I have been reading a lot of passport purchases stuff but what does exactly means "buy passports"?
Hi Cyberbadger, thank you for your interest.
In the SelfKey marketplace you can apply for citizenship by investment, which in layman terms means to buy a passport.
Citizenship by investment are programs launched by countries which offer citizenship in exchange of a donation to the Government, buying real estate in the country, making a bank deposit or starting a business, among others. It is a tool that some small countries use to raise funds.
This means that if you buy real estate or make a donation you can get a Passport of this country.
A second passport is one of the most powerful freedom tools, as provides benefits such as travel freedom, residency, banking, business opportunities, low taxes, and the most important a worst-case insurance.
Think about a Chinese Businessman who is constantly traveling for his business, Chinese have only visa-free to Indonesia, Morocco, Ecuador and a few small countries. This means that for each travel, he has to personally go to an embassy to apply for a visa, which may lasts 3-4 days and sometimes more than 1 week. This is painful.
If he gets a Maltese passport, he can travel to more than 150 countries visa free, including Schengen Area, United States and Canada.
A second passport can change his life, and this is only in travel freedom terms.
Imagine that there is a strong financial crisis, or in the worst case a war, if you have a second passport, you can easily move and start a new life in other place. Think of all of refugees if they had a second passport, their life could change a lot.
However, citizenship by investment applications are document intensive and usually involve several middle-man. Here is where SelfKey stands out: with SelfKey you can get all your identity documents easily and quickly certified and instantly share them with a local lawyer who is authorised to process your application. Things that currently may need a month can be done in a matter of days with SelfKey. Also, as going directly to a local lawyer, applicants avoid fees of maybe 3 or 4 middle man.
At the marketplace demo you can get an idea of the Passports you will be able to buy through SelfKey:
http://alpha.selfkey.org/marketplace/passportshere you can find real estate investments that will lead you to citizenship:
https://alpha.selfkey.org/marketplace/realestate/Here it is a press release announcing a partnership between SelfKey and one renowned Citizenship by investment authorized agents:
https://imidaily.com/editors-picks/ntl-trust-selfkey-partner-process-cip-applications-blockchain/If you have any other questions, let me know, I suggest to join our telegram
http://t.me/selfkeyfoundation for a live conversation.