Use your ancestry to your advantage

June 12, 2019 Suzana Popovic-Montag Estate & Trust, Estate Litigation, Estate Planning, Uncategorized Tags: , , 0 Comments

Tracing your ancestry is big business these days. According to Ancestry.com, the company and its worldwide affiliates have 3 million paid subscribers and have collected 15 million DNA samples from individuals.

Everyone seems to know someone with a story, some happy, some disturbing. Some people discover a 1st cousin and reconnect with them (good news)! Others find out they have a half-sister they never knew about (oops)!

It can get more disturbing than that. Police have used the DNA collected by ancestry websites to narrow down suspects in murder investigations. That’s how the Golden State Killer was arrested in 2018 for rapes and murders committed 30 to 40 years previously. It’s quite the story. The killer’s relatives clearly did him no good service by happily submitting their DNA.

Using ancestry to expand your horizons

One way that we might want to use our ancestry is verifying our roots and exploring opportunities for citizenship in another country. Many Canadians already enjoy dual citizenship because they or their parents were born outside of Canada. But many do not. And there can be advantages, including the ability to travel and work there, own property, or receive health care.

One example: if you have a grandparent who was born in the Republic of Ireland, you likely qualify for Irish citizenship, which would also make you an EU citizen with all of those privileges.

The rules differ by country, and the application process is undoubtedly thorough and time-consuming, even if you are clearly eligible. But if the potential advantages are appealing, dual citizenship might be an idea worth exploring.

Weigh any downside as well

Of course, you’ll need to look at the potential disadvantages as well (for example, there may be tax obligations you hadn’t counted on). This blog post has some good tips on the practicalities of carrying two passports, but also a quick pros and cons list of holding citizenship in two countries.

Thanks for reading … Have a great day,

Suzana Popovic-Montag

Leave a reply

Your email address will not be published. Required fields are marked *

SUBSCRIBE TO OUR BLOG

Enter your email address to subscribe to this blog and receive notifications of new posts by email.
 

CONNECT WITH US

CATEGORIES

ARCHIVES

TWITTER WIDGET