Citizenship for sale: how tycoons can go shopping for a new passport

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Citizenship-by-investment programmes offer the super-rich an opportunity to acquire a new nationality

It’s the must-have accessory for every self-respecting 21st-century oligarch, and a good many mere multimillionaires: a second – and sometimes a third or even a fourth – passport.

Israel, which helped Russian billionaire Roman Abramovich out of a spot of bother this week by granting him citizenship after delays in renewing his expired UK visa, offers free nationality to any Jewish person wishing to move there.

Related: The ‘golden visa’ deal: ‘We have in effect been selling off British citizenship to the rich’

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Source: israel
Link : Citizenship for sale: how tycoons can go shopping for a new passport

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