Over 5,300 new citizens and €1.6 billion later - Malta’s ‘golden passports’

Over 5,300 new citizens and €1.6 billion later - Malta’s ‘golden passports’

Just over 5,300 people were granted Maltese citizenship and more than €1.6 billion was spent by applicants to Malta’s golden passport scheme in its first 10 years, government data shows.From 2014 to the end of 2023, Malta’s controversial two citizenship by investment schemes netted the country’s sovereign wealth fund around €620 million, and its consolidated...

Top court pulls plug on Europe's last 'golden passport'

Malta "cannot grant its nationality – and indeed European citizenship – in exchange for predetermined payments or investments," the court ruled.

Rich foreigners can buy a residence permit in Switzerland – yet. Political resistance is growing.

Malta must stop granting its nationality to rich investors in exchange for payments, according to a recent decision of the highest court in the European Union. These golden passports attract risk profiles, says Sara Brimbeuf of the NGO Transparency International, interviewed Monday in Tout un monday.

Portugal’s Golden Visa Emerges Strong as EU Shuts Down Malta Golden Passport

A decision by the European Court of Justice (ECJ) to declare Malta’s ‘Golden Passport’ illegal will have no impact on Portugal’s hugely popular, but significantly different, Golden Visa.