"literally the same as racism" I couldn't agree more.

Well said, I would say it’s literally racist to discriminate people based on their place of birth

It appears to be a prelude to raising taxes. They are betting that they will not lose rich taxpayers to the Caribbean if they have limited travel back to the EU

Common sense intelligence is soooo refreshing!

I'll just wait a few years and get naturalized for free in Switzerland, just like I got permanent residency here. Most people simply can't comprehend how it is to be regularly discriminated against based solely on one's citizenship.

When the reasons one is given make no sense it is reasonable to look for undeclared reasons. Good video.

“Does it matter what basis by which they come in?” To the EU it does. An ideologically socialist organisation that believes you should not be allowed to buy your way into their club.

The Overton Window is open for a few politicians to stigmatize CBI .... I am very sad to see different programs that help mobility disappear. But .... Vanuatu's CBI due diligence was/is pathetic and Cyprus' CBI was also full of corruption. The chickens are coming home to roost and good programs are now suffering as a result. Goes to show that opting for a well-run program is better, and going for a non-traditional CBI program is even better.

During times of strife, instead of banding together to weather the storm, people will point fingers at anyone who looks different from them and the government will implement xenophobic policies to restore faith. This results in violence and racism.

I seriously doubt that the EU is legally able to do anything about the member states' citizenship or immigration laws. Access to the Schengen zone for travel purposes, limited to 180 days a year, is another matter, but that is not what we are discussing here. That being said, I think CBI is under pressure, and not only by the EU. Remember that the concept of CBI is totally, totally foreign to the absolutely overwhelming majority of the population, and to politicians as well. Many people even find double citizenship acquired by regular naturalisation suspcious, because "you never know where those people's loyalties lie". Anyway, for CBIs to survive beyond the medium term, I believe that the "Caribbean Saints" and other countries offering CBI need to do some clever lobbying in order to survive, stressing meticulous background checks of applicants and the importance of CBI programmes to the local economy.

Nice video! One of your best ones yet! I def agree on the birthplace thing. Both of my parents are Canadians and I'm Canadian but I was born in a 'not friendly' country to the west. I love the west but I can't stand the discrimination from the legal system/banking in the western world. That's why I prefer hanging out/starting businesses in Russia/China, etc. Because they don't hate me because my parents decided to have sex in a country and then wait 9 months. Just an fyi, canada does have an option to not include your birthplace on your passport but that might cause issues in other countries. It's funny that I can change my gender on my Canadian passport by just filling out a form but can't change my birthplace to Ottawa.

It's a known fact the lower tax rates bring in more tax revenue for governments yet as the former President of the United States said, "It's a matter of social justice". It's nothing short of political posturing and vote buying.

Amen, Michael. This is simply more political correctness run amok. I echo your sentiments wholeheartedly. This is maddening.

It's not racism. It's placism. That's not actually a word but I figured I'd make it one. Placism: Discriminating against someone due to their place of birth.

Great video Michael, do you think there could be a future law that will work retroactively stripping away residencies and citizenships of people who are in the process of getting CBI (like in Portugal where it takes 5 years) or for people who got it already? I had a conversation with a lawyer in Lisboa once and he said it is unlikely to work that way and that they might just improve their counter money laundering measures.

Great video Michael. instead of kicking out all russians they should just sanction those with direct ties to putin or their military industrial complex. One thing I wonder if you could shed some light on with respect to the portugese golden visa, what happens if the main applicant is not russian, but the applicants spouse is russian? Do they also get hit with sanctions? What if the spouse is a dual citizen like, Russian Canadian? Like, there needs to be more clarity from the government about these things, it's making me hold off jumping in.

Hope the negative CBI propaganda does not take hold! Great content as usual? 👍🙏🧡

That was great, Michael. So true.🔥

Great vedio, can you please talk about what is happening between EU and vanuatu?

As a French, I'm not concerned, I have one of the "strongest" passport in the world. BUT that being said, what the EU wants to implant is complete BS. Not only it will drive away talented people who will see elsewhere if herb is greener, but also it will send a false message of "security" to the European population which, on this particular subject, are very gulible. Also, within the EU, it targets countries which already struggle to get back on tracks, economicaly speaking. I'm thinking about one particular example : Greece. Too many debts, too many past corruption (and still some nowadays, I'm still "amazed" how easy is to have a driving license especially when you give an envelope "edwsa ena fakelo" full of cash), but one way the the government was able to attrack business was the residency investment program which only starts at... 250,000 €. A lot of Chinese enjoyed it, real estate skyrockets in Athens and now, with the Covid and the Ukraine war, I won't bet a lot on its "bright" economic future. Good and informative video, even if I'll never be your client (winning "only" 5 figures/year). :)

Thanks Michael..really great video. One question: Are they also trying to stop someone from the EU from getting CBI somewhere outside the EU, or does it impact those trying to settle in the EU?

To be fair, probability is a thing

All about the tax.

Watching you while flying Qatar airlines over Iceland..... heading home to Canada ..... thanks again for the great info!

All good points, Michael.

Being objective, I would disagree that CBI is equal to citizenship by residency over time - clearly, you have to make an investment of time and tax money to go the longer route which will require more transparency and data collection on an individual and more of a track record. For example, I know in one country I have lived in where criminal gang members distributing drugs have married locals to gain residency - I suspect that more than a few have not gained citizenship because of generating a criminal record in the residency period.

Common sense but it's not so common these days.

Very sad video. Maybe I'll not be able to get my St Kitts citizenship.

exacly

I agree with the discrimination against Russians and feel bad for all the honest and respectful Russians out there. However one can argue also here that the west here is at war with russia economical,culture,information ,and so on.. and perhaps these discriminatory actions can be acceptable in a War? The sanctions are in someway similar.

Great video Michael! Yup, that's exactly how it is, but you know what, they (PMs, politicians.. etc) clearly understand what you are talking about BUT 👆 the whole thing is that, their political career in almost 99,9% "built" on populism and nobody gives a shit how many people suffer from this or that decision or even how much "their" countries may lose... it's all about votes man.... it's "nothing personal just business" (c)

Do you think this will spread worldwide?