“Are you a Global Citizen? Let us help you become one.” You may have seen such an advertisement in an in-flight magazine designed to lure some business class passengers, largely from less developed economies, into acquiring a passport that can smooth their entry at the border of their next destination. A whole new industry of residence and citizenship planning has emerged over the past few years, catering to a small but rapidly growing number of wealthy individuals interested in acquiring the privileges of visa free travel or the right to reside across much of the developed world, in exchange for a significant financial investment.

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