investors: The campaign groups studied four EU member states that sell passports and 12 that offer residency rights to foreign investors, according to The Guardian. Spain, Hungary, Latvia, Portugal and the UK have granted the most golden visas to investors and their families. The European Union had gained nearly 100,000 new residents and 6,000 new citizens in the last decade through poorly managed residency and passport sale schemes that were shrouded in secrecy a report by Transparency International and Global Witness says. But some of the EU's smallest countries, Cyprus and Malta, earned the biggest sums relative to the size of their economies. After the Salisbury poisonings, allegedly by Russian spies, the UK is considering restrictions on its tier one investor visa in an effort to curtail the influence of the Kremlin. Most countries reveal limited details about the schemes, but a series of leaks have thrown light on the buyers, from the Brazilian business executive caught in a corruption scandal who obtained a Portuguese golden visa to the Russian oligarchswho acquired Cypriot passports.
(news.financializer.com). As
reported in the news.
Tagged under investors, passports topics.