So let me get this straight... I send them $100,000, they will send me a “passport”?? That’s almost as awesome a deal as the fact that someone in Nigeria is sending me $500,000, all for sending him $150,000. Once I get that money wired to my account, I’m going to be all over this!!!
Since this is done by the governments of Doominica and St Kitts, it’s legal. Perfectly legal. The passports are worth well over $100K to those ‘citizens.’ And, of course, they can now travel freely into the US and in the case of St Kitts, the EU.
The net cost is much lower because part of the deal in Dominica is a required investment in some approved asset like real estate.