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ARTICLE · 15 JUNE 2020

Malta's Citizenship By Investment Programme To Be Revised (not Withdrawn) In 2020

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Earlier this week, the Malta Individual Investor Programme Agency (MIIPA) formally notified accredited agents that Malta is approaching the self-imposed 1,800 applications capping of the programme...

MaltaImmigration
Davinia Cutajar
Davinia Cutajar
Nicole Vassallo
Nicole Vassallo
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Earlier this week, the Malta Individual Investor Programme Agency (MIIPA) formally notified accredited agents that Malta is approaching the self-imposed 1,800 applications capping of the programme and as a result of this, the programme as it is known today, will only be available to applicants until 30th September 2020.

We emphasize "as it is known today", as there is no question in anyone's mind that the programme, in some form or another, is going to be renewed. This was stated by the Parliamentary Secretary for citizenship and communities Alex Muscat earlier this year, and confirmed on numerous occasions by Malta's Prime Minister Robert Abela, who has always been unequivocal in saying the programme was a valuable source of income (amounting to ?270 million last year alone) and would be retained.

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