Citizenship

EU sees crime risks from Malta, Cyprus schemes to sell passports

The European Commission will warn that schemes in some EU countries that allow wealthy foreigners to buy citizenship or residency could raise risks of money laundering, corruption and tax evasion.

The warnings are included in a draft report, seen by Reuters, that is expected to be published on Wednesday by the European Union's executive.

More working-age Greeks living in other EU countries, data show

The share of Greek nationals aged 20 to 64 living in other countries of the European Union rose to 6 percent in 2017 from 4.7 percent in 2007, data from Eurostat have shown.

In contrast, the share of Cypriot nationals residing abroad decreased from 7.1 percent in 2007 to 3.9 percent in 2017.

Pages