Latitude in the News, News feed Date: 26 May, 2026
Thank you to journalist Suzanne Rowan Kelleher from Forbes for featuring Latitude in a recent article.
In the piece “Rich Americans Are Collecting Citizenships As ‘Plan B’ In Uncertain Times“, Latitude CEO Eric Major shares his thoughts.
Here’s an excerpt:
Uber-rich Americans are collecting multiple residencies and citizenships for the same reason they diversify their stock portfolios—to hedge against risk in an unpredictable world, investment migration experts tell Forbes.
For the first time since the Great Depression, more people left the U.S. than moved there in 2025, The Wall Street Journal reported. While the Trump administration hails negative net migration as a success story of deportations and restrictive visas, America’s own citizens are also leaving in record numbers.
“My clients tell me, ‘I want a combo. I want two citizenships and a green card’,” Major told Forbes. Katz said he has clients who collect them “like stamps, because that’s what they’re into, instead of buying Rolexes or Lamborghinis.” Wealthy Americans see citizenship diversification as a hedge against financial and geopolitical risks after the tumultuous last decade. “Americans now get it, that you’re exposed with just one citizenship,” Major said, noting that clients’ motivations range from concerns over security and freedom of movement to lifestyle preferences.
…
Date: 26 May, 2026
Posted in: Latitude in the News, News feed