November 13, 2013 8:47 AM

The path to citizenship really is paved with gold

In a single week in October, more than 450 people seeking a better life in Europe died as the boats they crowded onto went down in the Mediterranean. On Tuesday, the island nation Malta clearly noted that if people are dying to get in, then citizenship has a decent market price. So they set one. The Maltese Parliament narrowly passed a law allowing non-Maltese to purchase citizenship for 650,000 euro, or about $870,000.

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