Golden Passports and Visas are losing their shine
Finshots Daily
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Golden Passports and Visas Losing Shine
Golden passports and visas, often acquired through significant financial investments, offer the advantage of visa-free access to numerous countries. However, such programs are losing their appeal due to a variety of reasons, such as increased scrutiny on money laundering, tax evasion, and security risks associated with these schemes. Despite the perks these programs provide in terms of travel freedom, the diminishing allure of such citizenship-for-investment programs is becoming apparent.
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