Billionaire Trump-Backer Peter Thiel Seeks Malta Citizenship, Report Says

[diehardblue]

Billionaire venture capitalist, PayPal cofounder and major MAGA Republican donor Peter Thiel is seeking citizenship in the Mediterranean island nation of Malta, according to a New York Times report, although his intentions behind the citizenship are not yet clear.

Citizenship documents list Thiel’s address as an apartment in Malta, which the New York Times reported is listed as a vacation rental on Airbnb for $180 a night—despite Malta’s citizenship requirements prohibiting applicants from renting out their official residence before their citizenship process is complete.

Although a Malta citizenship would not provide Thiel with a significant tax benefit, the New York Times reported, it could provide him a multi-million-dollar compound and an escape from the U.S.—he has expressed extreme dissatisfaction with the direction the country is headed, increasingly funneling his multibillion-dollar net worth into pro-MAGA candidates

https://www.msn.com/en-us/news/politics/billionaire-trump-backer-peter-thiel-seeks-malta-citizenship-report-says/ar-AA12ZYMD?ocid=msedgdhp&pc=U531&cvid=f97097b4cfa948619f93a008d0db80fb

[sinkingfeeling]

1. He can buy Malta citizenship by spending less than $1 million.

[FakeNoose]

2. Peter Thiel just leave - stop funding the MAGAt idiots and leave

[jimfields33]

7. We cannot have a rich people leave the country.

I know people say they don’t pay taxes, but they actually do.

[OAITW r.2.0]

3. Wealthy man, anti-democratic fuck.

[KarenS]

4. I need to go read abit on this guy,,,,,

He's funding Blake Masters here in Arizona against Mark Kelly.

My gut reaction to this article is to let this guy go and don't let him come back!

[Diamond_Dog]

5. Leave already! And don't come back!

[jimfields33]

8. Who will replace those taxes?

During the life of his Roth, Thiel also has made money outside it. He took in an additional $687 million of income from 1999 to 2018, largely from gains on investments, tax records show. All told, over that period he paid $206 million in federal taxes, including the taxes on the early Roth withdrawals.

[Cha]

6. TY I wondered where

he wanted to go?

[brooklynite]

9. FWIW: The EU is cracking down on "golden passports"

Malta has historically been a major purveyor.