Thomas Jacobsen, Managing Director of Papilio Services Limited and Approved Agent for the Malta Individual Investor Programme, was issued with an email on Wednesday 3rd June 2020 at 14:06 stating the below update to the Individual Investor Programme:
Kindly be informed that the Malta Individual Investor Programme is reaching its cap.
MIIPA will continue accepting applications for citizenship under the Malta Individual Investor Programme Regulations until the 30th of September 2020.
Complete applications for residence will continue to be accepted until the 31st of July 2020. Those individuals who obtain a residence card, but do not manage to submit a citizenship application by the 30th of September 2020, may be considered under new regulations that the Government is considering if they qualify.
It is important to guide all your clients accordingly.