Fiscaoeconomia 2019, Vol.3(2) 76-98 DOI:10.25295/fsecon.2019.02.004 Economic Citizenship: Is It Worthy Investment? Mustafa Şeref AKIN1 Ekonomik Vatandaşlık: Yatırıma Değer mi? ARTICLE INFO ABSTRACT Article History: The selling of economic citizenship is expanding and gradually becoming an Date Submitted: 08.02.2019 industry. This paper weighs the cost-benefit analysis of economic citizenship in Date Accepted: 15.05.2019 three aspects, visa-free country (VFC), marginal contribution and investment JEL Classification: threshold aspects. The return on investment for the visa-free access is moderate, F21 around 1-2% for a frequent traveler family and 0.2-0.5% for a frequent traveler F12 single. Based on these analyses, unless an investor is a very frequent traveler, F6 investment by citizenship programs are not feasible from visa-free country’s Keywords: aspect. However, the benefits of acquiring economic citizenship from an EU Economic Citizenship, country can compensate the low return on visa-free access. Under the marginal Second Citizenship, analysis, we eliminated the redundancy among passports and we calculated the Visa-free Countries , additional benefits of an extra passport. This shows that acquiring a passport from Investment. developing countries is not meaningful for the citizens from developed countries. Under the investment threshold analysis, we demonstrated the minimum investment requirement. Some countries might be more advantageous for the return on investment along with citizenship, but they set the investment threshold so high that countries with donation might be more feasible. 1 Mustafa Şeref AKIN, Prof. Dr. Erzincan Binali Yıldırım Üniversitesi, IIBF,
[email protected] AKIN, M.