The Coming EU Travel Ban

19 snips

Apr 11, 2025

Concerns are rising as the EU threatens to revoke visa-free travel for Caribbean countries offering citizenship by investment. This move highlights tensions between high-tax nations and those promoting alternative passports. The discussion tackles the political motivations behind these restrictions and the true value of Caribbean citizenship programs. It also compares accommodating citizenship options with the restrictive policies of the US and Europe, advocating for customized strategies to enhance personal freedom and mobility.

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INSIGHT

Competition Threat

Legacy countries dislike competition from smaller nations offering advantageous programs.
These programs, like second passports or wealth storage options, threaten high-tax nations.

INSIGHT

Smokescreen of Security

Claims of national security threats from Caribbean citizenship programs are smokescreens.
High-tax countries aim to prevent citizens from having escape hatches.

ANECDOTE

Revoked Citizenships

Caribbean nations revoke citizenships for crimes committed even after obtaining passports.
This raises concerns about the security of these programs despite rigorous background checks.

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The European Union is once again threatening to revoke visa-free travel for Caribbean citizenship by investment countries, raising concerns for those holding or considering a second passport. In this episode, Mr Henderson breaks down what this means, why it’s happening, and how it fits into a broader pattern of high-tax, legacy countries resisting global competition. He explains why these threats are often more political than practical, why small countries offering second passports aren’t a true security concern, and how Caribbean citizenship by investment programs still offer value—especially when part of a broader, customised strategy.

Nomad Capitalist helps clients "go where you're treated best." We are the world's most sought-after firm for offshore tax planning, dual citizenship, international diversification, and asset protection. We use legal and ethical strategies and work exclusively with seven- and eight-figure entrepreneurs and investors.

We create and execute holistic, multi-jurisdictional Plans that help clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against threats in their home country.

No other firm offers clients access to more potential options to relocate to, bank in, or become a citizen of. Because we do not focus only on one or a handful of countries, we can offer unbiased advice where others can't.

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DISCLAIMER: The information in this episode should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.