Crowdfunding for a Maltese passport – a good idea?

In response to Malta’s decision to sell citizenship – and its corresponding EU passport – to “ultra-high net worth individuals” in return for a one-time ‘donation’ of €650,000 (plus a €7,500 “Due Diligence fee” for the private company which has been given exclusive competence to market and sell the scheme), last weekend, I sent a …