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This is a very interesting move. Estonia is doing something similar, by offering E-Residency to foreigners for a price [1]. With some very restrictive governmen
by xasos 11y ago
This is a very interesting move. Estonia is doing something similar, by offering E-Residency to foreigners for a price [1]. With some very restrictive governments, this gives wealthy foreigners some leeway to go around the rules.
> “We want to attract individuals who can add value to our country because of their ideas, and their networks and their businesses and their talent”
If this goal can come to fruition, this would be a great boost to Malta. I don't necessarily see it happening, and see more abuse of the citizenship than anything (probably to gain access to the EU's business benefits). However, it could potentially be a game changer. I wonder if other countries will follow suit.
[1] http://www.theguardian.com/world/2014/dec/26/estonia-offers-e-residency-to-world-what-does-it-mean http://www.theguardian.com/world/2014/dec/26/estonia-offers-...
- eps 11y agoWhat Estonia has is not similar at all. Maltese citizenship grants you the right to live anywhere in EU and Switzerland. Not just visit, but settle. On the other hand Estonia's e-residency doesn't even give you a right to enter Estonia itself.
- xasos 11y agoI think I mentioned that, check the linked article :) It's similar in the fact that you are paying for residency in a way. You get the benefit of having an Estonian residency online, rather than your own, if so inclined.