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Covid hit countries slash costs for citizenship by investment

Covid hit countries slash costs for citizenship by investment

Globalisation and uncertainties have created a new financial industry known as “Citizenship By Investment”, shortly “CBI”. Another term frequently used is “CIP” which stands for “Citizenship-by-Investment Programs” If you haven’t heard about “CBI” perhaps it is about time. The demand for second passports for investments in tax free countries have grown exponentially over the years, hitting $5 billion each year. It is…

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Malta IIP will be coming to a close

Malta IIP will be coming to a close

The Malta Government has just announced IIP scheme launched in 2013, is closing and a new residence program will open with new conditions. The program remains suspended and no new applications will be received. The MIIPA, the agency which operates the IIP has, since last August, stopped receiving new applications. The Malta Individual Investor Programme Agency (MIIPA) will also be closing…

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What is Malta Residency Visa Program ?

What is Malta Residency Visa Program ?

The Government Malta launched Malta Residency Visa Program (MRVP)  in 2015 to attract highly qualified individuals and families from third countries offering them residency to settle in Malta.  Approved applicants after thorough background checks are entitled to the right to reside, settle or stay indefinitely in Malta together with one’s registered dependants. MRVP is not a popular program mainly due…

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