🇪🇺 We have long campaigned for a European approach to investor citizenship schemes, also referred to as “golden passports” or “golden visas”. We do not believe it is acceptable for wealthy people, through large investments, to be able to buy their way to EU citizenship and skip immigration queues faced by everyone else.
🛂 The golden visa system is not only shamefully unfair, it’s also vulnerable to corruption and creates security threats.
🇨🇾 🇲🇹 We therefore strongly welcome the action taken by the European Commission today, with the launch of infringement procedures against Cyprus and Malta. Golden passports undermine European values and the essence of EU citizenship.
But what are golden visas? We explain it in the video above.
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