Now you can buy EU citizenship

by Letizia Orlandi - 2013.11.14
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Malta’s parliament approved a controversial bill on November 12 allowing people to buy Maltese citizenship, including the passport and access to the EU’s Schengen Area, for €650,000. The amendments to the Maltese Citzenship Act were deeply criticized. The government answered that the injection will enable to limit the extent of indirect taxation in the budget. Specifically, the award of citizenship through the controversial scheme is expected to yield €30 million for the public coffers, half of which will go directly in the Budget and the remaining €15 million invested in a national development fund.

Published in Citizenship.
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