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First report 1h ago•Last update 1h ago

Latvia's 'Golden Visa' Scheme Under Scrutiny Amid Citizenship Scandal

A controversy involving the granting and subsequent revocation of Latvian citizenship to an Indian citizen has brought the country's 'golden visa' scheme into the spotlight.

Background

Several European Union countries operate 'golden visa' or 'citizenship by investment' schemes, offering residency or citizenship in exchange for significant investments. These programs have faced scrutiny from the EU and international bodies due to concerns about money laundering, corruption, and security risks, prompting ongoing debates about their future.

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Latvia's 'Golden Visa' Scheme Under Scrutiny Amid Citizenship Scandal

First report 1d agoLast update 6h ago
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