EU’s top court orders end to Malta’s ‘golden passport’ program
- A Financial Times investigation reported that 16 people, including sanctioned Russians, obtained Maltese citizenship.
- These individuals successfully purchased citizenship despite facing sanctions or prior criminal convictions.
- At least seven individuals sanctioned by the EU, US, or Ukraine acquired Maltese passports.
- The citizenship program requires investments starting from €600,000.
- Malta remains the sole EU state offering citizenship for investment and faces legal action from Brussels, with a court ruling expected Tuesday.
133 Articles
133 Articles
EU court bans Malta's golden passports citizenship
The European Union High Court on Tuesday ordered the Republic of Malta to end its “golden passports” scheme, which allows wealthy individuals to purchase citizenship. The Grand Chamber delivered its decision in response to an application filed by the European Commission in 2020, which sought a declaration that Malta’s institutionalised citizenship-by-investment programme was unlawful. In its ruling, the court held that the cash-for-citizenship s…
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