11 Days_1777292798912_197359786.jpg&w=48&q=75)
Source:
عكس السير
Europe warns Caribbean over citizenship sales
Five countries in the Eastern Caribbean are facing pressure from the European Union to abolish citizenship-by-investment programs before June 2028; otherwise, they will lose their citizens' right to travel visa-free to Schengen countries. These nations rely heavily on revenue from selling citizenships, which constitute a significant portion of their economic income and help fund development projects and infrastructure. The Europeans are concerned about the potential misuse of these programs for forgery and money laundering, while the governments affirm that these programs are vital for their fragile economies, especially in facing economic challenges and climate change. Negotiations between the two sides are ongoing in an effort to reach a compromise that balances security and development.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)