Times of Malta reports today that the first successful applicants for Maltese citizenship under the investment scheme are due to take their oath of allegiance and receive their passports. The applicants have complied with all legal commitments and settled their financial contribution in full.

The Individual Investor Programme in Malta allows non-EU nationals to acquire Maltese citizenship through a contribution of some 1.15 million euro in cash, bonds, investments and real estate, with an obligatory residency clause of one year. Applicants can also buy citizenship for their dependants at a fee of €25,000.