COVID showed the rich that they can't just go wherever they want, so now millionaires are rushing to get 2nd passports: report
The COVID-19 pandemic has given the ultra-rich a wake-up call — that their money doesn't guarantee an entry into any country they desire, according to a new wealth report.
"The pandemic made people question the assumption that mobility was assured," Kristin Surak, an associate professor at the London School of Economics, wrote in Knight Frank's report. "US citizens have a 'good passport' with many travel privileges, but COVID threw these out the door," Surak wrote. Many are looking at overseas homes where they can live for a few months per year, or places that offer good healthcare, Surak wrote.
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