"Tourism to Europe? There is no need to travel - just wire 650,000 euro and you become an official citizen of the European Union. Reside in Germany, the UK - anywhere you like. No qualification needed - just some money. No one has to know where your money comes from.
A plan, which was approved in Malta [last month] is expected to...give those
who want to purchase a Malta EU passport the right to reside in any
of the other 27 member states. They will even be eligible to become
members of the European Parliament.
Malta is selling EU passports for
650,000 euro (US$875,000) as part of a law passed in order to bring
in cash and investment. It comes with the benefits of EU
membership, including the right to reside and work in the 28-member
The island country, which has a population of 452,000, is a member of
the EU and the Schengen borderless travel area, and has a visa waiver
agreement with the US.
The country’s prime minister, Joseph Muscat, said the plan is
expected to attract “high value” individuals from around the world who
can then invest in the island. Muscat estimated that 45 potential
applicants would raise the country around 30 million euro."
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