Summary: Global, European and National Questions About the Price…
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to be just as unfair towards the poor as ‘golden passport programmes’. From
a democratic citizenship perspective, however, the former are less problematic since they maintain a condition of residence and thus a ‘genuine link
test’ for access to citizenship (e.g. Dzankic, Shachar, Owen).
Other authors acknowledge that states have legitimate interests in ‘inviting the rich, the beautiful and the smart’ (Kochenov) and that investor citizenship is not essentially different from the widespread practice of offering
citizenship to prominent sportsmen and –women (Owen). Chris Armstrong
observes that some states offer citizenship to foreigners who have served in
their army or have otherwise provided exceptional service to the country. If
investors really help to save a country from financial breakdown, offering
them citizenship may be justified on grounds of emergency relief. Other
authors are, however, sceptical that those who are only interested in additional mobility rights can be made to invest their wealth permanently and
productively (Dzankic).
Apart from the lack of a ‘genuine link’ criterion, a global market for citizenship status is also seen as corrupting democracy by breaking down the
wall that separates the spheres of money and power. Several contributions
argue that there is a broader trend towards relinking citizenship acquisition
to social class, which manifests itself, on the one hand, in offering citizenship to the rich and, on the other hand, in income and knowledge tests for
ordinary naturalisations of foreign residents (Shachar, Barbulescu, Dzankic,
Bauböck, Owen, Swoboda).
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