The Hub for RCBI-Professionals
For the first time ever, and exclusively in IMI, the Residency Malta Agency shares statistics on Malta’s PRP (and MRVP) going back to 2016.
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Despite the Commission’s protestations, Cyprus kept processing applications pending since the CIP’s termination – but rejected most of them.
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Malta’s Citizenship “Czar”, Alex Muscat, promised to oppose efforts to tax or stop CBI programs but expressed support for tighter regulation.
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Malta will actively inform the applicant’s original tax jurisdiction that the individual has naturalized in Malta through the MEIN policy.
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Parliamentary Secretary Muscat once again reminds Ursula von der Leyen that deciding whom to naturalize is Malta’s sovereign prerogative.
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Eligibility standards for Malta’s new investor naturalization policy are among the most stringent in the market. Kenneth Camilleri explains.
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The European Commission has sent a “Reasoned Opinion” to Cyprus and an “additional letter of formal notice” to Malta.
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Six months after officially responding to letters of formal notice of infringement procedures, Malta still awaits comments from the European Commission.
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Malta becomes the latest country to capitalize on the growing trend of remote-workers by aiming for consumption rather than taxation.
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Parviz Malakouti: That CBI applicants the world over often complete the minimum statutory requirements to get the benefit is no “revelation”.
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Whereas the MRVP had exclusive marketing partners for different geographical regions, the new MPRP will take a different approach.
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The report noted shortcomings in transparency (and the potential or actualized corruption that such opacity engenders) among five CIPs.
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Malta’s new Permanent Residence Program (MPRP) is officially open for applications, following the publication of the relevant law on Friday.
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The new rules mean a single applicant, choosing to rent on Gozo, could obtain a residence permit in Malta for a non-refundable EUR 150,000.
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Malta’s new citizenship by investment policy comes with a new set of vetting procedures (that will continue for years after approval).
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An unexpected turn of events in light of the bipartisan consensus in favor of continued publication that emerged in Malta some two years ago.
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“There will be quarters with different motives where they feel the need to object [to the MEIN policy],” Secretary Muscat tells IMI.
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See requirements and forms, procedures, the code of conduct, the licensing requirements, the policy handbook, and analysis of the MEIN here.
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“Malta is willing to take all legal paths to ensure nationality and […] will defend this position even if the case is taken to the ECJ,”
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IMC-boss Bruno L’ecuyer explains how infringement procedures work, how common they are, and what they will mean for Malta and Cyprus.
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