European Parliament votes to end golden passports and add new visa rules

Mark Battersby
clock • 3 min read

The European Parliament has voted for "new common rules to address the many problems linked to ‘citizenship/residence by investment' schemes", in a press statement below:  On 9 March MEPs adopted a legislative initiative report calling on the Commission to table a proposal by the end of its mandate. The commitment by the Commission, France, Germany, Italy, the UK, Canada, and the US to limit wealthy Russians with ties to the government from accessing ‘golden passports' was raised during Monday's debate in plenary. The text passed with 595 to 12 and 74 abstentions. Ban ‘golden pa...

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