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Investment migration: trends, advantages, standards

Motion for a resolution | Doc. 14441 | 15 November 2017

Mr Boriss CILEVIČS, Latvia, SOC ; Lord Donald ANDERSON, United Kingdom, SOC ; Mr Volodymyr ARIEV, Ukraine, EPP/CD ; Lord Richard BALFE, United Kingdom, EC ; Ms Eka BESELIA, Georgia, SOC ; Ms Gülsün BİLGEHAN, Turkey, SOC ; Mr José CEPEDA, Spain, SOC ; Mr Titus CORLĂŢEAN, Romania, SOC ; Mr Paolo CORSINI, Italy, SOC ; Mr Şaban DİŞLİ, Turkey, EPP/CD ; Mr Pierre-Alain FRIDEZ, Switzerland, SOC ; Ms Alina Ștefania GORGHIU, Romania, EPP/CD ; Mr İlhan KESİCİ, Turkey, SOC ; Ms Nellija KLEINBERGA, Latvia, ALDE ; Mr Haluk KOÇ, Turkey, SOC ; Mr Emanuel MALLIA, Malta, SOC ; Mr Arkadiusz MULARCZYK, Poland, EC ; Mr Aleksander POCIEJ, Poland, EPP/CD ; Mr Frank SCHWABE, Germany, SOC ; Mr Virendra SHARMA, United Kingdom, SOC ; Mr Damien THIÉRY, Belgium, ALDE ; Mr Mart van de VEN, Netherlands, ALDE ; Mr Evangelos VENIZELOS, Greece, SOC ; Mr Morten WOLD, Norway, EC ; Mr Jordi XUCLÀ, Spain, ALDE

Investment migration has acquired a new scale of prominence in Europe over the last 10 years. Since then, many States, including member States of the Council of Europe and also the European Union, have adopted immigrant investor programmes which offer the right of residence and even citizenship in return for investments in businesses, the banking sector, real estate, or a donation to the country concerned. As a rule, the immigrant investor programmes are designed to ensure a contribution to the welfare, job-creation, and economic development of the country in which investors wish to settle.

Investment migration is growing fast and increasingly shapes the profile of migration in Europe. Self-regulatory mechanisms aimed at ensuring the necessary transparency and due diligence are being developed by the companies and the industry associations involved in this area.

In the meantime, international organisations have so far paid little attention to this area. Therefore, the Parliamentary Assembly decides to conduct a study of investment migration, in particular, with the aim of disseminating good practice.