Malta’s Individual Investor Programme (the MIIP) will help Puttinu Cares – a Maltese support group for children with cancer – provide free accommodation to Maltese patients and their families traveling to the UK for treatment at the Great Ormond Street Hospital, the Malta Independent reports.
The MIIP has already provided €1 million in financial contributions to Puttinu Cares over the past four years. These funds, in addition to contributions totaling €5
Specifically, Puttinu Cares aims to acquire 30 additional apartments in Central London, which would allow 80% of the patients that need to travel to the UK to receive treatment and to benefit from free accommodation, according to Puttinu Cares CEO Rennie Zerafa and Vice-President Angele Cuschieri. Currently, around 70-90 Puttinu Cares patients undergo treatment in the UK every month.
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Key Maltese officials were in London to attend the launch of the €20 million
“There is a reality behind the Citizenship by Investment Programme that is making a big difference in the lives of vulnerable people and is helping noble causes, which is hardly known by the public,” said Secretary Portelli.
“IIP applicants are helping a lot of NGOs by providing regular financial contributions. To date, IIP applicants have made around 600 donations, amounting to €3.6 million, to 99 entities, amongst which are Puttinu Cares which have received around €1 million”.
The Parliamentary Secretary added the MIIP was “a citizenship program unlike any other. The main aim is to attract new investment, new talent, and families that genuinely want to become Maltese citizens. This initiative provides the opportunity to understand the Maltese culture and learn all about the traditions that are close to the heart of the Maltese.”
Opponents of the MIIP, unsurprisingly, would not let the good deed go unpunished:
Nationalist MP Beppe Fenech Adami stated the donation had “insulted and disgusted” him and claimed the contribution was merely a move to justify the MIIP. The donation’s implication, he said, was that, in order for cancer patients to receive treatment, passports needed to be sold to “the corrupt and to criminals”, according to an article in Malta Today.Follow Investment Migration Insider on your platform of choice: