Current Affairs · International Reports & Transparency
According to reports by Transparency International, what is the major concern associated with the European Union's 'golden passport' and citizenship-by-investment visa schemes?
- 1They overly promote international tourism via relaxed and uncontrolled visa regulations
- 2They enable corrupt individuals to exploit citizenship and residency systems for personal illicit gain and money laundering✓
- 3They overly accelerate rich cultural exchange programs across member states of the EU
- 4They systematically restrict legal migration channels and hamper domestic employment growth
Correct answer
They enable corrupt individuals to exploit citizenship and residency systems for personal illicit gain and money laundering
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