Immigration: EU Citizenship and Passports for Sale to High Net Worth Migrants
Malta introduced a citizenship-by-investment programme offering EU citizenship for a €650,000 investment, granting work, residency, and voting rights across the EU. This follows similar schemes in other countries like the UK, Portugal, Ireland, Cyprus, and Spain. Maltese citizenship allows visa-free travel to Schengen countries and the USA, with dual citizenship permitted. The policy has faced local criticism, raising concerns about comparisons to offshore tax havens.