Friday, November 15, 2024

€85m of Government stocks purchased through Malta IIP

Malta’s Individual investor program attracts highly qualified millionaire families who bring talent, wealth, business skills to Malta.

Malta IIP investment conditions require one time payment of €650K to National Fund and a further €150K investment of Government stocks and bonds held for five years.

Regulation 7(6) of the IIP Regulations states that applicant shall make a minimum investment of €150,000 in Malta Government Stocks under the Individual Investor Program to become eligible for citizenship . Investors have to main residency for one year or more to receive citizenship through IIP.

According to the fourth annual report 2017, the amount invested in Government Stocks between July 2016 and June 2017 totaled €58,371,279.83

Since the launch of the IIP Program the total amount  add up to €85,873,164.

 

Month

Total (€)

Prior to July 2016

27,501,884.88

July 2016

3,884,151.16

August 2016

6,057,698.07

September 2016

4,079,498.83

October 2016

4,711,354.71

November 2016

4,686,655.11

December 2016

4,694,321.20

January 2017

5,903,669.70

February 2017

2,872,633.41

March 2017

5,294,484.97

April 2017

6,366,879.16

May 2017

6,037,475.72

June 2017

3,782,457.79

TOTAL

85,873,164.71

 

Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment News. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

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