Showing results by author "Atossa Araxia Abrahamian" in All Categories

A globe shows the world we think we know: neatly delineated sovereign nations that grant or restrict their citizens’ rights. Beneath, above, and tucked inside their borders, however, another universe has been engineered into existence. It consists of thousands of extraterritorial zones that operate largely autonomously, and increasingly for the benefit of the wealthiest individuals and corporations. Atossa Abrahamian traces the rise of this hidden globe to thirteenth-century Switzerland, where poor cantons marketed their only commodity.

The buying and selling of citizenship has become a legitimate, thriving business in just a few years. Entrepreneurs are renouncing America and Europe in favor of tax havens in the Caribbean with the help of a cottage industry of lawyers, bankers, and consultants that specialize in expatriation. But as journalist Atossa Araxia Abrahamian discovered, the story of 21st century citizenship is bigger than millionaires buying their second or third passport.