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Prijaté on 10/12/2003
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404 - Dec 10, 2003

European Monitoring Centre on Racism and Xenophobia


Nationality is a bond between a citizen and a state, whether by birthright or by naturalisation. However, in recent years several EU Member States have set up investor citizenship and residence schemes to attract investment. According to an opinion adopted by the European Economic and Social Committee (EESC) at its October plenary session, this practice poses serious risks and should be banned in all EU Member States.