Although the IIP has been running for just over four years, it sits amongst the world’s best CIPs. Malta is the ideal destination for all those who hope for a better future and seek a superior quality of life with high standard of educational and medical services.
The IIP has put Malta squarely on the map, generating a global all-time-high interest in our market for possible mutually beneficial partnerships to flourish. Malta is now also in a position to start making good use of the investment that the programme has directly generated. Experience shows that most of the applicants were not headline-grabbers or known people, but hardworking, self-made individuals with a strong global network.
Malta is also acutely aware that the programme’s success relies on its robustness and high regulatory standard. Like all service industries, the strength of the programme will always rest on its reputation; one that is guarded with high due diligence standards and regulatory oversight. Malta’s way forward will never rest on a lax attitude but striving to have the most rigorous process of checks and balances, as only in that way will we ensure that the right talent is attracted to our shores.
An increasing number of individuals are looking at investment migration in order to seek more favourable living conditions for their families and broaden their business prospects. Malta seized this opportunity and designed a robust citizenship-by-investment programme that has brought added value to our county and enhanced an already thriving economy. The core objective of the IIP was never about making money; rather it is about heightening Malta’s future prospects by attracting reputable high-net-worth individuals who can share their talent and business acumen to compliment the locals’ resourceful skills.
In an ever-changing world, one that is becoming more volatile both politically and economically, successful individuals seek opportunities to stay ahead. Affluent individuals are looking at citizenship by investment options as a means of securing their future. CBI is a subject, which attracts a fair share of passionate discussion. Some accept it; some simply despise the concept of citizenship by investment. All in all, it has put countries offering such programmes into the spotlight, with strong calls for stringent due diligent processes; often the result of misconceptions or lack of knowledge about the industry. The reality is somewhat different; Citizenship-by-Investment Units (CIUs) employ very thorough and unparalleled due diligence systems, which are often looked-up to by their peers in the financial services industries.
The benefits of the robust due diligence processes adopted by CIUs go beyond the investment migration industry.
Malta’s Rich History
Malta is a forward-looking micro state steeped in tradition, with a strong history of outreach and trade that has seen it pass from early civilisation in 5,000 BC to become a strategic stronghold under the Romans, the Arabs, Normans, French, the Knights of St. John, the British, finally emerging as an Independent state.
The lasting influence of its foreign rulers has left Malta with a rich heritage, including the capital city of Valletta which, apart from garnering UNESCO’s world heritage status in 1980, has also been named European City of Culture for 2018.
The country boasts a wealth of architectural treasures stretching back centuries, from the Ġgantija Temples of Gozo to the Mosta Dome; from the medieval alleyways of Ċittadella to the Baroque delights of Mdina; from the 18th-Century classical-style delights of the Barraka Gardens to the superb, inspiring lines of the new Parliament building, designed by Renzo Piano.
Malta’s position in the international scene is one that sees this tiny nation state sought out for its geographical and cultural positioning, able to bridge the divide between Europe and other continents, particularly the Arab world and the Maghreb.
Source/Credit: Individual Investor Programme of Malta
