US officials sound alarm on 'golden' visas, citing security risks, relaxed requirements

"Golden" visas have been popular among America’s wealthiest over the past year or so.

While Americans are increasingly seeking second citizenship residencies as an "insurance" against global uncertainty, U.S. officials are taking actions against countries with such programs amid security risks.

U.S. officials say citizenship-by-investment programs can allow individuals from restricted countries to obtain new passports and bypass U.S. travel, financial or banking restrictions.

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