Getting a dual citizenship is a great way of covering your bases. It sounds like stuff from a spy movie, but it is a perfectly legal way to enjoy the benefits of both countries, the country of our birth and the country that are a national of.

You can benefit from the economies of both the countries. You can earn in both the countries and this is definitely an advantage. Now you have the right to live and earn in a country of your choice.

This is definitely an advantage in the current economic slump. If you find that the country of your birth is very expensive, you can simply move to the country you are a naturalized citizen of. You have the right to live there, work and what is more, since the cost of living is less, you can lead a comfortable lifestyle.

One can bank in a country which has an easier tax system and escape paying steep taxes. Many people bank in offshore accounts and gain significant advantages.

In case of political unrest or persecution, you could move to the country which is safer.

Your children could inherit your dual citizenship, travel and live in both the countries. Of course you would have to check with the embassy if this happens automatically or certain forms have to be filled.

You may be a citizen of a country that is getting increasingly unpopular. This can often victimize you and you may be targeted while traveling abroad just because you hold its passport. If you come from a rich and powerful country like America you may be overcharged. This can be inconvenient. So, if you travel on the passport of a less known country, you can escape discrimination.

Second citizenship is a concept whose time has come now. No longer are people with dual passports looked upon with disfavor. Governments considered it unpatriotic not so long ago. However, in these days of globalization attitudes have softened. It has socio-economic advantages and makes practical sense these days.

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