Tag: Abela Advocates

Thank you! EU Parliament demands a ban on Golden Passport schemes!

Corruption Ben - March 10, 2022

On 9 March 2022, the EU Parliament has voted overwhelmingly to end the practice of EU countries selling "citizenship by investment" (CBI). It comes in the wake of Russia's invasion of Ukraine with many wealthy Russians having received EU passports in exchange for significant investments (and payments to local officials and politicians). Members of the European Parliament in Strasbourg on Wednesday voted 595 for, 12 against and with 74 abstentions to end the so-called ‘golden passport'

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