Headline in Der Spiegel (Germany’s most respected news magazine): ‘EU Passports for 650,000 Euro: Citizenship for Sale in Malta’

Der Spiegel reports in its international, English-language edition:

Photo caption: Protesters in Valetta express their opposition to a new law that allows foreigners to buy Maltese passports.

For 650,000 euros, foreigners from outside the European Union can now buy Maltese citizenship. The controversial new law passed on Tuesday also gives buyers the right of free movement within Europe.

Non-European Union citizens with €650,000 ($873,000) to spare can now buy Maltese citizenship thanks to a new plan approved by the Mediterranean island’s parliament on Tuesday.