Trump’s Plan to Kill Second Citizenship by Investment

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In this video, Mr. Henderson explains the proposed new Trump travel ban, which would restrict or prohibit entry to the United States for nationals of 43 countries. Mr. Henderson covers the threat this action poses to second citizenship, as the proposed travel ban targets four of the five Caribbean citizenship by investment countries, as well as a few other countries with passport programs.

He delves into the implications for non-Americans facing restrictions to their mobility, as well as for anyone who may want or need a second passport. Additionally, Mr. Henderson shares citizenship options that entrepreneurs and investors can take advantage of before programs become more expensive and before the requirements become more burdensome.

00:00 New Trump Travel Ban Could Kill Second Citizenship?
01:13 Trump Travel Ban 2.0 Red Category—All Travel Banned
02:30 Orange Category—US Visas Sharply Restricted
03:07 Yellow Category—60 Days to Address Concerns (Citizenship by Investment Countries)
04:43 What Should US Green Card Holders Do?
05:42 Citizenship by Investment Countries—Why the USA is Targeting them with Travel Bans
08:08 Creeping Restrictions on Caribbean Citizenship Programs—New Countries Kicked Out?
09:24 Implications for US Citizens—Trusted Traveler Program Restrictions Coming?
10:22 Will the US Cancel Visas or Impose Entry Restrictions on Dual Citizen Foreigners?
13:14 Entering the USA after Renouncing US Citizenship or Getting Citizenship by Investment
15:02 ESTA Restrictions on Europeans Who Travel to Banned Countries
16:02 Who Can Still Get Second Citizenship and Should You Visit the USA?
18:11 Which Second Passport Should You Get and Why?

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, and 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.

DISCLAIMER: The information in this video 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.

[FremysFabLife]

The wall at Mexico was never meant to keep people out…

[gerryjames]

If he does this he needs to ban any politician from having a dual citizenship to ANY other country

[dansemacabre]

He'll dismantle 2nd citizenship for everyone *EXCEPT* for that one country we're forbidden to criticize

[LA_Thorne_Tha_Martian]

If the US gets rid of second citizenship, then renounceation will be the only option

[yasutakeuchi]

It's getting harder and harder for me to pretend things aren't getting unsettling more and more

[Society.is.Doomed]

Most of his team are dual citizens... 🤨

[MartinHernandez-rehh]

Elon Musk has South African, Canadian and American citizenship... but of course he'll be allowed to have as many citizenships as he wishes.

[Hdjevhxir]

We are free people. We have a right to choose which country we belong as slaves.

[briang]

If Trump ends second citizenship, I guarantee there will be an exception made for US-Israeli citizenship. They always get their way.

[yonmusak]

Who in their right mind would want US second citizenship? Being pursued around the world to pay US taxes, no matter your relationship to the US.

[mscervantesr]

This video stimulated a lot of thought. I want to leave the country but was concerned about citizenship loss. After experiencing Bush's policy briefly trapping me in Mexico, this video hits hard. The US did not care about leaving me without a way to re enter the country for too long a period of time. I enjoyed living in Mexico and don't regret living there. Since I am not an athlete or an oligarch, I doubt, they would try to rescue me either . I love America with all it's faults and history, but I need to stop worrying about my access to it once I leave.Thank you for the video.

[OnTheFlipSide]

I'm Australian. I have been in the U.S. for 20 years and have citizenship. I am looking to exit! And, thinking of giving my US citizenship up. I don't have millions, but I don't want to be double-taxed.

[allynesommer]

Ok. Well I'm already in Germany. So America can have their citizenship back.

[crazifyit]

If you're an Afghanistan citizen trying to escape, your options have become so incredibly small in the world. How horrible.

[rickcarlson]

Elon has 3 citizenship, South African, Canada and US. Get rid of him!

[gamate]

If they do truly go after dual citizenship, I don't have to think hard about which one I will give up.

[gungadin]

If I had 5 million why would I want to come to the USA....live like a King anywhere else.

[MoLo-lx]

He will never stop dual citizenship for Israel.

[macpony]

Dual citizen of US and Costa Rica here and it was very handy during COVID

[dw]

Sidenote, you don’t want to be a slave to no country.