Today, the European Parliament’s TAX3 cross-party committee adopted a damning report calling for Golden Visa schemes to be phased out. The vote was nearly unanimous, and follows the Commission’s recognition of the serious security and corruption risks the schemes create for Member States. Parliament’s announcement here.
In response, Rachel Owens, Head of EU Advocacy at Global Witness said:
“With the European Parliament’s cross-party committee voting overwhelmingly to condemn the sale of European passports and visas, they join the Commission in recognising the risk of these schemes granting EU-wide safe haven to the corrupt. It is now time for the Commission and Member States to suspend the sale of golden visas until they can prove they will no longer expose EU citizens to criminality. This clear consensus should focus minds ahead of EU elections, and make sure Europe is not longer courting such huge security and corruption risks.”
You might also like
BriefingHow mismanaged ‘Golden Visa’ schemes are enabling corruption on an unprecedented scale, and what EU institutions must do about it
Blog postOur EU office has only been running for a year, but it’s already been full steam in our quest for EU policies and laws that work for people and planet.
Blog postWe want to send a clear message to those parties, candidates and countries preparing for the European Elections: tackling corruption and damage done to people and planet must be front of mind.