Baby boomer travelers looking to relocate in the European Union during retirement (or before) without going through pesky residency and visa requirements can now achieve instant EU citizenship: for a price.
According to a story by Thomas Steinmetz in Global Travel Industry News, the Mediterranean island nation of Malta has just approved a plan to sell Maltese EU passports — and citizenship — for a mere 650,000 euros (about U.S. $875,000), which would allow you to live anywhere within the European Union.
France? Mais oui!
Spain? No problema!
Germany? Machen Sie sich’s bequem!
The Netherlands? Een glas bier, alstublieft! (Well, I don’t know much Dutch)
Personally, I love Malta (see my earlier post on it) as well, so if I had that kind of cash it would be a tough choice. There are 28 EU countries altogether, and citizenship in one permits residency in any other.… Continue reading