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EU's top court orders end to Malta's 'golden passport' program

4 pointsby Jaskolka25 days ago

1 comment

Jaskolka25 days ago
Malta’s “golden passports” were found to violate EU rules, according to the European Court of Justice. The island must end its scheme granting foreigners Maltese citizenship—and thereby the right to live and work anywhere in the EU—in exchange for investing €1m ($1.1m). The court said that it had rendered “the acquisition of nationality a mere commercial transaction”
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