Sandzak wrote:In the US you get a green card if you invest over 100 000 USD.
Should the European Union have a similar aproach?
For below 2 Mllion USD you can buy an EU Passport in the Mafia Money Lundering Hubs Malta and Cyprus.
As you said yourself, there is technically the same approach either through investment or if you pay your lawyers a lot to find your ancient ancestry whatever it might be. (Yes, all of us are long and exiled ancestors of Jews or Witches or whatever) This practice should be abolished though since it allows sleezebags from shithole countries to settle in Europe. Majority of the people who get these citizenships are from:
1) Middle east
In that order by numbers.
Also it is not that pricy honestly. Rent a place for 5 years in Malta and then invest 100k.
Residency Requirements for Malta Citizenship by Investment
The time you have to live in Malta before you become eligible for citizenship depends on your investment:
If you invest at least €750,000, you can get a Malta passport after 1 year.
If you invest €650,000, you can get a Malta passport after 3 years.
If you invest €100,000, you can get a Malta passport after at least 5 years.