Malta is selling EU passports for 650,000 euro (US$875,000) as part of a law passed in order to bring in cash and investment. It comes with the benefits of EU membership, including the right to reside and work in the 28-member bloc.

The plan, which was approved on Wednesday, is expected to begin within a week. It will give those who purchase the passports the right to reside in any of the other 27 member states. They will even be eligible to become members of the European Parliament.

The island country, which has a population of 452,000, is a member of the EU and the Schengen borderless travel area, and has a visa waiver agreement with the US


http://rt.com/news/malta-eu-passports-sale-686/

No need to get entagled with an extra fat lady/grandmother anymore.

Wow, Malta!! In that country everybody know each other. Very small but a nice holiday spot. Will go again and again and again.

US$875,000 what?

With that money, I wouldn't even buy a US passport. That's enough money to set up a good business In Nigeria!

Which embassy will refuse my Visa application with a Bank statement of 875,000$
If that amount was in my account, nothing stops me from travelling around the world, with an EU passport or without...