✉news WorldEU Politics first seen 16 h ago, last 4 h ago, peak #5
EU tells small island states to stop selling passports by 2028
Original: European Union tells small islands to cease selling passports by 2028 or else
The European Union has told small island nations that sell citizenship through investment schemes, often called golden passports, to end the practice by 2028 or face consequences such as visa-free travel restrictions. The bloc argues such programmes pose security and money-laundering risks by allowing outsiders to obtain passports with little scrutiny. Caribbean and Pacific states that rely on the schemes for revenue are expected to resist or seek negotiations.
Why now: The EU has set a firm 2028 deadline threatening visa consequences for island states whose economies depend heavily on citizenship-by-investment revenue.
European UnionCaribbean statesDominicaSaint Kitts and NevisVanuatu
Evidence
- European Union tells small islands to cease selling passports by 2028 or else · caribbeanlife.com
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