European Commission Launches Infringement Procedures Against Cyprus and Malta for 'Selling' EU Citizenship

The European Commission has announced the launch of infringement procedures against Cyprus and Malta in relation to their 'golden passport' investor citizenship schemes.

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Investor citizenship schemes: European Commission opens infringements against Cyprus and Malta for 'selling' EU citizenship

Today, the European Commission is launching infringement procedures against Cyprus and Malta by issuing letters of formal notice regarding their investor citizenship schemes also referred to as '…