Description
Book SynopsisKristin Surak offers the first on-the-ground investigation of the global market in citizenship for the rich. She tracks the countries that sell citizenship, the elites who buy it, and the intermediaries who make the market, revealing how citizenship by investment became a popular option that now accounts for over 50,000 naturalizations annually.
Trade ReviewForceful, original, and packed with empirical detail, this is a major contribution to our understanding of the current global order. Kristin Surak makes clear the wider social, economic, and geopolitical implications of a Faustian bargain in place between the super-rich and some of the poorer countries of the world. Her pathbreaking book deserves to reach a wide readership. -- Anthony Giddens, author of
Turbulent and Mighty ContinentKristin Surak offers a chilling look at the thriving industry of citizenship. In an unequal world, it enables the rich and super-rich to bypass laws, sanctions, and other perceived disturbances. A must-read! -- Frederik Obermaier, coauthor of
The Panama PapersRequired reading for policymakers working with small countries. But it is also a fascinating study of how people—and their capital—seek to move around a world that is at once hugely interconnected and riven by inequities…
The Golden Passport is a definitive, detailed, and unusually nuanced account of the industry. -- Atossa Araxia Abrahamian * Foreign Affairs *
Precise and persuasive. -- Ferdinand Mount * Times Literary Supplement *
A compelling and illuminating resource for anyone interested in understanding the intricate world of citizenship by investment and its far-reaching implications. It is commendable for expanding the scholarship beyond the European context, and for providing a detailed map of the complex and multifaceted industry which will be invaluable for future research. The book thus provides a valuable and novel contribution to the ongoing discourse on this fascinating yet contentious practice. * LSE Review of Books Blog *
Surak is adept at showing how the citizenship-by-investment sector often exploits the language of human rights and freedom of movement while commodifying citizenship and stripping it of its former values. -- Max Holleran * Inside Story *
An in-depth look at the rise of CBI, or Citizenship by Investment, the process by which impoverished nations benefit by selling citizenship to wealthy individuals in exchange for large investments in the country. * Publishers Weekly *
Comprehensive… [Surak’s] meticulous on-the-ground investigation sheds light on the intricate network involving wealthy elites, states, and brokers, revealing the transformation of a once clandestine practice into a prevalent and significant phenomenon. * Politics Today *
This superb book, deeply researched and skillfully narrated, gives the lie to the idea that the current version of globalism is based on free markets. Citizenship by investment is a salient case of the incursion of raw capitalism into extra-market realms where it doesn’t belong. -- Robert Kuttner, author of
Can Democracy Survive Global Capitalism?This pioneering book illuminates how globalization, sovereignty, and citizenship work at the level of the individual. Combining a keen eye for fascinating personal stories and the sometimes bizarre details of this industry, Surak also provides a new perspective on some of the biggest political controversies of our day: who belongs, who doesn’t, and how much this should be left for money to decide. -- J. C. Sharman, author of
Empires of the WeakA
tour de force, offering at once a history of ‘citizenship by investment,’ a business school case study in market-making, and a peek into the lives of the super-wealthy. Surak’s book is a sharp-eyed contribution and a major milestone. -- John Torpey, author of
The Invention of the Passport
