Europe to Crack Down on ‘Golden Visas’ Amidst Growing Concern Over Russian Interference

Golden visas, which allow wealthy businessman to effectively buy EU citizenship, are increasingly losing their shine amid growing concerns over Russian interference in European politics.
Europe to Crack Down on ‘Golden Visas’ Amidst Growing Concern Over Russian Interference
Many EU countries offer some form of cash for citizenship program. AFP/GettyImages
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BRUSSELS—Golden visas, which allow wealthy businessman to effectively buy EU citizenship, are increasingly losing their shine amid growing concerns over Russian interference in European politics.

As relations with Moscow continue to sour, most recently in the wake of the Salisbury novichok attack, the net is tightening on oligarchs as countries rethink policies which allow the oligarchs a free pass into Europe, few questions asked.