EU’s top court orders end to Malta’s ‘golden passport’ program

Between 2011 and 2019, more than 132,000 third-country nationals obtained a residence permit or citizenship in the European Union through the ‘Golden passport’ and ‘Golden Visa’ programs, making total investments of at least 21.4 billion euros.

An EU Court Just Ruled the 'Golden Passport' Scheme Is Illegal—What to Know

Malta must end its "golden passport scheme," according to a new ruling by the Court of Justice of the European Union. Here's what you need to know.

The European Court of Justice concludes that the so-called Golden Passes for rich foreigners are illegal. Malta thus loses an important source of income.

The system was a "security threat", according to the Tidö government. They themselves have handed out tens of thousands of Swedish passports to unknown people from the third world.

EU Court Rules Malta's Golden Passport Program is Illegal

Malta’s government promised to respect the ruling, noting that its citizenship by investment program had raised $1.6 billion, with much of that used to fund social programs.

EU Court of Justice orders Malta to close its ‘golden passport’ program

The Court of Justice of the European Union (CJEU) declared on Tuesday that the Republic of Malta's 'golden passport' program, where foreign investors could apply to be naturalized as a Maltese citizen...