‘golden passports’; Malta, Cayman Islands, St Kitts and the United States of America

The European Court of Justice earlier this month struck down Malta’s citizenship-by-investment programme — and by extension EU citizenship 


Malta has been in the passport-selling business since 2014


Malta A Sunny Place for a Shady Online Business

Almost 20 per cent of banks’ cross-border dollar funding is now supplied by entities based in the Cayman Islands Gillian Tett

 

 It was a blow to Henley and the whole global investment immigration industry

 “The demand is expanding, but also the supply,” Kälin said, citing the $5mn US “gold card” announced this year by US President Donald Trump. 


“We put St Kitts on the global map,” said Kälin.

https://en.wikipedia.org/wiki/Saint_Kitts


The passports-for-cash industry began with Pacific and eastern Caribbean microstates in the 1980s, including St Kitts, which introduced its scheme in 1984,

Financial Times 14 May 2025

https://www.ft.com/content/7bc66138-a5b4-4fd6-948c-78bb65d6d492




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