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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The Chief Beneficiaries of EU CIPs Could Be The Countries That Don’t Have Them
As professional advisors everywhere fall over themselves to get face-time with UHNWIs, Malta, Cyprus, and the EU itself are playing catch-and-release.
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As Malta Plans to Renew the IIP in 2020, Which Changes Should We Expect?
Changes to the structure and minimum amounts of the real estate and bond investments, as well as the contribution, are likely, writes Andres Gutierrez.
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Malta to Tap Citizenship Funds for COVID-19 Response After All
Malta will use more of its MIIP-income to respond to COVID-19. But, as the pandemic limits application volumes, will the policy change make any difference?
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“No Breach of Code”: IMC Reinstates Chetcuti’s Membership
“The IMC established that Dr Jean-Philippe Chetcuti has not acted against IMC Codes in the case that was subject to investigation,” wrote the organization.
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Malta Joins Cyprus in Standing Up to Eur. Commission: MIIP More Valuable Than Ever Right Now
Maltese government: “The importance of such a programme for an economy that has suffered from a devastating pandemic is growing, rather than diminishing.”
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Which RCBI-Countries Have Handled COVID-19 Best So Far?
Malta, with only three deaths, 444 cases, and fourth in the world in terms of tests-per-million, is clearly setting an example for others to follow.
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Citizenship Investor Fund Gives Malta Cushion Against Covid-19, But Govt. Reluctant To Use It
“We cannot expect businesses to keep all their profits when things were going well and now expect taxpayers to completely make good for them.”
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Re-Launch of Malta IIP, With Amendments, Likely This Year, Says Govt.
The administration hopes to renew the program before it expires to avoid a gap in IIP-revenue. Real estate investment amounts may rise in MIIP 2.0.
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Malta IIP Not Going Anywhere, New PM Affirms – Opposition to Sit Out Regulator-Appointment
Malta’s Opposition does not want to engage in MIIP-reform talks with the new PM, Robert Abela, who has indicated he has no plans to end the program.
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French Court Orders TV-Channel to Share Raw Footage From Chetcuti “Sting”
A French criminal court has forced France’s M6, under penalty of daily fines, to share the raw footage, which plainly reveals deceptive editing.
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Malta’s Most Likely Next PM Would “Not Extend MIIP” Before Consulting EU-Institutions
Fearne’s comments mark a departure in stated intentions from Labour; Muscat, two years ago, indicated he was confident the program would be extended.
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Malta IIP 2018-19 Data Show Downward Trend Continuing: Regulator Chides “Unscrupulous” Detractors
The numbers offer but grim reading, as all arrows point downward for the program’s key performance indicators.
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Malta RVP’s Financing Option Shows Why the RCBI Market is About to Get 10 Times Bigger
Investment financing has the potential to catapult investment migration from UHNWI luxury product status to the much greater mass affluent market.
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