The scheme provides for receiving a Maltese passport for an investment of nearly 1 million euros, which gives the right to resign to European Union countries, including the Russians under penalties.
The EU Supreme Court has ruled that Malta should stop the So -called “Gold Passports” program, allowing foreigners to obtain EU citizenship in exchange for investments. The decision was announced on Tuesday, April 29, Reuters reported.
The scheme provides for receiving a Maltese passport for an investment of nearly 1 million euros, which provides the right to free accommodation to all European Union countries.
The court emphasized that although state members have determined how to provide citizenship, this skill contradicts the trust between the EU countries and turns out the acquisition of citizenship in a “pure commercial deal”.
“The member state cannot provide its citizenship-which means that EU citizenship is also in exchange for predetermined payment or investment,” the decision said.
The court believes that this program does not provide the necessary connection of co -hardness and trust between the state and the people, as well as between the EU countries itself.
Earlier, Malta repeatedly insisted that it interpreted EU law correctly regarding citizenship. After the start of the war in Ukraine, the country suspended the “Golden Passports” program for the citizens of Russia and Belarus, but continued to provide citizenship to representatives of other nationalities.
Earlier it was learned that about the seven Russian businessmen and officials under EU penalties, USA and Ukraine received Malta passports according to the Golden Visa Scheme, allowing you to avoid the ban on entry.
Keep in mind that the European Union is developing a plan for revising the post -war convention with refugees, which prohibits countries from rejecting asylum seekers on its boundaries, which may be one of the biggest changes in the policy of moving in recent decades.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.