Why you should get a second passport through SelfKey

Your Freedom Insurance

Being able to manage your digital identity in a secure and decentralized manner is a big step forward, but SelfKey goes further and gives the Identity Wallet a comprehensive broad range of uses: The SelfKey Marketplace.

We did set up a demo a while ago for you to realize of the huge potential of our project and amount of use cases.

In a previous article, we’ve talked about the first market vertical to be launched, the ICO marketplace and why participating in an ICO will be safer with SelfKey.

But SelfKey is not only limited to ICOs, with the SelfKey Wallet you will also be able to apply for a second passport, among other products and services.

Your Freedom Insurance

Contrary to what many people think, getting a second passport is not illegal, far from it. Obtaining a second passport from official government programs is completely legal, and powerful.

A second passport provides a greater level of freedom, which is absolutely in line with the vision and values of SelfKey.

Obtaining a second citizenship provides you travel freedom, residency, lifestyle, banking and business options and opens a myriad of opportunities that could lead you to live experiences to grow both personally and professionally.

And the most important, with a second citizenship you make sure that if things in your country go wrong, you have a place to go and call home. A second citizenship is a worst-case scenario insurance, a safe fallback tool in the event of an economic or political disaster.

Who is going to provide citizenship by investment services?

At SelfKey, we have been building relationships with tier-1 citizenship by investment providers to ensure the availability of all passport programs that are currently active worldwide.

NTL Trust

NTL Trust was established in the Caribbean in 1994 and has grown into one of the world’s leading citizenship by investment authorized agents.

With NTL Trust and SelfKey, you will be able to apply for citizenship by investment in:

Antigua and Barbuda, Cyprus, Dominica, Grenada, Malta, Saint Kitts & Nevis, Saint Lucia and Vanuatu.

“We are pleased to partner with SelfKey for processing of citizenship and residency by investment applications globally, where NTL represents clients in fourteen inward investment target countries. We have examined the SelfKey technology and found it to be a perfect platform for managing the due diligence process involved in citizenship by investment programs” says Robert Martin, Immigration Services Consultant at NTL Trust. “Basically, it allows our Legal Support team to manage our own KYC processes, whilst creating reliable files that can be submitted to the government for their due diligence process in a timely manner,” added Martin.

Global Advisory Group

Global Advisory Group is the leading provider of the Bulgarian Citizenship by Investment Program in combination with visas, permanent residency and citizenships from other major target countries such as Cyprus and Saint Lucia.

They have a unique broad range of properties, life insurance, equity, bonds and other financial products to finance applicants’ investment, which will be available in the SelfKey Marketplace.

“SelfKey is opening up a marketplace of citizenship programs. As an official citizenship provider for a major EU program, we are delighted to work with SelfKey to bring efficiency and trust to our clients”. Words of Konrad Graf, Managing Partner at Global Advisory Group Ltd.

Vanuatu Information Centre

The Vanuatu Information Centre (VIC) is an authorized agent of the Development Support Program (DSP) with offices in Vanuatu, Cambodia, Hong Kong, Thailand, Vietnam, Philippines, Singapore, Myanmar, the United Kingdom and Dubai. The DSP grants honorary citizenship to individuals who make a donation to Vanuatu.

Although unknown to the masses, Vanuatu is an island in the Pacific Ocean with one of the most attractive citizenship by investment programs, especially for Asians, since Vanuatu’s passport is one of the few in the world that provides free visa both to the Schengen area and Russia.

“The SelfKey Marketplace and Identity Wallet are a breakthrough in digital identity which will allow applicants all over the world to apply for Vanuatu citizenship” James Harris, Vanuatu Information Centre Official Appointed DSP Citizenship Representative

The above citizenship by investment agents have agreed to start accepting applications through the SelfKey Wallet. Furthermore, we are actively working to establish further agreements with other companies to bring more competitiveness to the SelfKey Marketplace from which SelfKey users would benefit.

How it works

Acquiring a new citizenship is the most sensitive identity transaction. The level of documentation required is extremely burdensome. In addition to the basic ID documentation, it is required from birth, police clearance, medical or marriage certificates to proof of funds and address, bank reference letters, among many others.

Currently, applicants share the aforementioned documents via centralized storages for authorized citizenship by investment agents conduct KYC. This entails a huge risk, as a storage system flaw, could potentially put this huge amount of sensitive information in the wrong hands.

With SelfKey, users can upload all required documents in the Wallet but maintaining them stored locally in their device, and securely share them in order to start the application process.

In addition, they can fill and sign a bunch of application forms needed from the same Wallet, being able to go through all the application process digitally and hassle-free. All of this, while allowing authorized immigration agents to process applications faster with the highest KYC/AML standards.

Citizenship applications are the most complicated and document intensive identity transactions — an area where the SelfKey team has advanced knowledge, expertise, and connections. We are working with private companies directly and do not need any top down government level buy in.

At SelfKey, we are enabling an Identity Wallet for you to truly own your identity and be able to get your freedom insurance: multiple citizenships for you, your family and your future descendants.

If you wish to know with more details the SelfKey proposition, we invite you to read the whitepaper and our previous blog posts. If you have doubts, questions or just want to chat about it with the SelfKey core team, we invite you to be part of our Telegram community. To stay up to date on the latest news and announcements, join our announcement channel or subscribe to our mailing list.