5 Bizarre Ways Small Countries Make Money
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In: Travel
While the world experiences months of global lock down because of the Covid-19 pandemic, increasingly people are becoming aware of the value of having a second passport to access the safety of a back-up country and to be more able to travel freely worldwide. Such an option is offered by a growing number of countries through their citizenship or residency by investment programs. Some countries require a low investment amount, but offer only a residence permit. Others offer full citizenship, but the amount of the financial contribution required is higher - sometimes very high. Other considerations come into play, such as processing times, climate, social safety, economic stability as well as a good healthcare system. These considerations are no less important than the investment itself, ease of relocation, or both. One might wonder, whether there is a country where, as best can be expected, all of the above mentioned considerations are presented in a positive way. The good news is that such country does exist, and its name is St. Kitts and Nevis.