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ARTICLE · 25 JANUARY 2018

The Second IIP Programme?

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Statistics have recently been issued with respect to the funds generated from the Malta Individual Investor Programme since its inception.

MaltaImmigration
Ann Bugeja
Ann Bugeja
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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.

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