golden passport

Malta’s Golden passports to be replaced with broader citizenship-by-merit

Malta’s so-called golden passport scheme will be scrapped, while a citizenship-by-merit system will be expanded and strengthened, the government has announced. The proposed amendment to the Citizenship Act – Chapter…

Read More Here

UAE-Based Second Passport Holders Face Growing Uncertainty Amid Global Crackdown

Thousands of UAE residents who invested in Citizenship by Investment (CBI) programmes across the Caribbean, Africa, and Asia now face mounting uncertainty as Western governments tighten scrutiny of such schemes.…

Read More Here

Cyprus to revoke 10 more passports issued under discredited citizenship scheme

NICOSIA, Oct 12 (Reuters) - Cyprus on Wednesday said it would strip citizenship from 10 individuals, among thousands who benefited from a cash-for-passports scheme which collapsed under accusations of corruption…

Read More Here

UPDATED: EU takes Malta to court over golden passport programme

BRUSSELS/VALLETTA, Sept 29 (Reuters) - The European Commission said on Thursday it would file a legal challenge against Malta for its so-called golden passport programme that allows wealthy foreigners to…

Read More Here

Cyprus cash-for-passports scheme rife with tax failings -audit

NICOSIA, Aug 22 (Reuters) - A cash-for-passports scheme discontinued by Cyprus in 2020 after a political furore cost the state hundreds of millions of euros in lost revenues from misdirected…

Read More Here

Cyprus to revoke passports of four sanctioned Russians

NICOSIA, April 7 (Reuters) - Cyprus will revoke the passports of four sanctioned Russians who had received citizenship under an investment scheme discontinued in late 2020, government sources said on…

Read More Here

Bulgaria scraps ‘golden passports’ scheme

SOFIA, March 24 (Reuters) - Bulgaria's parliament scrapped a 'golden passports' scheme on Thursday that allowed wealthy foreigners to buy citizenship in the European Union country if they invested as little as…

Read More Here

EP overwhelmingly votes in favour of report calling for golden passports ban

The European Parliament has overwhelmingly approved a legislative initiative report calling on the Commission to ban golden passports, as the citizenship-by-investment schemes are commonly known. 595 MEPs from across the…

Read More Here

In a first, EU to suspend visa-free travel for ‘golden passport’ country

BRUSSELS (Reuters) - The European Commission proposed on Wednesday a suspension of a visa-free travel agreement with the Pacific archipelago of Vanuatu because of its scheme offering passports to rich…

Read More Here