
National regulators are cracking down on visa schemes as they take a closer look on links between the programmes, tax evasion and organised crime. However, countries are reluctant to give up this scheme as the golden visa programmes have grossed €25bn in the last decade just in Europe. The scheme grants residency permits and even citizenship to non-EU citizens in return of money and investment. the Organisation for Economic Cooperation and Development (OECD), has blacklisted a total of 21...
To continue reading this article...
Join International Investment
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes