A small Caribbean nation helped popularize 'citizenship by investment' — now it's counting on it to make up for lost tourism

Reuters

• Secondary passports are in hot demand as coronavirus travel restrictions wreak havoc on tourism. 
• For tourist-dependent economies in the Caribbean, there's an opportunity. 
• Les Kahn, head of St. Kits and Nevis' "citizenship by investment" program, told Business Insider it's been key for making up lost revenue. 
• Visit Business Insider's homepage for more stories.

St. Kits and Nevis, like many of its Caribbean peers, is highly dependent on tourism revenue.

But with its borders still closed to foreigners, the small country's pioneering "citizenship by investment" program could prove even more important than it has been in the past three decades.

See the rest of the story at Business Insider

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