Abela Advocates
Politics & Society
End Corruption! EU Parliament Demands Ban on Golden Passport Schemes
On 9 March 2022, the EU Parliament has voted overwhelmingly to end the practice of EU countries selling "citizenship by investment" (CBI). Many wealthy Russians have received EU passports in exchange for significant investments (and payments to local officials and politicians). Members of the EU Parliament voted 595 for, 12 against, and with 74 abstentions to end the Golden Passport schemes.
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