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Monday 20th April 2020

April 20th, 2020

What happens next?

Brian Dobbin, Founder

This is not the first time we’ve seen a pandemic sweep across the world, but the interconnectivity we enjoy today has made this unlike anything in history. What happens as we start to relax the global lockdown we are experiencing?

 Weighing most heavily on everyone’s mind is likely the economy and how it responds to the rapid freeze-up that has happened over the last months. The losses of jobs and stock equity in the US over the 30+ months of the great financial crisis a decade ago was replicated in three weeks this March.

And like that crisis, the major central banks and world’s reserve currencies have turned back to Quantitative Easing as a solution. We have experienced the effects of this wealth creation in Citizens International over the last decade, and have seen the unprecedented economic migration it has spurred on.
 
Some other symptoms of this pandemic did not occur in the last financial crisis – complete disruption of the travel industry and the pancaking of oil pricing being just two - and these two complications add more fuel to a fire of uncertainty.
 
In particular, those who find themselves in autocratic jurisdictions face the specter of more loss of liberty. Crisis of this scale exposes poor governance and institutional corruption, and large portions of government income being affected by this new reality in these circumstances can only cause instability in the populace as economies and social programs are impacted.

If you have ever thought of migrating economically or physically to the west, there are a lot more reasons to do it now. The single biggest reason is rule of law, not just for the safety of you and your family, but also for your wealth. Without rule of law, what appears to be a safe haven is really a money trap.

Read full the full post here. Find out how to apply for alternative citizenship remotely, book a video consultation, and more in the latest publication here.


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