More advertising for Maltese passports – this time: “NO TAX, NO LANGUAGE REQUIREMENT AND NO RESIDENCY REQUIREMENT!”
The website Business Investor Immigration is advertising the sale of Maltese passports, and it has a line which pretty much sums up the general incredulity that has everyone wondering where the catch is, that an EU passport is being sold for a straight sum of cash with no other requirements:
NO TAX, NO LANGUAGE REQUIREMENT AND NO RESIDENCY REQUIREMENT!
God, how embarrassing. How cheap and tacky. Trid tkun il-vera Laburist: the passport sale equivalent of that horrid stuff they wear to weddings and those ghastly lacquered and tortured updos and their savagely aspirational material possessions that are always all wrong.
Never did Lawrence Gonzi speak a truer word when he said that Labour governments make you cringe and PN governments make you proud – or if not proud, then at least normal.
This is the full text.
Malta is a EU Member State that is stable, neutral and highly respected beautiful country. The country has launched a new citizenship by investment program to investors who contribute to the National Development Fund (NDF). This amount is non-refundable and in exchange, maltese citizenship and passport is granted. The country has very strict due diligence requirements and only highly respectable clients qualify for passport.
Benefits
• Passport and Citizenship in a EU Member State that is stable, neutral and highly respected
• Reasonable contribution and efficient application process of less than 3 months
• World’s strictest due diligence standards and vetting of applicants, thus ensuring only highly respectable clients will be admitted.
• Visa-free travel to more than 160 countries in the world, including the USA, UK, Canada, Europe.
• EU citizenship gives right of establishment in all 27 EU countries.
Minimum Investment
A non-refundable EUR 650,000 contribution to the National Development Fund (NDF). Additional fee and charges apply for spouse and family members.
NO TAX, NO LANGUAGE REQUIREMENT AND NO RESIDENCY REQUIREMENT!
16 Comments Comment
Reply to Haruf il-forn Click here to cancel reply
Is that last line by Eddy Privitera?
Visa-free travel to the USA. If the USA were to stop the visa-free travel, would the government have to refund the money paid.
Joseph Muscat was very worried this evening, in parliament, that the new passport holders will eventually sue the Maltese government if it retracts their citizenship. Suppose they sue him now if the USA were to stop visa-free travel.
Why is it that all the adverts we have seen so far make no reference to talent?
More evidence to be placed in that dossier for the revokation of those passports.
http://business-investor-immigration.com/malta-citizenship/
I am waiting for the EU to take some kind of action against the abuse of the EU citizenship.
I don’t think they can, actually.
All this mess, together with Simon Busuttil’s constructive criticism about the citizenship programme, remind me of how important this saying is and how we underestimated it during 25 years of PN government – “Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime”.
Never in the history of Malta was a government’s vision so myopic.
[Daphne – You’re wrong. Selling Malta to Gaddafi in 1979 because Mintoff screwed up over the British military base and had no money to run the drydocks was a hell of a lot worse.]
It turns out that back then the stakes were lower, Malta was still a third world country anyway, things are different today
Do you agree with selling Malta’s citizenship?
5 quick questions: https://www.surveymonkey.com/s/8BFJVY9
Please complete and circulate.
Henley’s public accounts should make for interesting reading. What percentage of Henley’s fees, I wonder, would be off-set by “operational expenses” trousered by our political lords and masters for the plum exclusivity deal they got?
It’s funny how first they say that citizenship is guaranteed then, as an after thought, they mention due diligence as if even they don’t believe it will happen.
If only criminals respect me, am I still considered as a respectable individual?
Joseph Muscat the salesman clearly telling us about that which he is after:
“We know that it will help us consolidate and build upon what we have and at the same time open new opportunities to us and future generations. My government recognises that more than any other resource, this is the one thing that we cannot have enough of, and we realise that all things being equal, this talent will be pivotal in the success of our nation.”
A talent was an ancient unit of weight and value in Greece, Rome, and the Middle East. In the Old Testament, a talent was a unit of measurement for weighing precious metals, usually gold and silver. In the New Testament, a talent was a value of money or coin. In 2013 in Malta talent is still a value of money or coin and at the current exchange rate it’s a one-time quick transaction of a few hundred thousand euro.
Mela hekk sew, magħna, ċittadini veri ta’ Malta, ser ikunu rigorużi fejn tidħol taxxa u dikjarazzjoni tad-dħul (kif saħaq J.muscat) u ma dawn il-kodardi li ser jixtru ċ-ċittadinanza u ser ikunu anonimi, jaf kollox jibqa’ għaddej. Nistaqsi, id-dipartimenti tat-taxxa ser ikollhom poter fuq dawn iċ-ċittadini li ser jixtru l-passaport Malti? Jekk le, allura l-Maltin veri, ser ikunu meqjusa tat-tieni klassi u dawn li ser jixtru ċ-ċittadinanza fl-anonimat ser ikunu l-privileġġjati.
I’ve read that a talent mentioned in the parable was worth a huge amount of money probably a trillion in today’s currency.
So if we manage to acquire ten talents from this sale we can all just live lavishly in Malta taghna lkoll.But then poor Manuel would have a problem counting them.
NO TAX, NO LANGUAGE REQUIREMENT AND NO RESIDENCY REQUIREMENT …………..NO DECENCY !!!!