While communication technology and collaboration software have significantly changed corporate decision-making, there remains one aspect of business that is impossible to replace: actual face time. As a result, mobility continues to be a critical growth driver for corporations and entrepreneurs seeking to increase their international market share — so much so, in fact, that global business travel spend is predicted to reach USD 1.6 trillion in 2020.
But, despite the world becoming ever more interdependent, there is still huge disparity in the levels of travel freedom enjoyed by citizens around the world. Needless to say, those who hail from countries with few visa-waiver agreements find time-consuming visa-application processes a serious hindrance to transnational mobility. A second passport, then, offers an effective means of increasing travel freedom and accessing opportunity in the world’s largest consumer markets.