Malta revives plan to sell citizenship - Israel News, Ynetnews

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Malta revives plan to sell citizenship

Published: 12.23.13, 22:21 / Israel News

The Maltese government has revised its plans to sell citizenship in the EU country, raising the threshold of investment without introducing a residency requirement.


Prime Minister Joseph Muscat told reporters Monday the new requirements include a total investment of 1.15 million euros ($1.57 million). The investment comprises the original 650,000 euros to buy a passport plus a 350,000-euro property investment and another 150,000 euros in bonds or shares for at least five years. The scheme will be capped at 1,800 passports. (AP)


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