American passport fever. They want not only plan B, but also C

“Latin America has recorded the most spectacular growth,” Henderson Business Insider tells. – Compared to the level before 2020, the number of customers associated with the region has more or less doubled – he adds.

– Uruguay, Panama and now Argentina are conducting at the stake – he calculates, adding that about 10 percent The work of nomad capitalist is related to Latin American programs.

Although on a smaller scale, Asia also gains importance – it accounts for 3 to 7 percent. company's annual affairs, with demand focus on strategic hubs such as Thailand, Singapore and Cambodia. – For our clients, Asia is less a matter of volume, and more positioning in key business and investment markets – says Andrew Henderson.

Europe still remains a stable choice, responsible for about 20 percent. company's activities. Henderson also calls “stable, not explosive in Europe. He adds, however, that you can see the movement of interest towards exciting emerging markets.

See also: I visited every country in the world and gained a new perspective. I don't want to live in the USA anymore and I chose another country

Why Americans look outside Europe

According to Henderson, this change It results from a mixture of geopolitical, economic and lifestyle related factors.

Traditional safe marinas, such as Europe, lose their attractiveness due to the tightening of tax systems, more restrictive immigration principles and higher investment thresholds.

Portugal ended its tax system for non-residents last year, Great Britain liquidated the non-home system in April, and Spain officially closed the way to citizenship this year through investments in real estate.

In addition, Malta was forced to close the so -called Gold passports after the highest EU Court found him illegal, and Greece raised the investment thresholds for a golden visa in 2023 and 2024, by doubting the minimum in the most desirable places, such as Athens, Santorini and Mykonos.

In contrast, Latin America and Asia offer faster, cheaper programs with minimal presence requirements – explains Henderson, adding that customers more and more often want “better value for their money”, pointing to Lower taxes, high -quality health care and luxurious amenities available for a fraction of costs in the Western world.

Michel Soler, managing director at Latin America in Henley & Partners, mentioned lower entry thresholds, favorable tax systems and geographical proximity as the main factors for the selection of the region by the Americans.

“Costa Rica and Panama are just a direct flight from the US,” explains Soler, adding that Americans want to have options that are close, accessible and tax -friendly if they decide to move. “

Year of Costa Rica

Henley & Partners data transmitted BI show how quickly Costa Rica was promoted. In 2025 it will be the fourth most popular program for US citizens.

Applications increased by 660 percent. year on yearalthough from the low base in 2024, when the program was launched – the data showed. Inquiries from Americans in the first two quarters of 2025 were 31 percent. higher than in the last two quarters of 2024.

– Costa Rica has certainly become one of the most popular programs for US citizens this year – says soler. She meets all criteria: lower thresholds than in Europe, tax benefits, security and lifestyle that people describe as Pura Vida (from Spanish. Pure Życe – ed.) – he adds.

The Harvey Law Corporation report on Costa Rica shows that the country offers many paths:

• investor path from 150,000 hole. in qualified assets, including real estate;
• A pension path that requires $ 2,500 guaranteed monthly passive income for two years or deposit of 60,000 hole. at a local bank;
• Pensionado path at $ 1,000 per month for a pension.

Steve Corbin, Caribbean Operation Director at the Harvey Law Group in the office on Grenada, said that Latin American residencies are often chosen by Americans who are actually planning to move, and not just have a reserve option.

For “those who apply for European or Caribbean programs,” said Corbin, “This is an emergency plan.”

– Asia and Latin America are much more: “I want to move in the next 6 months,” he added.

From Virginia to Kuala Lumpur

Jerry Massey, an independent sports announcer and HR consultant from Spotsylvania, Virginia, is one of those who plan the next stage of life abroad.

Massey, a double citizen of the USA and Dominica, thanks to the citizenship program for an investment of 100,000 dol., said that Asia is now playing a big role in his future. His main choice: Kuala Lumpur in Malaysia, and Bangkok as a reserve plan.

“I like people, food and quality of life,” says Massey in an Bi conversation. – I feel much safer at the Malaysian metro station after midnight than in Washington – he adds.

– Healthcare in Kuala Lumpur is amazing – he says, adding: – Doctors are extremely professional, well educated, competent and use the latest technology.

He also added that the cost of living is lower. “You can eat a meal for a fraction of the price you would pay in the West,” he emphasizes.

New standard: many passports, many options

Massey's decision reflects a broader trend among wealthy Americans: risk diversification.

For some, it's about lower taxes or property protection. For others for lifestyle and security. And for many, that their children would inherit not only property, but also global mobility.

– Customers say clearly, They want a solid plan C As an additional security layer outside of existing passports and residents – says Andrew Henderson.

Steve Corbin adds that more and more Americans are currently connecting various programs to cover different needs. “We definitely have cases in which customers combine Caribbean citizenship for an alternative passport with a residency in Europe or Asia, where they can actually live,” he said.

Soler confirmed this opinion, adding that Americans begin to treat citizenship and residency as a portfolio strategy.

– It's not just a matter of travel – it's property planning for the next generation – he says.

The above text is a translation with American Business Insider edition