A few other countries have done the same, but Malta is interesting because it's a member of the EU and the Schengen border-free travel area.
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| Valetta, Malta. Source: Wikimedia Commons |
The attraction for rich people from less stable countries is not hard to imagine. Travelling and doing business in Europe suddenly becomes much easier. If your home country undergoes a coup or civil war, or its government decides to pursue a vendetta against you, a safe haven is ready and willing to take you in.
I imagine the Maltese government would refuse citizenship to outright terrorists and war criminals, but you don't have to show any positive commitment to Malta. You are required to buy or rent a house there, but under no obligation to live in it.
My instinctive reaction is to find it rather sad and demeaning. It cheapens a country's citizenship to offer it up for sale, like a particularly exclusive sports car.






