In reply to a parliamentary question by MP Claudio Grech, Home Affairs Minister Carmelo Abela said today that as at today Maltese Citizenship by Investment Applicants amount to 573, through the Malta government Individual Investor Programme which was launched earlier in 2014.
Malta Citizenship by Investment Applicants, where are they from?
Minster Abela was also specified the Malta Citizenship by Investment Applicants' regions which are as follows: 56% from Russia and other countries which were part of the Soviet Union, while nearly 19% from Middle Eastern countries and 13% hailed from other Asian countries. 7% of applicants are from Africa, slightly more than 3% from North America, around 1% from EU/EFTA countries and slightly less from South America. Mr Abela said that 81 of these 573 Malta Citizenship by Investment Applicants already have more than one nationality.
Chetcuti Cauchi is privileged to have accompanied the first Malta Citizenship by Investment Applicants under the programme throughout each phase up to the upcoming formal grant of citizenship. Chetcuti Cauchi Advocates has the largest specialised Immigration practice in Malta and operates from offices in Malta and London. With more than 80 lawyers and other professional staff, Chetcuti Cauchi's secret is to offer Small firm Personal touch with Big firm Expertise. CC entered the first Maltese Citizenship applications back in March 2014 and enjoyed the first approvals back in November 2014. Our Immigration Practice is a leading advisor on Citizenship law, Residency and private client taxation matters and enjoys a high success rate in its applications by applying principles of quality, integrity, experience and honesty with clients across all of its work.
Malta Citizenship by Investment Law Firm
Dr Chetcuti heads the firm's Private Clients practice, specialising in private client tax planning, personal wealth structuring, family business advisory, corporate relocation and citizenship and residency planning.
Dr Chetcuti is a key advisor to the Maltese Government on the design of Malta Citizenship by Investment and was the first to be licenced by the Identity Malta Agency to directly file citizenship by investment applications under the Malta Individual Investor Programme. Dr Chetcuti has represented the first applicants to apply at the pilot phase of the Malta Individual Investor Programme, benefiting from the first Malta Citizenship approvals issued in November 2014.
He also advises on the Malta Global Residence Programme and buying property in Malta. Within his tax planning and wealth structuring function, he specialises in the use of Malta holding companies and Malta's Participation Exemption, Malta royalty companies, Malta trusts and Malta foundations and Malta Professional Investor Funds.
