Chris Kälin`s company earned a 10% commission on each transaction, and he later duplicated this model in other nations, such as Grenada.

Kälin turned the pay for passport industry into a multibillion dollar market. In 2014, over $2B of them were bought.

The passports provided access to 132 countries and exempted holders from capital gains taxes.

This citizenship program produced hundreds of millions in revenue from nothing for the island.

A passport package that lets wealthy individuals buy citizenship for $250,000 without ever visiting the island

He discovered a chance on a modest Caribbean island named St. Kitts & Nevis. The nation was grappling with significant crime and scant development until Chris Kälin introduced his brilliant idea: