What if Visas and Citizenships Were Sold at Auction?

Michael B. Krakat

What if Visas and Citizenships Were Sold at Auction?

Michael B. Krakat

Faculty of Law

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 language	English
Journal	Investment Migration Insider
Publication status	Published - 30 Oct 2020

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What if Visas and Citizenships Were Sold at Auction?Accepted author manuscript, 762 KBLicence: CC BY-NC-ND

https://www.imidaily.com/due-process/what-if-visas-and-citizenships-were-sold-at-auction-australians-have-considered-it-before/Licence: Unspecified

Cite this

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title = "What if Visas and Citizenships Were Sold at Auction?",

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.",

author = "Krakat, {Michael B.}",

year = "2020",

month = oct,

day = "30",