EPP MEPs say Golden Visas undermine fight against dirt money

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EPP MEPs say Golden Visas undermine fight...
 © BusinessMail 2018
By Stelios Orphanides

Two members of the European Parliament (MEPs) of the European People’s Party (EPP) group, in which the ruling Disy is a member of, have criticised the Golden Visa, a practice applied by Cyprus and other European Union member states, for undermining the fight against corruption and money laundering.

The Golden Visa schemes, which allow investors to acquire citizenship or a residence permit in a member state, also allow “the rich to escape sanctions or launder money,” said Dariusz Rosati, a MEP from Poland and EPP group spokesman in the European...


This article was automatically added to our system 31-5-2018

EPP MEPs say Golden Visas undermine fight against dirt money


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