Source: Investment Migration Insider

Author: Christian Nehseim

In a press release published today, the European Commission announces that it is ” launching infringement procedures against Cyprus and Malta by issuing letters of formal notice regarding their investor citizenship schemes also referred to as ‘golden passport’ schemes.”

The move was not entirely unexpected; over the last several months, the Commission has repeatedly indicated it was considering such proceedings.

If you want continue reading this article, click on the link: here

Discover the power of a second citizenship

GLOBAL PASS helps you safely obtain a second citizenship

Request a Quote