The first citizenship approvals under the Individual Investor Programme have been granted, according to law firm Chetcuti Cauchi, a group that provides legal, tax, fiduciary and accounting services to businesses and private clients worldwide.
Managing partner Jean-Philippe Chetcuti said:
"It is an honour to present to our clients with the In Principle Approval letter, what could be the first Malta citizenship approvals under the MIIP. Having reached this phase of maturity of the Maltese citizenship by invesment legislation, 10 months after its enactment, it is clear that the Maltese government is committed to running a serious programme for bona fide investors to be attracted by Malta's high value and effective all-round offer.
“I have experienced with several applicants the professionalism, efficiency and the warm welcome promised by the setting up of Identity Malta as a truly one-stop shop for expatriates in Malta. What we have experienced is a real VIP service which I doubt an applicant can receive in any other country.”