EU top court rules 'golden passport' schemes are illegal...

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EU top court rules 'golden passport' schemes are illegal

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"Golden passport" schemes for deep-pocketed foreign investors violate European Union law, the bloc's highest court ruled on Tuesday, after a legal challenge against Malta by Brussels. "The acquisition of Union citizenship cannot result from a commercial transaction," the EU's Court of Justice said, ruling that Malta had infringed EU law.

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