Malta revives plan to sell citizenship
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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)
