Attention Economy


Saturday, March 22, 2025

The Era of Golden Passports

The Appeal of Golden Passports
https://www.fa-mag.com/news/the-appeal-of-golden-passports-81797.html
 
Americans Are Buying an Escape Plan
https://www.msn.com/en-my/news/editorpicks/americans-are-buying-an-escape-plan/ar-AA1BrHat
Thousands of Americans a year are applying to visa programs abroad, primarily in Europe—Portugal in particular—and the Caribbean, where island nations offer citizenship outright, sometimes upon purchase of property. An American doctor or dentist considering a second home in storm-addled Florida might now buy a $325,000 condo in St. Kitts and Nevis instead and, in the bargain, qualify for the island nation’s citizenship in as little as three months. A nature lover might look to Costa Rica, which grants residence (and a fast track to citizenship) for $150,000. Vanuatu will effectively sell you a passport for $130,000; Dominica’s costs $200,000.