The island of St. Kitts and Nevis has been in economic danger since the falling in the price of sugarcane, the islands main export for decades. To make up for losses, the island has now started to sell citizenship for a reasonable 250,000 dollars. What is the appeal? The island allows its citizens to travel visa free to over one hundred different nations including Canada and all of Europe. Citizens are also exempt from personal income taxes, and the island is perfect for serving as a safe haven for a desired quick move. To date, the process seems to appealing to many people. One man from Chicago has already filed for his dual citizenship as he feared the Occupy Movement would eventually turn into riots. This is however, not the only country trying this method out. Austria is now said to be in talks of offering citizenship for money as well. Important to note, however, is that the 250,000 dollars goes towards the sugar cane industry on the island. More specifically, to the retired workers.
By: Tyler Lundquist
http://www.msnbc.msn.com/id/46359336/ns/world_news/
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