Caribbean countries are selling citizenship for as low as 100,000 here's how the ultra-wealthy are cashing in to avoid pandemic travel restrictions

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Secondary passports are in high demand as the coronavirus pandemic causes travel restrictions around the world.

In the Caribbean, some nations are offering steep discounts to bring in extra revenue amid a cash crunch.

Passport buying has shifted from simple vacations to riding out the virus, experts say.

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Caribbean island countries have long offered passports to wealthy foreigners in exchange for a sometimes steep monetary investment, but facing a cash crunch and a surge in interest, there are deals to be had.

Through December 1, the island nation Saint Kitts and Nevis is selling a four-person family package for 150,000 down from 190,000, in exchange for a minimum real-estate purchase of 200,000 that must be held for at least seven years.See the rest of the story at Business InsiderNOW WATCH: A cleaning expert reveals her 3-step method for cleaning your entire home quicklySee Also:8 ways I'm road tripping differently in the age of coronavirusTesla's stock keeps ripping higher helping Elon Musk get even closer to his 2nd 1.8 billion paydayUnited Airlines will warn 36,000 workers of possible layoffs more than a third of its entire workforce

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