In 2006, as the government of St. Kitts and Nevis was winding down its ailing sugar industry, a slight, wiry Swiss man with thick eyebrows and a brooding manner arrived on the scene. His name was Christian Kälin, and through his company, Henley & Partners, which helps wealthy people obtain second or third citizenships and residence permits, he proposed restructuring the islands’ “citizenship-by-investment” program.
The Passport Bubble
