No Exclusive Marketing Concessionaires for New Malta PR Program, Says Agency-Boss Mizzi
Whereas the MRVP had exclusive marketing partners for different geographical regions, the new MPRP will take a different approach.
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US State Dept. Human Rights Report Flags Five CIPs for Transparency Concerns
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 Open as of Yesterday
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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MRVP Changes Now Official: Total Contribution Amounts Starting at EUR 150,000
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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Understanding Malta’s New Due Diligence Process – The 7-Step Risk Matrix
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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UPDATE: Malta Reverses Decision to End Publishing of CIP Applicant Names
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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Sec. Muscat Hopes for “Fair and Rational Approach From the Commission” on MEIN Policy
“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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Everything You Need to Know About the New Maltese Exceptional Investor Naturalization (MEIN) Regulations
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 Ready to Defend Citizenship-Sovereignty in Court, Establishes New Agency to Handle RCBI Applications
“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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“Investment Migration Under Threat in EU”: A Q&A on Infringement Procedures With Bruno L’ecuyer
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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Commission’s Letter “More Political Than Legal,” Says Malta Citizenship Secretary Muscat
Secretary Muscat is annoyed at comparisons to Cyprus and that he can find no legal reasons to end citizenship by investment in Malta.
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Kochenov: Commission Would Likely Be “Humiliated” If CIP-Matter Goes to Court Over “Genuine Links”
MUST-READ: Prof Kochenov delivers a scathing rebuke of the Commission’s infringement action: “Unquestionably ultra vires and absolutely unacceptable.”
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European Commission Launches Infringement Procedures Against Cyprus, Malta Over CIPs
Cyprus and Malta must now provide “satisfactory” answers within two months or see the matter referred to the European Court of Justice.
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European Commission to “Analyze” Malta’s CIP Extension Plans
The Commission wants genuine links in the form of several years of residency. That is precisely what a CIP cannot ask of its participants.
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Malta IIP Suspends License of Company Implicated in Kickback Allegations
As four-year-old allegations are revisited by a magisterial inquiry, a major MIIP-advisor finds its license suspended pending an outcome.
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10 on The Weekend – Jonathan Cardona: “New Regulations, New Image”
Jonathan Cardona: New regulations required a “balancing act” between staying competitive and considering “the concerns of institutions”.
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Malta Govt. in Talks With Henley & Partners Over Concessionaire’s Future Role
In the event of early termination of the concessionaire’s contract, the Maltese government would be liable for losses incurred.
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Reactions to MIIP Changes Mostly Positive, But Concerns Raised About Property Minimums
On the whole, reactions to the MIIP’s changes were positive, though the doubling of the property investment minimum has raised some eyebrows.
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Sweeping Makeover for Malta IIP: Property Investment Doubled, Up to 3 Years Residency
Malta’s IIP is in for a major overhaul in September, with comprehensive changes to the contribution, real estate, and residency requirements.
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Malta IIP Agency Issues Deadline for Applications to Be Considered Before New Regulations
It remains to be seen whether the new rules will be ready in time to prevent a gap between the first and second versions of the MIIP.
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