Exams › SSC CGL (Prelims) › General

Golden visa programs are criticized because they:

1. Raise tax revenue
2. Encourage migration
3. Allow money laundering risks
4. Promote tourism

Correct answer: Allow money laundering risks

Solution

Golden visa programs can be criticized because they may allow individuals to obtain residency through investments with insufficient checks on the source of funds. This creates risks of money laundering and illicit financial flows. Hence, the correct answer is Allow money laundering risks.

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