Passports for purchase: How the elite get through a pandemic

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Super-rich families are buying multiple citizenships to prepare for the next lockdown. Here's how citizenship-by-investment programs work and why they're getting more popular.

Some ultra-rich travelers are simply seeking a safe, remote place where they can hole up with their family should another outbreak occur."The talk so far is that the smaller countries are able to handle and manage the pandemic easier," Nuri Katz, founder of international financial advisory firm Apex Capital Partners, tells CNN Travel.

"If you have a net worth of roughly $1 million to, say, $5 or $10 million, the Caribbean is a great choice. For example, a wealthy Bangladeshi holds one of the worst passports in the world in terms of travel freedom -- you need a visa to go anywhere," adds Volek. Investment migration programs offer residence or citizenship in exchange for substantial investment in a country's economy, usually in the form of real estate, job creation, infrastructure development or government bonds.

"I think a country like Portugal is one of the most attractive because the price point at €350-500,000 is achievable for high-net worth individuals," says Volek.

 

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See that movie 2012.

All dual citizenships need to be revoked. Pick a country. If you don’t like America, go somewhere else.

It's ok the country will stay shutdown for us little people. And the left begs for it.

Worked my whole life to get American citizens

TWITTER WHY DONT YOU TAKE DOWN CHILD PORN TWTTER ACCOUNTS WHEN THEY ARE REPORTED WTF?

The richer gonna get out of here and take the money with and you’re all going to go broke and CNN will be out of business

it seems the rich have felt that it is time to flee from the 'best country in the world'! ahahahaaa!

I’m just buying guns and food

Super-rich should be forbidden, nobody should be allowed to own more than 100 million dollars, anything above that should go to taxes

VOTE.....VOTE.....VOTE.....VOTE!!

How nice, another perk for the rich.

And to avoid Epstein's flight logs...

Well the Bidens already have citizenship in China, so we know where they're running off to after election day.

Smart decision

They now need to pay taxes in ALL those countries!!!

Because there is an Alzheimer's patient running the country in the United States, and what is more terrible is that the Alzheimer's patient is elected by the Americans themselves. Hahahaha

😳

May I suggest the Bahamas or Cayman Islands? Beautiful in the Winter & no income tax in the Caymans. Great for investors large & small.

Can you blame them? If I was rich I would do the same thing!The democrats are F-ing up everything!

This has been going on forever. $250k investment on a home in the Bahamas gets you there.

This was well known, if you are rich you are a citizen of the world. You are poor and you are just a filthy inmigrant.

The rich live by fewer rules than the rest of us

I thought it was for them to move to a non extradition country for Epstine insurance.

This sounds so similar to the movie 2012 when only the wealthy people we able to afford boarding passes and the poor were left behind to die .

Shame

Get them to Pluto pl. :)

Pretty sure the top executives who owns CNN Worldwide and AT&T Warner Media just as rich. So.... you guys should rat out your bosses.

All thanks to cnn for helping the country into its current mess.

“... why they’re GETTING more popular“? Wow.... did you graduate high school? Try: “... why they’re becoming more popular.” It’s only one more letter you can do it!

EO...You will lose your Property if you are invovled with Human Trafficking.Maybe they are safe at see and not on land.

Lol.. its not because of lockdowns

No,they’re talking to the criminals...like Tom Hanks and George Clooney became Greek Citizens.Pedophila is a disability,not a crime.There will be people fleeing America after all this or during.

Hey how about you stop reporting on whatever “open borders if you’re rich” bullshit this is and represent and report on actual issues and advocate for people who need good representation

LOL. Pedophiles and child murderers getting ready to run.

Interesting.

Great documentary

Nothing new here

Apparently Devos has six, $6million yachts in six different ports to avoid taxes... Trumps appointee for education, go figure!

No it's because they've been caught and they're pedos

why don't you do a story on why Jeff Zucker totally promotes Trump?

and at least some of these people are Trump supporters, supporting locking up or blocking people that want to come here and seek asylum and be citizens, here-that's nuts...

Touching passport applications increases your risk of contracting coronavirus, a new study says.

Scott Israel needs a passport out of Broward county Gregory Tony for Broward county sheriff

Read the fkn room CNN......

This is the first year I ever Truly wished I was super rich. Not jealous of anyone that is. I'd just love the advantage of being able to truly afford to protect my Wife and life in comfort, away from all this. it is what it is.......

Death will come when it will

Eh. I’ve been living in Thailand for 8 months. I miss the states but have no desire to return during this mess. (I’m not “super-rich”)

The tax cut helped the elite again.

The $2 Trillion Trump tax handout sure helps with this global elitist lifestyle.

I'm smarter than the super duper rich. Right now, this very moment in my mind, I'm a citizen Dubai, Taiwan and Cape Verde. I didn't spend a cent.

The Austrian capital, Vienna, has been the scene of protests against the occupier regime's plans to annex parts of the West Bank and in support of the Palestinian people's legal rights. TrumpHoaxedAmerica Biblicalidiot PurpleHeartDay CriticalRole

The lockdowns that the dems, and their employees CNN and Msnbc, advocate for, are onlt for you! Their elite friends are at lake homes and vacation chalets, but you should be locked down. They have a degree ya know, and so they know what is best for you.... I prefer MAGA .

How many CNN anchors have done this?

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