The European Commission is calling on EU states to take immediate action on golden visa schemes as these "threaten security and facilitate corruption" particularly in view of the Russia-Ukraine war.
Members of the European Parliament are calling for a ban on the so-called “golden passport” schemes, which they say “pose several serious security risks”.
A series of changes and revisions on EU rules for short-stay visas have gone into effect in efforts to tighten security, and facilitate tourism and trade.
Greece has announced a non-dom program that foresees offering foreign nationals the chance - by investing in Greece - to avoid paying taxes in their own country.
Aiming to bring in much-needed revenue, the Greek government is examining ways to expand the current golden visa scheme to include investments in shares and bonds.
