Statistics have recently been issued with respect to the funds generated from the Malta Individual Investor Programme since its inception. By December 2017, €363,245,398 from the IIP scheme were deposited into the National Development and Social Fund, a fund which has been specifically set up for this purpose in 2014. To date only a small portion of the funds have in fact been invested.
The talks with respect to the 2nd IIP programme are now becoming more realistic, as is it being stated that the 1,800 cap of applicants for the current IIP will be reached this year (2018), and the Government of Malta together with Identity Malta are taking the necessary steps to start the necessary processes.
In fact Identity Malta Agency have currently launched a consultation programme, asking service providers for their opinion on how the programme could be improved.
What we can say at this stage is that the Prime Minister of Malta has stated late last year that the 2nd IIP programme will be more exclusive than the first!
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