“We Agree With Most of What’s in It,” Says MIIP-Boss Cardona About EC Report

Speaking to IMI in Davos last week, CEO of the Malta Individual Investor Programme Agency, the entity charged with managing Malta’s citizenship by investment program, the MIIP, said he was, overall, “quite happy” with how his program was portrayed in the European Commission’s report on the investment migration industry. Watch the full interview by clicking

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Bipartisan Consensus on Naming of Malta IIP Citizens Despite Regulator’s Concerns

Although generally not accustomed to unanimity, both Malta’s governing party – Labour – and the opposition – the Nationalist Party – agree that the government should continue its practice of publishing the names of new citizens in its annual Gazette, despite agents’ recommendations to the contrary and the program regulator’s apprehensions about the policy, reports

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62% of Malta Budget Surplus to Come from Citizenship Program Next Year

Prime Minister Muscat of Malta – the Mediterranean Tiger Economy that grew by 6.4% last year, among EU-states second only to Romania (6.9%) – expects the government budget for 2019 to amount to 1.3% of GDP, of which 0.8% will come from the Individual Investor Programme. Read also: Malta’s Budget Surplus Soars to Highest in EU,

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Malta Rejects 1 in 4 Applications for Citizenship by Investment

Speaking to Malta Today, Jonathan Cardona, head of Malta’s Individual Investor Programme (the MIIP), said that, since the beginning in 2014 and until the present, the CIP he heads has rejected some 24% of all applicants. A quick look at the data as reported in the annual reports of the Office of the Regulator of

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CIP-Countries Have “No Option” But to Invest in Solid DD Structures Says Malta IIP’s CEO

Jonathan Cardona, CEO of the Malta Individual Investor Programme, told Investment Migration Insider during an interview that he believes Malta’s due diligence was “a cut above the rest”, that high due diligence standards would “save the industry”, and that other CIP-countries would have “no option” but to implement similar standards to remain sustainable. Commenting on

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