According to parliamentary secretary Alex Muscat, three applicants to Malta’s IPP had their citizenship revoked throughout the entire run of the scheme.
The news was revealed to MaltaToday by Muscat, who said that three applicants had their citizenship revoked due to misconduct on their side after the Maltese passport was issued.
The three applicants were of Egyptian, Chinese and Russian nationality, but Muscat reiterated that no applicants have been placed under sanctions as a result of the invasion of Ukraine.
The government will still be taking action against sanctioned individuals who acquired Maltese citizenship however. This applies to anyone who received a passport through the citizenship by investment scheme and those who acquired it by other means.
The European Parliament and European Commission are on the same page for calling time on elites who use Malta to buy citizenship. There has been an impetus by the EU to crack down on European citizenship-by-investment schemes, a.k.a golden passport schemes.
Almost all of the European Parliament voted in favour of a legislative proposal which asks Brussels to propose a law shutting down golden passport schemes. Malta’s four Labour MEPS were the only members of the S&D group not to vote in favour of the report.
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