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Europe: The New Land of the Free? And Why Americans Are Looking for Their ‘Plan B’

IMGW News editorial selection, April 2025

An article published in The Economist* this week offered a striking perspective on Europe’s evolving role in the world. Traditionally criticised for bureaucracy and slow decision-making, Europe is now being recast as an unexpected “land of the free.” At IMGW News, we found this view particularly resonant amid today’s turbulent global climate, and we are pleased to share a synopsis of the article — complemented by our own editorial reflections.

“interest in second citizenship or residency from US nationals has risen by over 300% in just three years. Europe remains at the heart of this trend, accounting for 35% of the global investment migration market”

Amidst mounting political polarisation and economic uncertainty in the United States, Europe’s model of consensus-driven governance, rule of law, and commitment to human rights presents an increasingly attractive contrast. While Washington wrestles with policy brinkmanship and public services left hanging in the balance, Europe’s steady, if plodding, approach offers a form of predictability now considered a luxury. According to the World Bank’s Political Stability Index, European nations consistently outscore the US, with Western Europe a standout.

This search for stability is fuelling a surge in demand for “Plan B” solutions. Across advisory firms, interest in second citizenship or residency from US nationals has risen by over 300% in just three years. Europe remains at the heart of this trend, accounting for 35% of the global investment migration market. Programmes such as Portugal’s Golden Visa — already with over 12,000 recipients — and Malta’s Permanent Residence Programme** are increasingly seen as pathways not only to greater global mobility but to tax optimisation, diversified investment opportunities, and secure living.

Moreover, Europe’s enduring quality of life is difficult to ignore. With 96% of residents covered by universal healthcare, some of the world’s most walkable cities, and cultural access that rivals anywhere on earth, the continent appeals to those seeking more than just financial security. It is estimated that 6.8 million Americans now reside overseas, many opting for European shores.

With investment thresholds in some EU programmes expected to rise, those considering Europe as their “Plan B” may find that acting sooner could be a wise move. In today’s uncertain world, Europe’s blend of stability and opportunity feels increasingly like the smart choice.

*The Economist (April 2025 edition).
**Since this article was published the EU has decided against Malta on its Citizenship by Investment Programme. Read more