EC sets deadline to Malta in further warning to end its golden passports

Mark Battersby
clock • 4 min read

The European Commission moved to the second stage of its infringement proceeding against Malta on Wednesday 6 April, sending a "reasoned opinion" regarding the existence of citizenship by investment schemes in the country. Malta now has two months to reply to the Commission's reasoned opinion. If the reply is not satisfactory, the EC said it "may bring this matter before the Court of Justice of the European Union". In March, the island's government had announced the suspension of its golden passports for Russian and Belarusian nationals. The European Commission said in a statement ...

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