Tiny EU nation of Malta to start selling citizenship for $865,000 with few
strings attached

 <http://www.thecanadianpress.com/> Description: The Canadian PressBy
Stephen Calleja, The Associated Press | The Canadian Press 

VALLETTA, Malta - Malta's Parliament has voted to sell citizenship with
practically no strings attached for 650,000 euros ($865,000) to help reduce
the nation's deficits.

The plan, approved Wednesday, is expected to go into effect within a few
weeks.

Opposition Nationalist Party lawmakers have vowed to repeal the law and
revoke all citizenships sold if their party returns to power.

Prime Minister Joseph Muscat predicted that selling citizenship will bring
30 million euros into government coffers annually and help ease the
country's deficit.

In Brussels, European Union spokesman Michele Cercone noted that Malta and
other member states have full sovereignty to decide how and to whom they
grant nationality.

The European Court of Justice has on several occasions confirmed the
principle of international law that it is for each member state to lay down
the conditions for acquisition of its nationality.

Anyone 18 or older will be able to become a citizen of Malta, which has a
population of 418,000. Due diligence will be given to applications, such as
criminal background checks, but neither investment on the island nor
residency will be required.

Purchasers are entitled to buy Maltese passports for immediate relatives for
25,000 euros.

The Labour-led government has said it won't publish the names of those
buying citizenship, but the political opposition has said it will if
possible.

The prime minister has said the new way to acquire citizenship will attract
wealthy individuals "who can help change Malta's economy."

A private company entrusted by the government with promoting the citizenship
purchase estimated that there will be some 200-300 buyers each year.

Opposition leader Simon Busuttil called the amendment's passage by
Parliament a "black day for democracy" and raised the possibility of a
petition drive to force a referendum on repealing the law.

___

AP writer Raf Casert in Brussels contributed to this report.

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