Plan B citizenship is a second citizenship that provides a safe haven for the holder through expanding personal freedom, diplomatic protection, visa free access, and financial security.
With growing geopolitical tensions, many individuals are putting safeguards in place, reflected in Global Citizen Solutions Senior Immigration Consultant Joe Rice’s comments at the Plan B Webinar, stating, “Some clients don’t know whether they’ll use the second passport. They’re looking at it as more of an insurance policy.”
The Caribbean's Appeal for Plan B Citizenship in Post-Crisis World
As the first region to establish investment citizenship, Caribbean citizenship by investment (CBI) reshaped the traditional concept of citizenship, extending it beyond sovereign and civic identity towards a strategic alliance for both the nation and the recipient.
But what compels citizens of leading economic and globally dominant nations to secure second citizenship in small Caribbean states with fewer geopolitical ties, a smaller economy, and limited global influence? The answer boils down to the fact that the Caribbean CBI industry offers political stability and tax frameworks that allow individuals, from retirees to high-net-worth individuals, to protect their wealth.
Laura Madrid, head of Intelligence Unit Research at Global Citizen Solutions, stated, “With over 50 percent of applicants to Caribbean citizenship by investment programs coming from leading economies, it’s clear that even those in dominant nations recognize the value of a stable political climate and favorable tax structures. These programs aren’t just about mobility; they’re a strategic move for stability and wealth protection in an increasingly uncertain global landscape.”
Notable global crises
In February 2022, Prime Minister Justin Trudeau invoked the Emergencies Act to freeze the accounts of participants in the Freedom Convoy movement, exposing how effortlessly the government could immobilize the country’s financial system.
Since returning to office in January 2025, Donald Trump’s focus on nationalist policies and shifting immigration stances have created uncertainty around political stability, opportunities, and civil liberties.
The ongoing Venezuelan crisis has triggered widespread economic hardship, with immediate effects being hyperinflation, job losses, and currency devaluation, leading millions of Venezuelans to seek stability abroad.
Caribbean Citizenship's Value Post-Crisis
A plan B passport from a Caribbean country is a major asset post-crisis. Individuals are rarely alone in their struggles, and a plan B passport is the ultimate contingency plan should your primary passport become restrictive or lose its influence.
A consequence of a country in crisis is the restriction of travel freedoms–a correlation found among the lowest-ranking passports. Caribbean passports provide a solution, unlocking access to over 140 countries, including key hubs like the UK, EU member states, China, and Russia.
Joe Rice mentioned, “The word COVID brought up a lot regarding mobility; people couldn’t leave their country because they didn’t have dual citizenship. If they had that plan B and had a second citizenship, maybe it would be good as a backup plan.”
With the EU’s clampdown on Golden Visa and citizenship by investment programs in countries like Spain and Malta, high-net-worth individuals are exploring other options, gravitating toward Caribbean programs. Beyond second passports, Caribbean real estate investment is multi-leveled Plan B. By investing in approved real estate under a Caribbean CBI program, investors not only gain second passports but a tangible asset for income or refuge during turbulent times.
Why use Global Citizen Solutions?
Global Citizen Solutions is a multidisciplinary firm offering bespoke residence and citizenship solutions in Europe and the Caribbean. In a world where the economy and politics are unpredictable, having a second citizenship opens up opportunities and creates flexibility for you and your family.
So, why work with Global Citizen Solutions to obtain Caribbean citizenship?
- Global approach by local experts: We are corporate members of the Investment Migration Council, with local expertise in all five Caribbean CBI programs.
- 100 percent approval rate: We have never had a case rejected and will offer you an initial, free-of-charge, due diligence assessment before signing any contract.
- Independent service and full transparency: We will present to you all the investment options available, and all expenses will be discussed in advance, with no hidden fees.
- An all-encompassing solution: A multidisciplinary team of immigration lawyers, investment specialists, and tax experts will take into consideration all your and your family's mobility, tax, and lifestyle needs.
- Confidential service and secure data management: All private data is stored within a GDPR-compliant database on a secure SSL-encrypted server.
