Why are so many small states turning to Citizenship by Investment (CBI) schemes?

Podcast: Small Islands Big Picture · ODI Resilient and Sustainable Islands Initiative (RESI)

Opublikowano: 2024-05-10

Citizenship is traditionally granted by right – on the basis of birthplace or parentage – or acquired through naturalisation – on the basis of sustained residency and allegiance to the state. Yet, many small countries are increasingly “selling sovereignty” through Citizenship by Investment (CBI) or Residence by Investment (RBI) schemes. These “golden passports” and “golden visas” generate sizeable revenues for many small island developing states (SIDS), but they have also come under scrutiny from powerful states and international organisations, especially the European Union. In this episode of Small Islands Big Picture, Emily and Matt explore the proliferation of these schemes, asking, ‘...