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A final verdict is not yet in, but in a scathing opinion, the advocate general of the Court of Justice of the EU, or CJEU, recently previewed the probable outcome of the bloc's legal battle to end Malta's policy of doling out "golden passports" to wealthy investors. Under diplomatic and public pressure, Cyprus and Bulgaria dropped their citizenship-by-investment programs in 2020 and 2022 respectively, but Malta, now the EU's lone holdout, resisted, and continues to offer passports to foreign nationals who pledge to invest at least €750,000 into the island's economy and acquire real estate of the same value. Malta's...