{"id":12785,"date":"2015-07-17T09:00:19","date_gmt":"2015-07-17T13:00:19","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=12785"},"modified":"2015-07-17T07:02:39","modified_gmt":"2015-07-17T11:02:39","slug":"the-economics-of-passport-sales","status":"publish","type":"post","link":"https:\/\/www.Centives.net\/S\/2015\/the-economics-of-passport-sales\/","title":{"rendered":"The Economics Of Passport Sales"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2015\/07\/071715_1101_TheEconomic1.jpg\" alt=\"\" width=\"641\" height=\"427\" \/><\/p>\n<p>The Economist took a look at the market for passports:<\/p>\n<ul>\n<li>Passport holders of countries in the Caribbean get visa-free travel to various European countries.<\/li>\n<li>There are many people who&#8217;d like to visit Europe but who would have\u2026trouble getting a visa approved or don&#8217;t want to go through the hassle of it all.<\/li>\n<li>Spotting a market opportunity, Caribbean countries are willing to sell citizenship to those who are able to pay.<\/li>\n<li>The &#8220;donation&#8221; required for this can be as little as $250,000.<\/li>\n<li>Some require that you at least spend some time in the country before getting its passport \u2013 usually a long weekend will do it.<\/li>\n<li>The business is lucrative. St Kitts made $100 million from the business \u2013 13% of its GDP.<\/li>\n<li>It can lead to awkward situations though. Iranians have apparently been using St Kitts passports to circumvent American sanctions.<\/li>\n<\/ul>\n<p>Read more about the different countries and the amount of money they&#8217;re willing to sell citizenship for, and how countries around the world are responding over <a href=\"http:\/\/www.economist.com\/news\/americas\/21656696-travel-papers-tiny-islands-help-all-sorts-folk-reach-bigger-places-tickets-paradise?frsc=dg%7Ce\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/www.economist.com\/news\/americas\/21656696-travel-papers-tiny-islands-help-all-sorts-folk-reach-bigger-places-tickets-paradise?frsc=dg%7Ce\">The Economist<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Economist took a look at the market for passports: Passport holders of countries in the Caribbean get visa-free travel to various European countries. There are many people who&#8217;d like to visit Europe but who would have\u2026trouble getting a visa approved or don&#8217;t want to go through the hassle of it all. Spotting a market [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12784,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12785","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"https:\/\/www.Centives.net\/S\/wp-content\/uploads\/2015\/07\/071715_1101_TheEconomic1.jpg","_links":{"self":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/12785","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=12785"}],"version-history":[{"count":3,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/12785\/revisions"}],"predecessor-version":[{"id":12788,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/12785\/revisions\/12788"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/12784"}],"wp:attachment":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=12785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=12785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=12785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}