{"id":6629,"date":"2013-02-05T03:01:03","date_gmt":"2013-02-05T08:01:03","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=6629"},"modified":"2013-02-05T03:01:03","modified_gmt":"2013-02-05T08:01:03","slug":"the-eurozones-struggling-economies-are-increasingly-selling-citizenship-to-raise-much-needed-capital-europp","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/05\/the-eurozones-struggling-economies-are-increasingly-selling-citizenship-to-raise-much-needed-capital-europp\/","title":{"rendered":"The eurozone\u2019s struggling economies are increasingly selling citizenship to raise much needed capital. &#124; EUROPP"},"content":{"rendered":"<p>How far should countries go to encourage foreign investment? Jelena Dzankic writes that in a time of economic crisis, some countries in Europe are now seeking investment in exchange for citizenship. Assessing recent developments in Bulgaria, Hungary, Portugal and Ireland, she argues that despite the obvious financial benefits to such policies, they are not without risks. They may raise the potential for tax evasion and security issues, and could also reduce the relationship between the individual and the state to that of a business contract.<\/p>\n<p>Read more at\u00a0 <a href=\"http:\/\/blogs.lse.ac.uk\/europpblog\/2012\/12\/17\/selling-citizenship-jelena-dzankic\/\">The eurozone\u2019s struggling economies are increasingly selling citizenship to raise much needed capital. | EUROPP<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>How far should countries go to encourage foreign investment? Jelena Dzankic writes that in a time of economic crisis, some countries in Europe are now seeking investment in exchange for citizenship. Assessing recent developments in Bulgaria, Hungary, Portugal and Ireland, she argues that despite the obvious financial benefits to such policies, they are not without &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/05\/the-eurozones-struggling-economies-are-increasingly-selling-citizenship-to-raise-much-needed-capital-europp\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The eurozone\u2019s struggling economies are increasingly selling citizenship to raise much needed capital. &#124; EUROPP&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33],"tags":[698,1295,1438],"class_list":["post-6629","post","type-post","status-publish","format-standard","hentry","category-uk-europe-countries-regions","tag-citizenship","tag-euro-zone","tag-foreign-investment"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The eurozone\u2019s struggling economies are increasingly selling citizenship to raise much needed capital. &#124; EUROPP - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The eurozone\u2019s struggling economies are increasingly selling citizenship to raise much needed capital. &#124; EUROPP - the patient investor\" \/>\n<meta property=\"og:description\" content=\"How far should countries go to encourage foreign investment? Jelena Dzankic writes that in a time of economic crisis, some countries in Europe are now seeking investment in exchange for citizenship. Assessing recent developments in Bulgaria, Hungary, Portugal and Ireland, she argues that despite the obvious financial benefits to such policies, they are not without &hellip; Continue reading &quot;The eurozone\u2019s struggling economies are increasingly selling citizenship to raise much needed capital. &#124; EUROPP&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/05\/the-eurozones-struggling-economies-are-increasingly-selling-citizenship-to-raise-much-needed-capital-europp\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2013-02-05T08:01:03+00:00\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/05\\\/the-eurozones-struggling-economies-are-increasingly-selling-citizenship-to-raise-much-needed-capital-europp\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/05\\\/the-eurozones-struggling-economies-are-increasingly-selling-citizenship-to-raise-much-needed-capital-europp\\\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"The eurozone\u2019s struggling economies are increasingly selling citizenship to raise much needed capital. &#124; EUROPP\",\"datePublished\":\"2013-02-05T08:01:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/05\\\/the-eurozones-struggling-economies-are-increasingly-selling-citizenship-to-raise-much-needed-capital-europp\\\/\"},\"wordCount\":118,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"keywords\":[\"citizenship\",\"euro-zone\",\"foreign investment\"],\"articleSection\":[\"UK &amp; Europe\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/05\\\/the-eurozones-struggling-economies-are-increasingly-selling-citizenship-to-raise-much-needed-capital-europp\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/05\\\/the-eurozones-struggling-economies-are-increasingly-selling-citizenship-to-raise-much-needed-capital-europp\\\/\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/05\\\/the-eurozones-struggling-economies-are-increasingly-selling-citizenship-to-raise-much-needed-capital-europp\\\/\",\"name\":\"The eurozone\u2019s struggling economies are increasingly selling citizenship to raise much needed capital. &#124; EUROPP - the patient investor\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\"},\"datePublished\":\"2013-02-05T08:01:03+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/05\\\/the-eurozones-struggling-economies-are-increasingly-selling-citizenship-to-raise-much-needed-capital-europp\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/05\\\/the-eurozones-struggling-economies-are-increasingly-selling-citizenship-to-raise-much-needed-capital-europp\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/02\\\/05\\\/the-eurozones-struggling-economies-are-increasingly-selling-citizenship-to-raise-much-needed-capital-europp\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/thepatientinvestor.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The eurozone\u2019s struggling economies are increasingly selling citizenship to raise much needed capital. &#124; EUROPP\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters. Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis. Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008\\\/2009 and 2020 bear markets well ahead of actual events. 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While in some parts of Switzerland these decisions are made by elected representatives, in other municipalities individual applications are subject to a public referendum. Dominik Hangartner and Jens Hainmueller assess the impact of\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6298,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/28\/the-eurozones-double-dip-recession-is-entirely-self-made-europp\/","url_meta":{"origin":6629,"position":1},"title":"The eurozone\u2019s double-dip recession is entirely self-made. &#124; EUROPP","author":"Colin Twiggs","date":"November 28, 2012","format":false,"excerpt":"Good comparison of relative unit labor costs for EZ countries in this article by Paul De Grauwe. Germany is lowest at 85-90. Greece and Portugal highest at 110-115, with Italy, Spain and Belgium next at 105-110. Ireland has made the most spectacular recovery, falling to 95 from a high 115-120\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6906,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/08\/quantitative-easing-does-not-address-the-fundamental-problems-underpinning-struggling-western-economies-europp\/","url_meta":{"origin":6629,"position":2},"title":"Quantitative easing does not address the fundamental problems underpinning struggling western economies. &#124; EUROPP","author":"Colin Twiggs","date":"March 8, 2013","format":false,"excerpt":"John Doukas questions the benefits of quantitative easing: ...excessive money supply fails to increase real economic activity because it raises the labour cost while it lowers the cost of capital. Depressing yields at home, as a result of quantitative easing, in an open economy setting, leads yield-seeking investors into higher-risk\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6514,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/12\/19\/cutting-taxes-is-a-largely-ineffective-strategy-for-attracting-foreign-investment-europp\/","url_meta":{"origin":6629,"position":3},"title":"Cutting taxes is a largely ineffective strategy for attracting foreign investment &#124; EUROPP","author":"Colin Twiggs","date":"December 19, 2012","format":false,"excerpt":"Aidan Regan writes: The Irish have the second best trade surplus in the eurozone, and productivity per worker is three times higher than Germany..... The truth of this fairy-tale is that US multinational corporations are engaged in transfer pricing. They locate profits in Ireland to take advantage of the low\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6325,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/12\/03\/noam-chomsky-europes-policies-make-sense-only-on-one-assumption-that-the-goal-is-to-try-and-undermine-and-unravel-the-welfare-state-europp\/","url_meta":{"origin":6629,"position":4},"title":"Noam Chomsky: \u201cEurope\u2019s policies make sense only on one assumption: that the goal is to try and undermine and unravel the welfare state.\u201d &#124; EUROPP","author":"Colin Twiggs","date":"December 3, 2012","format":false,"excerpt":"Noam Chomsky in an interview with EUROPP editors Stuart A Brown and Chris Gilson: Europe\u2019s policies [austerity during a recession] make sense only on one assumption: that the goal is to try and undermine and unravel the welfare state. And that\u2019s almost been said. Mario Draghi, the President of the\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13249,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/05\/08\/the-titillating-and-terrifying-collapse-of-the-dollar-again-michael-pettis\/","url_meta":{"origin":6629,"position":5},"title":"The titillating and terrifying collapse of the dollar. Again. | Michael Pettis","author":"ColinTwiggs","date":"May 8, 2016","format":false,"excerpt":"Michael Pettis explains why the US dollar as reserve currency is a burden rather than a privilege for the US: Historically, neither Europe nor Japan, and certainly not China, have been willing to permit foreigners to purchase significant amounts of government bonds for reserve purposes. When the PBoC tried to\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/6629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=6629"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/6629\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=6629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=6629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=6629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}