There are many independent nations all over the world. They constitute their legislation regarding citizenship. Thus, it is not easy for you to change your nationality.
But, some nations offer a door to enter. Nowadays, you can buy your citizenship in ten particular nations. Malta is one of such friendly countries.
In addition, you can travel to more than 180 nations without a visa when possessing the passport of Malta. Therefore, some rich people who are fond of foreign sightseeing are eager to get the passport.
News.com.au: Why the world’s wealthiest people are desperate for this passport
Earning foreign currency is one of the most significant issues for every nation. Each nation sells their unique products. And they are not limited to actual objects. For instance, Taiwan has offered airports for the transit. People not intending to visit Taipei stay at Taipei for a couple of hours. They take a meal and even buy a souvenir.
Furthermore, some nations are known as a tax haven. Rich people are annoyed by the high tax rate in their mother country. Not a few people want to move their base to Panama, for example, to reduce the tax payment.
As well, almighty passport looks attractive for some rich people. For the third nations, travelers with such a passport are guaranteed to be rich enough to get the luxury passport. Accepting such travelers seems beneficial for the host nations. It will potentially be a win-win solution.
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