Video Analysis for MEPs criticise Malta passport sale scheme
January 16, 2014
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MEPs criticise Malta passport sale scheme
European Commissioner for Justice Viviane Reding told MEPs “Citizenship must not be up for sale”.
The price for Maltese citizenship is 650,000 euros. The Maltese government says the scheme is just another way to attract investment, but the question has provoked an intense debate at the European Parliament.
“We wonder if it is in line with the European citizenship rules in general, because once somebody is a citizen of Malta, the person in question can travel all over the place in Europe, and therefore Malta’s decision has an influence on all other member states,” said Dutch MEP from the Liberal group Jan Mulder.
Malta tightens passport sale terms under EU pressure
Applicants will still have to invest at least 1.15m euros (£944,000; $1.57m) in Malta to get a passport. MEPs have condemned the Maltese scheme, saying it cheapens EU citizenship. Earlier Malta had not set any residency requirement for rich foreigners ...
Barrage of criticism for passport scheme
Malta’s sale of citizenships would ... under which a Maltese passport will be granted in return for a €650,000 fee and some investment in property and government bonds. More than 30 MEPs spoke in the lively debate that lasted over an hour and the ...
Malta to defy MEPs and sell passports for €650,000
Malta’s government vowed to press ahead with plans to sell EU passports ... sale,” he added. During the MEPs’ debate, EU justice commissioner Viviane Reding suggested that there were other legal grounds on which Brussels might challenge the …
EU institutions attack Malta passport scheme
The European Commission and the European Parliament have given Malta a tongue lashing over its passport ... not be up for sale,” she told MEPs. She noted that EU institutions have no legal power to stop Malta. But she said the scheme violates a basic ...
Muscat steams ahead with IIP, says Malta will reap €1 billion from passport sale
In the EP vote earlier today, MEPs voted overwhelmingly for Malta to amend its citizenship-by-investment scheme, the Individual Investor Programme. Of 626 MEPs in attendance, 560 voted in favour and only 22 voted against. 44 MEPs abstained. Muscat …
Watch: Scicluna admits passport scheme was a 'mistake', PN reacts
This morning, when asked on the scheme ... passports... I would say, I wouldn’t expect that from Malta.” The minister’s admission of a “mistake” was not mentioned in the government press release that is being reproduced in full below MEPs ...
European Commission seeks power to prevent Malta 'citizenship sale'
The government intends that the Individual Investor Program (IIP) scheme should ... the fact that Malta is an EU state. The principle of free movement of people is enshrined in the EU constitution and so anyone who has a Maltese passport, particularly ...
Economic citizenship and residency programs:
These schemes generally target high net worth individuals as these individuals are searching for more tax-effective means to structure their global lures. Moreover, a second passport adds ... Anguilla’s proposed economic residency program Anguilla ...
MEPs criticise Malta passport sale scheme - …
Jan 16, 2014 · A resolution vote by MEPs has highlighted the issue of Malta selling passports, with the country... euronews, the most watched news channel in Europe ...
MEPs criticise Malta passport sale scheme | euronews, …
MEPs criticise Malta passport sale scheme. 16/01/14 16:09 CET. A resolution vote by MEP s has highlighted the issue of Malta selling passports, with the country ...
Meps Criticise Malta Passport Sale Scheme - …
Video Gönder. Meps Criticise Malta Passport Sale Scheme. Video Light 52 Auto Play »
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EPP Dutch Delegation Leader rubbishes Maltese …
"This scheme is contrary to EU principles and more specifically at odds with the Schengen rules. There is a clear lack of transparency if the names of ...
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MEPs criticise Malta passport sale scheme by euronews-en If only we had this much publicity for something positive « back to home. Published: January 24, 2014 at ...
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