Overview

Citizenship and residence by investment is a fast-growing global phenomenon. As of 2022, more than a third of all countries in the world offered paths to membership in exchange for a donation or investment into their economies. Yet we know little about how these programmes operate and debates in academia and the wider public are often misinformed by sensationalist cases. This book offers a multidisciplinary exploration of both citizenship and residence by investment on a global scale. Bringing together the expertise of leading legal scholars, economists, sociologists, political scientists, and historians, it provides an informative and empirically grounded assessment of the origins, operation, key causes, and the legal bases of the investment migration programmes. By so doing, the volume demystifies citizenship and residence by investment and takes a critical postcolonial global perspective, addressing key issues in belonging, exclusion, and inequality that define the world today.

Full Product Details

Author:   Dimitry Vladimirovich Kochenov (Central European University in Budapest and Vienna) ,  Kristin Surak (London School of Economics and Political Science)
Publisher:   Cambridge University Press
Imprint:   Cambridge University Press
Dimensions:   Width: 15.80cm , Height: 3.60cm , Length: 23.50cm
Weight:   1.000kg
ISBN:  

9781108492874

ISBN 10:   1108492878
Pages:   360
Publication Date:   13 April 2023
Audience:   College/higher education ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Active
Availability:   Manufactured on demand  
We will order this item for you from a manufactured on demand supplier.

Table of Contents

Introduction: learning from investment migration Dimitry Kochenov and Kristin Surak; Part I. Mapping Investment Migration Law and Practice: 1. Investment migration: empirical developments in the field and methodological issues in its study Kristin Surak; 2. Victims of citizenship: feudal statuses for sale in the hypocrisy republic Dimitry Kochenov; 3. Investort citizenship and state sovereignty in international law Luuk van der Baaren; 4. Investment citizenship and the long leash of international law Peter J. Spiro; 5. Relevant links: investment migration as an expression of national autonomy in matters of nationality Petra Weingerl and Matjaž Tratnik; 6. EU competence and investor migration Daniel Sarmiento and Martijn van den Brink; Part II. Explanations and Contextualizations: 7. Citizenship for sale in pre-modern Europe Maarten Prak; 8. Unseemly, perhaps, but…: should citizenship be for sale? John Torpey; 9. Citizenship by investment: a case of instrumental citizenship Christian Joppke; 10. The colonial institution of citizenship and global capitalist dynamics Manuela Boatcă; 11. Citizenship and residence rights as vehicles of global inequality Yossi Harpaz; 12. The 'Streetlight Effect' in commentary on citizenship by investment Suryapratim Roy; 13. A blocked exchange? Investment citizenship and the limits of the commodification objection Lior Erez; 14. Why do wealthy individuals migrate internationally: some economic considerations Andrés Solimano; Part III. Case Studies and Implications: 15. Can investor residence and citizenship programmes be a policy success? Madeleine Sumption; 16. Citizenship revocation and the normalisation of ex-post conditionality in investment migration law Daniel Christopher Twomey; 17. In the shadow of the Euro crisis: foreign direct investment and investment migration programmes in the European Union Justin Lindeboom and Sophie Meunier; 18. Investment migration and corruption: state capture and the Hungarian residency bond program 2012–2017 Boldizsár Nagy; 19. Investment migration and the importance of due diligence: examples of Canada, Saint-Kitts and Nevis, and the EU Mark Corrado and Kim Marsh; 20. Investment migration and subnational jurisdictions Godfrey Baldacchino and Elena Basheska.

Reviews

'Rigorous and sparklingly innovative interdisciplinary volume on emergent global commodification of citizenship status, offering a robust set of stringent empirical and historical analyses, framed by a resolutely non-romanticist conceptual approach to citizenship as status and practice, this collection lays indispensable groundwork for a new generation of 'citizenship studies'. Essential reading for the field going forward.' Linda Bosniak, Rutgers Law School 'Passports by investment may be the ultimate political turn of globalization. Such programs recognize the demand for alternative citizenship or residence and supply these to the elite of the world. This deeply researched and well-written volume provides all the analytical tools and empirics for scholars and policymakers to study these arrangements and contemplate the longer term implications.' Miguel A. Centeno, Princeton University 'The prospect of 'selling citizenship' provokes indignation from those who cling to a romantic idea of what citizenship should mean, be or do. The authors of this volume proceed from the reality of what citizenship as legal status actually is and does, and raise important questions about the normative and pragmatic implications for regulating how citizenship is distributed.' Audrey Macklin, University of Toronto

'Rigorous and sparklingly innovative interdisciplinary volume on emergent global commodification of citizenship status, offering a robust set of stringent empirical and historical analyses, framed by a resolutely non-romanticist conceptual approach to citizenship as status and practice, this collection lays indispensable groundwork for a new generation of 'citizenship studies'. Essential reading for the field going forward.' Linda Bosniak, Rutgers Law School 'Passports by investment may be the ultimate political turn of globalization. Such programs recognize the demand for alternative citizenship or residence and supply these to the elite of the world. This deeply researched and well-written volume provides all the analytical tools and empirics for scholars and policymakers to study these arrangements and contemplate the longer term implications.' Miguel A. Centeno, Princeton University 'The prospect of 'selling citizenship' provokes indignation from those who cling to a romantic idea of what citizenship should mean, be or do. The authors of this volume proceed from the reality of what citizenship as legal status actually is and does, and raise important questions about the normative and pragmatic implications for regulating how citizenship is distributed.' Audrey Macklin, University of Toronto 'An outstanding study, wide-ranging yet concise with vivid examples and pointers to fresh scholarship. Steinweis expertly guides the reader through complex issues, highlighting the interconnectedness of Nazi expansionism and racial policy, and offering cogent reflections on the relationship between the Nazi regime and the German people.' Elizabeth Harvey, University of Nottingham 'This is an admirably lucid, reliable, and comprehensive account that will benefit students and specialists alike. Bringing to bear a wide variety of source materials and angles of vision, Steinweis provides not only a fine introduction to the history of Nazi Germany, but also a sure footed guide to the state of knowledge on a host of formerly or currently contested issues. Highly recommended.' Peter Hayes, Northwestern University 'Many Germans persuaded themselves they were building a 'people's community'; instead, they enabled a dictatorship. Alan Steinweis explores how the Nazi elite achieved this but also deftly incorporates recent insights from social and cultural history to show both approval and rejection of Nazi policy among the population at large.' Geoffrey J. Giles, University of Florida

Author Information

Dimitry Kochenov leads the Rule of Law research group at CEU Democracy Institute in Budapest and is Professor at CEU Legal Studies Department in Vienna, as well as associate of EU Program at Princeton University. He has taught citizenship from Princeton and Rome to the College of Europe, co-convened an Oxford seminar on Citizenship for Sale, served as the founding chairman of the Investment Migration Council (Geneva), and advised international institutions and governments, including Dutch and Maltese. His Citizenship (2019) has been reviewed in the NYRB. Kristin Surak is Associate Professor of Political Sociology at the London School of Economics. She is the author of The Golden Passport: Global Mobility for Millionaires (2023). Her research on golden passports, international migration, nationalism, and political sociology has been translated into a half-dozen languages.

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