Commission Urges EU States to Terminate ‘Golden Passport’ Schemes

By admin 29 Μαρτίου 2022 No comment

The European Commission is calling on EU states to take immediate action on “golden visa” schemes as these threaten security and facilitate corruption particularly in view of the Russia-Ukraine war. “European values are not for sale. We consider that the sale of citizenship through ‘golden passports’ is illegal under EU law and poses serious risks to […]

EU Wants to Stop Shady Golden Visa Schemes

By admin 11 Μαρτίου 2022 No comment

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MEPs ask the Commission to prepare a legislative proposal banning the sale of European citizenship and regulating “golden visas” Photo © AdS/hamzeh EU lawmakers voted on Wednesday to restrict “golden visa” schemes in efforts to tackle shady money dealings. By majority vote, MEPs called for a ban on “golden visa” programs and an EU-wide regulation on […]

MEPs Call for End of Golden Passport Schemes

By admin 16 Φεβρουαρίου 2022 No comment

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Photo source: European Parliament Members of the European Parliament are calling for a ban on the so-called “golden passport” schemes, which they said in a draft legislative initiative are “objectionable ethically, legally and economically and pose several serious security risks”. The European Parliament’s Committee on Civil Liberties, Justice and Home Affairs approved on

Greece’s Chinese Golden Visa Investors Protest

By admin 1 Σεπτεμβρίου 2020 No comment

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Chinese investors who purchased real estate in Greece under the ongoing Golden Visa program are expressing their discontent with Covid-19-related travel restrictions which do no allow them to visit their properties or to complete visa procedures. According to Greek media reports, the Sino-Hellenic Investors’ Confederation, which was launched earlier this year, said in a

Greece Seeks to Re-launch Golden Visa Program

By admin 21 Απριλίου 2020 No comment

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The Greek government is examining the re-launch of its golden visa program, which has been suspended due to the coronavirus outbreak, in an attempt to give the economy a much-needed boost after the health crisis subsides. “We are very interested in jump starting the real estate market and in this direction, we are immediately relaunching […]