Comments by "Jeremy Barlow" (@jeremybarlow2291) on "11 Mistakes When Choosing a Second Citizenship" video.

  1. I was recently reading on the EU website about work rights available to citizens of 59 African, Pacific, and Caribbean nations, including the 5 Caribbean CBI countries that provide equal work-permit free access to countries aside from the EU nation where such citizens may have obtained a visa. I must admit, as is often the case with the EU website the answers were fairly opaque. It does appear that the right to self-employment would attach which could be useful for a budding Nomad Capitalist in such a situation, but it is unclear if the right of establishment ie to set-up and manage a corporation as opposed to a sole proprietorship in multiple EU countries would attach for such citizens after obtaining a residency visa in at least one Schengen country. If these rights along with the OECS freedom of movement rights for several Caribbean countries attach to a CBI passport along with the CARICOM rights of freedom of movement for skilled workers, then anyone with a university degree including certain associates degrees or other specified skills they can meaningfully demonstrate is given a lot of added value by a CBI passport. I mean the CARICOM skilled worker rights include a right of establishment which can be very valuable in one market specifically which has significant tax advantages. The CARICOM & OECS freedom of movement rights of citizens is very clear. The potential freedom of movement/work & freedom of establishment rights that may attach to a Caribbean CBI passport when it is used to obtain an EU residence visa if that is the case would in my opinion make those Tier B Passports at least a Tier B+. I suspect you have found out more about this opaque aspect of passports from the 59 countries and EU residency visas, but I don't think I have ever heard it discussed. If the right of establishment & freedom of movement without a work permit attaches for these passport holders when the obtain any EU residence visa this makes it much easier to structure international companies in the most tax advantageous way. I mean having to obtain residency in multiple EU countries just to set up and manage various subsidiaries would be much more difficult than securing one residency because you did so with a Caribbean CBI passport that allows you to work in any EU country without a work permit or residency visa just like an EU citizen when you are merely a resident of one EU country.
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  2. At least one of them does. Now go start reading statutes to figure out which one. It's fun.😌 It is more than one actually as I understand it, but...
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  3. Further reading seems to clarify, but I say only seems, to clarify that those 59 nations enjoy equal working conditions under these rules, but the general rule of the EU is that no work permit is needed for self-employment. What is less clear is a question about whether or not working for a corporation you 100% own is self-employment. It doesn't necessarily appear to be, but for purely managerial or director level tasks that may not be the case.
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