Global, Latitude in the News, News feed Date: 14 August, 2026
Thank you to journalist Audrey McGlinchy from the L.A. Times for featuring Latitude in a recent article about wealthy Americans turning capital into second passports and a hedge against America’s political future.
In the piece ‘More and more wealthy Californians are seeking ‘golden visa’ residency outside the U.S.’, Latitude Group CEO, Eric Major, shares his thoughts.
Here’s an excerpt:
If all goes to plan, Jae Kim, Annie Akin and their 4-year-old son will soon be residents of Portugal. By then, the San Francisco family will have had their birth certificates notarized, had European officials record their fingerprints and transferred half a million Euros into an international investment fund.
Kim and Akin are among a rising number of wealthy Californians using their capital to seek residency and citizenship outside the U.S.
It’s often called citizenship by investment, or a golden visa, and refers to a process in which individuals who invest a hefty amount of money into a country, either through buying property or direct investment, can more easily become permanent residents or citizens.
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Date: 14 August, 2026
Posted in: Global, Latitude in the News, News feed