NEW YORK, May 12 (Xinhua) -- The number of wealthy Americans applying for citizenship or residency in foreign countries has skyrocketed over the past three years as U.S. billionaires, tech entrepreneurs and celebrities look to create a "plan B" for their families, reported major news portal Insider last week, based on interviews with multiple investment migration firms.
Latitude Residency & Citizenship, a company which guides high-net-worth investors around the world through the application process, was quoted as saying that U.S. inquiries have increased 300 percent between 2019 and 2021.
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