WARSAW—So-called golden passport schemes have put Europe’s security at risk by letting states sell citizenship or residency to potentially dangerous individuals, the EU justice commissioner has warned.
The programs, known formally as citizenship or residency by investment (CBI/RBI), are “problematic” because while they may let countries attract legitimate foreign investors, their poor design allows potential criminals to gain unfettered access to all countries of the European Union, Věra Jourová said.