Wealth advisors say a growing number of affluent Chinese are considering additional citizenships as Beijing intensifies scrutiny of offshore wealth, with concerns over taxes, geopolitical uncertainty and greater international mobility driving their interest in alternative passports. But with China banning dual nationality, obtaining another passport comes with significant trade-offs. See where China's wealthy are looking at:

Wealthy Chinese rattled by Beijing’s widening hunt for overseas wealth are turning to a once-familiar refuge for their money: the U.S. Private bankers and lawyers who work with Chinese clients say inquiries about opening U.S. bank accounts have grown in the months after Beijing imposed retroactive taxes on offshore wealth in July, moving assets previously stored in Singapore or Hong Kong there to stay further away from Beijing’s reach:

Wealthy investors are moving more gold to Singapore, drawn by its stability as wars, debt and political uncertainty rise elsewhere. 📷️: Edwin Koo/Bloomberg