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Russia’s War Puts Europe’s ‘Golden Passports’ Under Microscope

By Clara Hernanz Lizarraga

15 Mar 2022 · 3 min read

The war in Ukraine has cast a harsh spotlight on the yachts, jets and mansions owned by Russia’s wealthiest citizens around the world, but there’s another luxury good in high demand: passports.

In Europe over the last decade, as many as 4,000 Russians are estimated to have obtained so-called golden passports by investing a total of over 3 billion euros ($3.3 billion) in property or other assets, according to European parliament research.

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