8 Citizenships to SNAP Immediately (after EU and US Travel Ban)

Summary

This video discusses eight citizenship options, focusing on those by exception and their value amidst global changes. The host highlights setbacks to citizenship-by-investment (CBI) programs, such as the US and EU restrictions. They explore alternatives like Egypt, Turkey, Nauru, and Vanuatu, weighing their advantages and drawbacks. Exceptional nationalities like EcoAs, CPL, and Serbian citizenships are also reviewed. The video emphasizes the importance of having a 'Plan C' nationality for privacy and security, while providing insights into the evolving landscape of global citizenship.

Takeaways

• 😀 The Citizenship by Investment (CBI) industry is facing significant challenges, primarily due to changes in US and EU visa policies.
• 😀 Four Caribbean nations are affected by a US travel ban, and the European Union has suspended visa-free access for citizens from these countries.
• 😀 The value of Caribbean citizenship is dropping due to the loss of EU and UK access, potentially making CBI worth less than $50K.
• 😀 CBI processes are long and costly, often taking over a year, which may not be ideal for people seeking quick solutions.
• 😀 A significant concern for CBI programs is that home countries will be notified about applicants, leading to additional scrutiny.
• 😀 The future of CBI programs looks uncertain, and some are no longer seen as worthwhile investments.
• 😀 Egypt is a potential plan C for citizenship, but it comes with a high level of control over citizens, making it less attractive.
• 😀 Turkey's CBI program has been less affected by international bans, but it still requires significant investment (up to $500K) and takes longer than before.
• 😀 Vanuatu is a strong alternative to other CBI options, offering faster processing (2-3 months) and a 50K redeemable investment component.
• 😀 Ecoas citizenships from African countries are becoming more popular, offering mobility and settlement rights within the Ecoas block.
• 😀 CPL nationality provides added benefits like potential residency and language advantages in Brazil, and could be a solid option for those looking to expand their portfolio.

Q & A

What are the two main setbacks faced by citizenship by investment (CBI) programs?

The two major setbacks are the US travel ban on certain CBI passports and the European Union's suspension of visa-free access for some CBI nationals under the Schengen visa waiver agreement.

Why is Grenada considered a better CBI program?

Grenada is considered a better CBI program because it maintains visa-free access to Russia and China, which might be valuable for certain individuals seeking mobility.

What are the issues with the current state of the CBI industry?

The CBI industry faces challenges such as long processing times, loss of access to key countries, and the increasing likelihood that individuals' information will be shared with their home country governments.

How much is a Caribbean CBI passport worth in the current market?

Given the loss of access and information-sharing concerns, the real value of a Caribbean CBI passport is considered to be no more than $50,000, with a potential range up to $75,000 or $80,000 if privacy is maintained.

What is Egypt's citizenship by investment option, and is it a good choice?

Egypt offers citizenship through a property investment of $300,000. However, it is considered a 'Plan C' option due to the level of control the country exerts over its citizens, making it less desirable compared to other options.

What are the drawbacks of the Turkish citizenship by investment program?

The Turkish CBI program is not affected by the US or Schengen bans, but it is considered a 'Plan C' option due to lengthy processing times, high costs, and a less favorable reputation. The program may take around a year or more, with investment options including $400,000 in real estate or $500,000 in a bank deposit.

How does the Vanuatu citizenship by investment program compare to Nauru?

Vanuatu is considered a better option than Nauru because it is faster (2 to 3 months versus 4 to 6 months) and offers a redeemable $50,000 investment. Vanuatu also has a more reputable citizenship program.

What are the benefits of acquiring an EcoAs nationality?

An EcoAs nationality provides travel mobility and eventual settlement rights within the EcoAs block in West Africa. It's a 'Plan C' option that offers privacy and security, making it suitable for individuals seeking a backup nationality without excessive control.

What is the advantage of a CPL nationality in West Africa?

CPL nationality offers access to Brazil, potential residency benefits, language waivers, and fast-track citizenship opportunities, making it a strategic option for those seeking to establish ties with Brazil and possibly Portugal.

Why is Serbia's citizenship by investment program considered less attractive?

Serbia's CBI program is seen as a 'Plan B/C' option due to its higher costs and lower perceived value. The program is priced higher than other options, and its benefits are limited compared to other European or international alternatives.

Why is Argentina's proposed citizenship by investment program considered problematic?

Argentina's proposed CBI program, priced at $500,000, is seen as overpriced and impractical, with concerns over potential citizenship-based taxation or complications. The program may require adjustments, such as a golden visa style flexible residency, to become more viable.

Which citizenship options from the list are considered the best for 2025?

The best options for 2025 include Vanuatu, EcoAs nationalities, CPL, and Serbia, as they offer reasonable benefits with relative privacy and flexibility. These are considered 'Plan C' options that provide redundancy and security in case of unexpected changes.