Citizenship And Residency Programmes Based On Investment In The EU
Welcome To Our Blog Citizenship and residency programmes based on investment in the EU This document outlines the legislative measures in all 28 European Union (EU) Member States that may result in the immediate acquisition of citizenship or residency rights by a monetary donation. It considers the obvious clash between the virtues inherent in EU citizenship and the frameworks it enables for nations to commodify their membership by trading it for investment. The paper's conclusion analyses the implications of investor citizenship and golden residency programmes in the larger EU context. Introduction In mid-January 2014, the European Parliament convened a discussion titled "EU citizenship for sale" to explore programmes implemented by European Union Member States that give either residency or citizenship in exchange for investment. The controversy was prompted by Malta's decision in October 2013 to provide affluent people who invest 650,000 euros in the nation with