Malta’s much debated Individual Investor Programme (IIP), introduced in 2014, has already seen some drawbacks from the recent decision of the citizens of the United Kingdom (UK) that they no longer wish their country to continue being an European Union (EU) Member State. Times of Malta writes that fearing the loss of free movement to the UK, a number of investors has withdrawn their IIP application. At the same time, Brussels-based Politico has noted that UK citizens might be interested in purchasing the passport of Malta, which would enable them to benefit from the rights of European citizenship.
Read more in Times of Malta, and consult our country profile pages for details of the current and past citizenship legislation in Malta.
For a discussion of IIP, see our forum debate and Jelena Dzankic’s working paper. For the effects of Brexit on citizenship see our news item.
