
Golden Visa schemes allow foreign nationals to acquire citizenship or residency in exchange for a significant financial investment, often in real estate or government bonds. Proponents argue these programs attract billions in foreign direct investment (FDI), rescuing struggling economies—like Portugal and Greece after the financial crisis—without burdening taxpayers. Opponents, including the European Commission, argue that "selling passports" undermines the essence of EU citizenship, poses severe security risks regarding money laundering and corruption, and inflates housing prices, pushing locals out of their own cities.
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