Typically, the visa-free travel aspects of holding a second passport have received more attention—and held more appeal—than the fact that the passport gives you the right to live in the issuing country.
The U.K. action on Vanuatu follows a similar path taken by the European Union. The EU withdrew Vanuatu’s visa-free access to the Schengen Zone last year following allegations of improper vetting and the selling of passports to dodgy people, After the British decision on Vanuatu and Dominica, the European Commission reportedly gave an ultimatum to Caribbean CBI countries, listing
But despite current and past crises—and though visa-free arrangements may change back and forth over time—citizenship by investment is here to stay. There’s no doubt we’ve enjoyed some travel privileges because of our second passports. During the pandemic, Americans were banned from traveling to Europe and Europeans couldn’t enter America. But because my husband and I held both EU and U.S. passports, these rules didn’t apply.