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ARTICLE · 31 MARCH 2022

Recommendations To Suspend Investment Visa Schemes

Envoy Global, Inc.
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The European Commission recommended that member states of the European Union (EU) immediately repeal any existing investor citizenship schemes.

European UnionImmigration
Jessie Butchley
Jessie Butchley
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Key Points  

  • The European Commission recommended European Union member states suspend and repeal investor citizenship and visa schemes 

Overview 

The European Commission recommended that member states of the European Union (EU) immediately repeal any existing investor citizenship schemes. The Commission indicates this action is intended to ensure that checks are put in place to address concerns posed by these residence schemes. Investor citizenship schemes allow foreign nationals from outside of the EU to obtain residency in an EU country based on investment. The conditions and requirements of these schemes vary by country. For additional information on investor visa schemes, click  here.  

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