What if Visas and Citizenships Were Sold at Auction?

Michael B. Krakat

Research output: Contribution to journal › Online Resource › Professional

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Abstract

Nobel Laureate Gary Becker suggested the best way for a country to attract skilled immigrants was to sell citizenship at auction, utilizing a flat visa fee. Similar notions may apply for citizenship by investment ('CBI'). In 2016, the Australian Productivity Commission picked up Becker's suggestions, but they were not legislatively implemented.
Original languageEnglish
JournalInvestment Migration Insider
Publication statusPublished - 30 Oct 2020

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