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 […]
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 […]
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
Photo source: @Athens Attica Greece’s golden visa program, which grants five-year residency rights to investors who purchase property valued at a minimum of 250,000 euros, is attracting more buyers due to political and economic instability in their countries, Greek newspaper Kathimerini reports. Residents of Turkey, Lebanon, India, Iran and Russia are












