"Live there?" Where is that? You can't live in a nation; it's not a place, but rather a set of people, of which you can be a member. You can live in a country. A nation doesn't imply a country; nations can be displaced. Furthermore, having a certain nationality which is tied to a country doesn't mean being a resident of that country. Perhaps not all 160,000 people want to actually live in that country; maybe some only want the nationality. If this new nation has very relaxed rules about residency for maintaining nationality, they might not even have to visit there very much, if at all.