The pros and cons of ius pecuniae: investor citizenship in comparative perspective

The aim of this paper is to look at economic aspects of citizenship and compare states offering naturalisation to investors. By analysing different investor citizenship programs, the paper highlights the normative tension between those states that seek to maximize their economic utility and grant citizenship to investors by waiving all other naturalisation requirements, and those that uphold genuine ties with the polity as the core of citizenship by retaining them.