Source document
First Annual Report on the IIP Programme of the Government of Malta
Has everything in it been taken?
CompleteReviewed 10 Oct 2026
Reviewed. Everything in it that belongs in the tables has been taken.
What the document holds
First annual report of the IIP regulator (October 2014): review of LN 47 of 2014, IIP operations (staff, budget, agents), PESTEL assessment, applications to end-June 2014 by region (Figure 3), analysis of accredited-person licence applications, Appendix I (operational guidelines). Earlier passes recorded the statistics, Figure 3 and the economic estimates. This pass (extract-cbi-mlt-rest-2026-10-10) added the restated LN 47 rules (EUR 1.15m combined, EUR 650,000 contribution, EUR 25,000 spouse/child, EUR 350,000 / EUR 16,000 property, EUR 150,000 investment, 1,800 cap, 70% to the NDSF, 12 months residence), the agent licence applications approved ("around ninety") and sampled (seventeen), and the government aim of EUR 1,000 million. Out of scope: Identity Malta's EUR 250,000 budget allocation (agency-wide), 2012 employment of 174,000, dependant age definitions (no price). Method for restated rules: every page searched for euro amounts, percentages, caps and day/month/year periods, and each hit read in context.
What it supports
50 rows on this site come from this document. Each one opens with the page and the exact words.
Numbers (39)
- Applicant shareNationality: Russia54.3%2014-01/2014-06 · Malta Office of the Regulator 2014Final figureMalta · Individual Investor Programme
- Applicant shareCategory: Former soviet republics59%2014-01/2014-06 · Malta Office of the Regulator 2014Final figureMalta · Individual Investor Programme
- Applicant shareCategory: Asia30%2014-01/2014-06 · Malta Office of the Regulator 2014Final figureMalta · Individual Investor Programme
- Applicant shareCategory: Africa3.5%2014-01/2014-06 · Malta Office of the Regulator 2014Final figureMalta · Individual Investor Programme
- Applicant shareCategory: Middle east18%2014-01/2014-06 · Malta Office of the Regulator 2014Final figureMalta · Individual Investor Programme
- Applicant shareCategory: Gulf9.8%2014-01/2014-06 · Malta Office of the Regulator 2014Final figureMalta · Individual Investor Programme
- Applicant shareCategory: Brics61.3%2014-01/2014-06 · Malta Office of the Regulator 2014Final figureMalta · Individual Investor Programme
- Applications for an agent licenceCategory: Approved90 applications2014-01/2014-10 · Malta Office of the Regulator 2014Final figureMalta · Individual Investor Programme
- Applications for an agent licenceCategory: Sampled by regulator17 applications2014-01/2014-10 · Malta Office of the Regulator 2014Final figureMalta · Individual Investor Programme
- Applications pending6 applicationsMalta Office of the Regulator 2014Reported by othersMalta · Individual Investor Programme
- Applications received173 applications2014-01/2014-06 · Malta Office of the Regulator 2014Final figureMalta · Individual Investor Programme
- Applications receivedApplicant: Adult dependant96 persons2014-01/2014-06 · Malta Office of the Regulator 2014Final figureMalta · Individual Investor Programme
- Applications receivedApplicant: Minor dependant101 persons2014-01/2014-06 · Malta Office of the Regulator 2014Final figureMalta · Individual Investor Programme
- Applications receivedCategory: Other than russia79 applications2014-01/2014-06 · Malta Office of the Regulator 2014Final figureMalta · Individual Investor Programme
- Applications receivedCategory: Second stage7 applications2014-01/2014-06 · Malta Office of the Regulator 2014Final figureMalta · Individual Investor Programme
- Applications receivedCategory: Europe104 applications2014-01/2014-06 · Malta Office of the Regulator 2014Final figureMalta · Individual Investor Programme
- Applications receivedCategory: Former soviet republics102 applications2014-01/2014-06 · Malta Office of the Regulator 2014Final figureMalta · Individual Investor Programme
- Applications receivedCategory: Asia52 applications2014-01/2014-06 · Malta Office of the Regulator 2014Final figureMalta · Individual Investor Programme
- Applications receivedCategory: Gulf17 applications2014-01/2014-06 · Malta Office of the Regulator 2014Final figureMalta · Individual Investor Programme
- Applications receivedCategory: Middle east31 applications2014-01/2014-06 · Malta Office of the Regulator 2014Final figureMalta · Individual Investor Programme
- Applications receivedCategory: North america10 applications2014-01/2014-06 · Malta Office of the Regulator 2014Final figureMalta · Individual Investor Programme
- Applications receivedCategory: Africa6 applications2014-01/2014-06 · Malta Office of the Regulator 2014Final figureMalta · Individual Investor Programme
- Applications receivedCategory: South america1 applications2014-01/2014-06 · Malta Office of the Regulator 2014Final figureMalta · Individual Investor Programme
- CBI contributions collectedEUR 1 billionprogramme lifetime (1,800 applications) · Malta Office of the Regulator 2014ForecastMalta · Individual Investor Programme
- CBI contributions collectedEUR 1,000 millionprogramme lifetime · Malta Office of the Regulator 2014Budget targetMalta · Individual Investor Programme
- CBI inflowsEUR 10 millionone week (rate announced 10 June 2014) · Malta Office of the Regulator 2014ClaimMalta · Individual Investor Programme
- CBI revenue to governmentEUR 30 millionfirst year of the programme · Malta Office of the Regulator 2014ForecastMalta · Individual Investor Programme
- Estimated economic benefit of a programmeCategory: Nominal growth per approved applicantEUR 1.67 millionper approved applicant (estimate of 15 Feb 2014) · Malta Office of the Regulator 2014EstimateMalta · Individual Investor Programme
- Estimated economic benefit of a programmeCategory: Additional nominal gdp per yearLimit: EUR 1 billioneach of the three years to the cap (estimate of 15 Feb 2014) · Malta Office of the Regulator 2014EstimateMalta · Individual Investor Programme
- Investment intended (pipeline)EUR 100 millionfirst three months of the programme · Malta Office of the Regulator 2014ClaimMalta · Individual Investor Programme
- Jobs created by programme investors75,000 jobsthree years to the cap · Malta Office of the Regulator 2014ForecastMalta · Individual Investor Programme
- Jobs created by programme investors25,000 jobseach of the three years to the cap (estimate of 15 Feb 2014) · Malta Office of the Regulator 2014ForecastMalta · Individual Investor Programme
- Licensed programme agents85 agents2014-10 · Malta Office of the Regulator 2014Final figureMalta · Individual Investor Programme
- Licensed programme agentsCategory: Law firm10 agents2014-10 · Malta Office of the Regulator 2014Final figureMalta · Individual Investor Programme
- Licensed programme agentsCategory: Financial advisory audit and law firm20 agents2014-10 · Malta Office of the Regulator 2014Final figureMalta · Individual Investor Programme
- Licensed programme agentsCategory: Financial advisory audit49 agents2014-10 · Malta Office of the Regulator 2014Final figureMalta · Individual Investor Programme
- Licensed programme agentsCategory: Other6 agents2014-10 · Malta Office of the Regulator 2014Final figureMalta · Individual Investor Programme
- People granted citizenshipNone (stated in words)2014-01/2014-10 · Malta Office of the Regulator 2014Final figureStated in wordsMalta · Individual Investor Programme
- Staff working on a programme7 persons2014-10 · Malta Office of the Regulator 2014Final figureMalta · Individual Investor Programme
Rules and prices (9)
- Property rentmain applicant (lease, 5 years)16,000 EUR per yearDate not stated · Malta Office of the Regulator 2014Malta · Individual Investor Programme
- Donationspouse; each child under 18EUR 25,000Date not stated · Malta Office of the Regulator 2014Malta · Individual Investor Programme
- Investmentmain applicant (held 5 years)EUR 150,000Date not stated · Malta Office of the Regulator 2014Malta · Individual Investor Programme
- Property purchasemain applicant (purchase, held 5 years)EUR 350,000Date not stated · Malta Office of the Regulator 2014Malta · Individual Investor Programme
- Donationmain applicantEUR 650,000Date not stated · Malta Office of the Regulator 2014Malta · Individual Investor Programme
- Minimum investment for any optionmain applicant; contribution, real estate and investment combinedEUR 1,150,000Date not stated · Malta Office of the Regulator 2014Malta · Individual Investor Programme
- Residence requirementmain applicant, legal residence before the certificate of naturalisation is issued12 monthsDate not stated · Malta Office of the Regulator 2014Malta · Individual Investor Programme
- Share of contributions paid to the National Development and Social Fundshare of IIP contributions paid to the National Development and Social Fund (before LN 161 of 2020)70%Date not stated · Malta Office of the Regulator 2014Malta · Individual Investor Programme
- Cap on total approved applicantsmain applicants in total (excluding dependants)1,800 successful applicantsDate not stated · Malta Office of the Regulator 2014Malta · Individual Investor Programme
About the document
What it covers IIP launch, legal set-up, the EC agreement of 29 Jan 2014, and applications to end-June 2014 (173 main applications)
Notes Official annual report of the Office of the Regulator (ORiip, renamed OR-GCES in Nov 2020, ORGCEM later), laid under art. 25(8) Maltese Citizenship Act. orgcem.gov.mt sits behind a Cloudflare bot check: curl gets HTTP 403, so no copy is kept in raw/ (except 2014, saved through a browser). Text was read from the PDF text layer in a browser (pdf.js). Page numbers are PDF page indices, with the printed page number where one exists. Spacing artefacts from the text layer (e.g. '202 1') have been removed in quotes. Reports up to 2019 cover 1 July-30 June; the 2019-2020 report covers 18 months (1 Jul 2019-31 Dec 2020); from 2021 on, reports cover calendar years. Mostly narrative; few statistics.
Source id mlt-orgcem-ar-2014 · accessed 28 Sep 2026