"Holiday by Investment" and the Rise of Digital Nomad Visas

Michael B. Krakat

Research output: Contribution to journalOnline ResourceProfessional

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Abstract

[Extract]
Globalization, including the worldwide sale of citizenship and residence, has incorporated millions of migrants into a global market for membership entitlements. Persons have today joined the movements of goods, services, and capital. The need for global mobility, in response to globalization, as well as to climate change or pandemics, has become one of the most pressing issues of this century.

Migrants of the world do not form their own country. If they did, that country would arguably be one of the largest on earth (the fifth largest, as it was once estimated). Aspects of these commoditized migrations include lifestyle migrations of cosmopolitan travelers as ‘citizens of everywhere and nowhere.’ For some, the temporary life of a more or less permanent traveler may bring the decluttering and minimization of some assets, but this does not necessarily need to be the case.
Original languageEnglish
JournalInvestment Migration Insider
Publication statusPublished - 3 Dec 2020

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