Countries across Europe are scrapping their ‘golden visa’ schemes citing security risks and inflated house prices.
But the bans have received a mixed reception – especially in Portugal, which proposed an end to its scheme in February.
So do golden visas help or hurt local people?
What are golden visas and why are they controversial?
Golden visas offer residency by investment to wealthy individuals. In some cases, applicants need to bring value by starting a business in the country, while in others they are required to make a direct investment, often into property.
Those who apply for the schemes may be seeking to pay lower taxes or to gain a better quality of life
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