy North Americans can protect and diversify assets by combining European, South American, and Asian residencies, citizenships, and banking to create a flexible, globally mobile Plan B.
