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Description

Over the past decades a growing number of countries have offered citizenship or residence in return for a donation or investment. Taking a multi-disciplinary approach to the study of this phenomenon, this open access collection examines its legal, political, and conceptual implications.

The volume consists of four parts. The first part documents recent trends in investment migration and seeks to understand its implications for our understanding of the concept of citizenship. The second part provides a legal and normative assessment of investment migration, from the perspective of both EU and international law. The third part presents case studies of investment migration practices in countries from around the world, including from jurisdictions that have so far remained under-researched. The fourth part deals with the specific EU legal-political context and also engages with the case launched by the European Commission against Malta.

The book assembles the leading experts in the field and offers a rigorous and balanced analysis of this sometimes controversial field.

The ebook editions of this book are available under a CC BY-NC-ND 4.0 licence on bloomsburycollections.com. Open access was funded by Central European University.

Table of Contents

I. Investor migration: Recent trends and context

1. Global Citizenship 2.0 – The Growth of Citizenship by Investment Programs
Kristin Surak, London School of Economics, UK

2. New-generation Skilled Migration Policies and the Changing Fabric of Membership: Talent as Output and the Headhunting State
Francesca Strumia, University of Sheffield, UK

3. Citizenship Quality as a Tool to Explain the Growth of CBI Industry
Dimitry Kochenov, Central European University and University of Oxford, UK

4. Investment Residence and Citizenship: Approaches to Defining Success
Madeleine Sumption, University of Oxford, UK

5. Citizenship by Investment and Residency by Investment: Just the Tip of the Iceberg? The Pervasiveness of Financial Considerations in Contemporary Citizenship and Migration Laws
Odile Ammann, University of Zürich, Switzerland

II. Legal and Normative Perspectives on Investor Migration

6. Nottebohm and 'Genuine Link': Anatomy of a Jurisprudential Illusion
Peter J. Spiro, Temple Law School

7. Investment Migration and State Autonomy: A Quest for the Relevant Link
Matjaž Tratnik & Petra Weingerl, University of Maribor, Slovenia

8. EU Competence and the Attribution of Nationality in Member States
Daniel Sarmiento, Complutense University, Madrid, Spain

9. Investment Residence and the Concept of Residence in EU Law
Martijn van den Brink, University of Oxford, UK

III. Investor Migration in Europe and the World

10. The Cypriot Citizenship by Investment Programme as a Way to Cope with the Economic Crisis
Stéphanie Laulhé Shaelou, UCLAN Cyprus Law School and
Katerina Kalaitzaki, University of Edinburgh, School of Law

11. Investment Residence in the UK: Past and Future
Alina Tryfonidou, University of Reading, School of Law, UK

12. Wealth Influx, Wealth Exodus: Investment Migration from China to Portugal
Luuk van der Baren, European University Institute and
Hanwei Li, University of Liege

13. The Re-Invention of Investment Immigration in Canada and Constructions of Canadian Citizenship
Miriam Cohen, Lakehead University, Canada

14. 'Internal' Investment Migration: The Case of Investment Migration from Mainland China to Hong Kong
Qishi Fu, Private practice, Hong Kong

15. Why Some Countries Have More Billionaires Than Others? Explaining Variety in the Billionaire Intensity of GDP
Vladimir Popov, DOC Research Institute, Berlin

Product details

Published 26 Jun 2025
Format Hardback
Edition 1st
Extent 456
ISBN 9781509955220
Imprint Hart Publishing
Dimensions 244 x 169 mm
Publisher Bloomsbury Publishing

About the contributors

Anthology Editor

Dimitry Kochenov

Dimitry Kochenov is Professor and Head of Rule of…

Anthology Editor

Madeleine Sumption

Madeleine Sumption is the Director of the Migratio…

Anthology Editor

Martijn van den Brink

Martijn van den Brink is Assistant Professor of La…

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