EU Calls for Crackdown on ‘Golden Passports’ for Big Investors

EU Calls for Crackdown on ‘Golden Passports’ for Big Investors
A British passport in front of the flag of the European Union. Matt Cardy/Getty Images
Tom Ozimek
Tom Ozimek
Reporter
|Updated:

European Union officials are calling on member countries to tighten checks on non-EU nationals who obtain citizenship or residency through investment, in a crackdown on so-called “golden passport” or “golden visa” schemes.

Europe’s executive branch—the European Commission—presented on Jan. 23 a first-ever comprehensive report on the arrangements, said to be problematic because their design could potentially allow criminals to gain unfettered access to all countries of the European Union.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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