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Check out this article on Malta doing a pay-for-EU citizenship scheme: "Critics charge that the program undermines the concept of European citizenship, potenti
by roymurdock 7y ago
Check out this article on Malta doing a pay-for-EU citizenship scheme:
"Critics charge that the program undermines the concept of European citizenship, potentially poses security risks and provides a possible backdoor for Russians seeking to escape sanctions against their own country."
From personal observation: Benefits are tangible and immediate to the city and its politicians from increased taxes and whatever bribes are paid, downsides are intangible and long-term to the city residents who get priced out of their homes, lose business because these "residents" don't actually live in the city, and have to live with sometimes-unpleasant citizenship tourists that are often involved in fraud of one sort or another.
https://www.politico.eu/article/malta-cash-for-passports-program-individual-investor-programme/ https://www.politico.eu/article/malta-cash-for-passports-pro...