Malta’s European Investment-Citizenship Program Explained

“This is now also the first such program that is officially approved by the EU Commission. The basic requirements are a non-refundable contribution to the National Development and Social Fund, an investment in property, and the purchase of securities (currently just government bonds).  Additionally, you need to acquire a residence card first, which you need to hold for one year before citizenship is granted. This residence card, however, gives you visa-free entry into the Schengen area immediately, and it is issued very efficiently. This is the fastest residence card you can get all over Europe.  The entire processing time from A to Z is one year, but it includes this residence period.”

http://www.nestmann.com/an-interview-with-chris-kalin

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