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  • Citizenship is one of the few rights that ostensibly everyone gets just for the sake

  • of being born. Although there are other avenues to becoming a citizen, like marriage or employment,

  • those are often arduous and often unsuccessful. But in a handful of countries, getting citizenship

  • is actually quite simple - it’s as easy as writing a check. So, we wanted to know,

  • where can you buy citizenship?

  • Well, as of 2016, nine countries are effectively selling citizenship. Most are small islands

  • in the Caribbean and the Mediterranean, and all are relatively cash-strapped. Allowing

  • foreigners to buy citizenship has the obvious effect of raising the country’s GDP, but

  • it can also culminate in long-term economic prosperity through investments in housing

  • and infrastructure. With that in mind, many countries have made it easy and even affordable

  • for people to buy their way in.

  • The cheapest option is the Caribbean island of Dominica [dah-mee-NEE-ka], where citizenship

  • can be purchased for just 100 thousand dollars or a real estate investment of at least 200

  • thousand dollars. This program has existed for more than 20 years, however it became

  • particularly important to Dominica in 2015, after a tropical storm wiped out roughly 90

  • percent of the country’s GDP. Today, citizenship sales are one of the country’s primary sources

  • of revenue, however the program is said to be mismanaged, and public officials have been

  • accused of pocketing much of the profits.

  • A similar program exists nearby in St. Kitts and [KNEE-viss] Nevistwo tiny Caribbean

  • islands that form one nation. Like Dominica, St. Kittsrelied on citizenship sales after

  • a series of hurricanes decimated their economy in the late 1990’s. Today, citizenship can

  • be procured for a $250,000 dollar flat rate or a $400,000 dollar real estate investment.

  • The deal also includes visa-free travel to the roughly 130 countries that accept a St.

  • Kitts passport. At one point, St. Kitts was selling an estimated two thousand passports

  • a year, and as a result, the country was seeing rapid development. However, sales have plummeted

  • since 2014, when Canada and the US issued warnings about the program. For example, businesspeople

  • have reportedly used visa-free travel through those passports to avoid international sanctions

  • or flee a country where they were wanted for a crime.

  • This concept is not unique to far-flung island nations. In fact, a dozen other nations, including

  • the US, offer permanent residency, orgolden visas”, to foreigners who invest in property,

  • businesses or public assets. However, the price tag is usually much higher. The United

  • Kingdom, for example, requires minimum investment of nearly $3 million dollars. Golden Visa

  • programs are extremely popular among wealthy Chinese nationals seeking to invest in offshore

  • real estate.

  • So, what makes dual citizenship so attractive? Well, for people from countries that face

  • travel restrictions, an alternative passport opens up an entirely new world of visa-free

  • travel. For wealthy Americans, citizenship in St. Kitts or Dominica can mean huge savings,

  • as neither country taxes foreign income or capital gains. So despite the high cost of

  • citizenship, it may be more financially beneficial that it seems.

  • But having citizenship is not infallible, nearly every country has strict rules about

  • when they can strip you of your citizenship. To learn about what kind of actions, including

  • treason and terrorism, can make you lose citizenship, check out this video. Thanks for watching Seeker Daily, don’t forget to like

  • and subscribe for new videos every day!

Citizenship is one of the few rights that ostensibly everyone gets just for the sake

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B1 中級

市民権を売っている国は? (Which Countries Sell Citizenship?)

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    123nate に公開 2021 年 01 月 14 日
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