“Encroachment on national sovereignty” and a return to “Blut und Boden” nationalism: industry experts react to ECJ’s citizenship ruling.
The ECJ has ruled in favor of the EU, invalidating Malta’s citizenship by investment program.
As the market awaits the ECJ ruling, fresh data show Maltese CBI application volume is recovering.
A belatedly released statistical report reveals the European Commission’s threats against Malta materially harmed its CBI revenue.
CBI gets a win, but EU’s watching. CBI firms should prioritize transparency and prepare for more oversight and scrutiny.
Advocate General Collins proposed that the court “dismiss the Commission’s action” against Malta and order it to pay Malta’s legal fees.
A UK court has sentenced a 24-year-old Russian to seven years in prison for money laundering. Malta weighs whether to revoke his citizenship.
As CBI programs worldwide face pressures to root out bad actors, Malta’s response signals a willingness to rescind rights when warranted.
Greater specialization, bigger networks, and tailored service are among the reasons boutique firms make better advisors, write DZ Advisory.
Three agents alone were responsible for 42% of applications, while 22 agents submitted only a single application.
Nicky Gouder explains the nuances of the terms resident and domiciled and how each has different implications for taxability in Malta.
In a formal statement, the IMC characterizes the Commission’s case against Malta as “an attack on” and “violation of” fundamental EU rights.
Malta has consistently said it would be prepared to defend its position on CBI in Court. Soon, it will have the chance to do just that.
The first applicants and their families started the MEIN journey in December 2020 and took just under 18 months to get citizenship approval.
Unnamed cabinet ministers tell the Times of Malta that the PM considers phasing out the program – or reforming it once again.
The European Commission issues Malta a final demand to close its MEIN policy before deciding whether to take the country to court.
Malta suspends Russians and Belarusians from applying to MEIN and MPRP programs, ostensibly over inability to conduct adequate due diligence.
Malta’s Citizenship “Czar”, Alex Muscat, promised to oppose efforts to tax or stop CBI programs but expressed support for tighter regulation.
Malta will actively inform the applicant’s original tax jurisdiction that the individual has naturalized in Malta through the MEIN policy.
Parliamentary Secretary Muscat once again reminds Ursula von der Leyen that deciding whom to naturalize is Malta’s sovereign prerogative.
