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Malta's Billion-Euro Citizenship Program Faces EU Legal Challenge

6/27/2025

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Summary

Story summary

Malta's citizenship by investment program brought in a staggering EUR 1.4 billion between 2015 and 2020, significantly enhancing its economy and social services. However, the European Court of Justice deemed it incompatible with EU law, challenging smaller nations' reliance on such programs for growth and raising alarms as larger countries grapple with wealthy citizens leaving.

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Story summary

Malta's citizenship by investment program brought in a staggering EUR 1.4 billion between 2015 and 2020, significantly enhancing its economy and social services. However, the European Court of Justice deemed it incompatible with EU law, challenging smaller nations' reliance on such programs for growth and raising alarms as larger countries grapple with wealthy citizens leaving.