Reduce the residency requirement:
As per above, there are other investor routes that are more attractive, within the EU, that have a shorter residency requirement. To obtain Maltese citizenship as an investor, the residence requirement is described as "an intention to reside in Malta for any fiscal year, usually evidenced by a stay of a minimum of 183 days or by the purchase/rental of property together with a visit to Malta." If an applicant does not reside in Malta, all they must show is they bought a property and visited Malta once. In Cyprus, an applicant can obtain citizenship within 3 months, with no residence requirement. The Home Office in this case, to compete with these alternative citizenship routes, could reduce the residence requirement to 3 months per year.