MALTA: PASSPORT-FOR-CASH PROGRAMME WILL BE SHUT DOWN, REPLACED BY NEW RESIDENCY PROGRAMME

On 3 July, the Times of Malta reported that the Individual Investor Programme will end in September irrespective of whether or not the 1,800 cap is reached and a new residency programme to take its place. The new programme has no specific name and offers 2 routes to citizenship through residency. Before applying, the applicant will have to pass a due diligence test, which is different from the current programme where the checking process is done after the application is filed.

https://www.maltatoday.com.mt/news/national/103354/passportforcash_programme_will_be_shut_down_replaced_by_new_residency_programme_#.XwCM9OWSmM8

 

 

 

 

 

If you would like to say thanks by making a small contribution, in case I need to upgrade or replace my computers and other paraphernalia, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s