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To: Maurice Winn who wrote (79747)9/17/2011 9:24:07 AM
From: arun gera3 Recommendations  Read Replies (1) | Respond to of 218898
 
>We can't derive the value of a Tradable Citizenship from the current H1 salary difference between imports and locals.>

You made a statement that companies would be willing to pay $1 million for a tradable citizenship to get a whiz kid from another country to work for them. In real life, companies rarely see the potential value of many whiz kids available in the market. Many a time, the whiz kid has to pay their own way and fight for their own cases to get the permanent residency. I know of a case of a Co-Founder whose company sold for 100+ million and yet she is on an H-1 visa after 10+ years in USA.

Unless you completely block all other visa schemes and do not allow current citizens to sell their citizenships in the same market, the prices of tradable citizenships are not going to rise to the levels you are expecting.

The majority of migrants come to look for jobs available in the near future and not for the ancillary benefits the state provides (even though the lifetime pricing of those in stable countries may be as large as you project).

-Arun