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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malta
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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Chetcuti’s Statement on ORiip Ruling: “Regulator’s Conclusions Did Not Come as a Surprise”
The “report has shown in crystal clear terms that allegations made on the TV programme were false,” writes Dr. Jean-Philippe Chetcuti in a press statement.
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Complete Exoneration for Chetcuti Cauchi; “No Evidence of Collusion,” Says Regulator
Having reviewed in detail all 164 Malta IIP applications from the firm, ORiip finds that Chetcuti Cauchi is innocent of all allegations brought against it.
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Chetcuti Speaks Out: “We Categorically Deny All The Allegations and Insinuations”
In an unequivocally worded public statement, Dr. Chetcuti addresses the allegations raised against his firm and person in a French TV-report last month.
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IMC Suspends Individual Memberships of Chetcuti Executives, ORiip to Review All Files
The Investment Migration Council has suspended the individual memberships of Dr. Jean-Philippe Chetcuti and Keith Camilleri. “On 26 September 2019,
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