European Commission expresses concerns on non-EU Citizenship Programs with Visa-Free Schengen Access
In a bid to strike a harmonious balance between global mobility and responsible citizenship, the European Union is contemplating a review of its visa policies for countries that offer investor citizenship programs. This initiative, rather than being punitive, underscores the EU's commitment to fostering responsible investment citizenship and enhancing the potential benefits it can bring to both the participating countries and the European Union as a whole.
With an eye on promoting responsible investment, the EU acknowledges the value of investor citizenship programs in attracting capital and talent to member states. The aim is to encourage nations offering these programs to uphold high standards of due diligence, transparency, and integrity in their citizenship-granting processes.
By considering the implications of this visa policy review, it becomes evident that the EU is working toward ensuring that visa-free travel remains an accessible pathway for individuals who invest in the EU through these programs. In doing so, the EU seeks to strengthen the relationship between member states and countries offering investor citizenship, cultivating an environment where mobility and responsible investment citizenship coexist to everyone's advantage.