I wonder what will happen if people around the world can sell their citizenship.
Of course host governments have to do a background check etc and sign off on the bidders/buyers. Everybody wins, right? And I bet you can IPO 'eBay for citizenship' overnight.
Citizenship of a given country is a commodity in that piece is no differnt than any other piece, so it will be traded on an exchange and not in an auction house.
This is not much different from how Gmail invites were sold on eBay. While the invites themselves were no different from each other, auctioning helped the market find the 'fair' price.
Auction price will reflect the current supply and demand, affected by economic conditions and a million other factors. Remember that I proposing that people, not countries, sell their citizenship and move out to a country where they have bought new citizenships.
Good point. I suppose this will depend on the trade volume - no one will set up an exchange for the low-volume stuff so one arises on top of the nearest thing such as ebay. If volume is high and exchange must form tho.
Imagine the news roll: "Canadian citizenship was 5 points up today on soaring energy prices and the new healthcare proposal". Hilarious, but also kind of makes sense.
Of course host governments have to do a background check etc and sign off on the bidders/buyers. Everybody wins, right? And I bet you can IPO 'eBay for citizenship' overnight.