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Will Malta's Citizenship by Investment Cease to Exist?

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nomadcapitalist.com

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help@nomadcapitalist.com

Sent On

Mon, Jun 17, 2024 11:03 AM

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Discover the implications of Malta's upcoming CBI court hearing and explore your investment options.

Discover the implications of Malta's upcoming CBI court hearing and explore your investment options. [image]( Hi {NAME}, Will Malta's citizenship by investment (CBI) program cease to exist? The European Court of Justice is set to hear the European Commission’s case against Malta today, and the implications for the CBI world could be significant. The Situation In October 2020, the European Commission initiated infringement procedures against Malta and Cyprus over their citizenship by investment programs. The Commission argues that these programs violate EU principles by granting citizenship without genuine links to the country. Malta disputes this claim, arguing that its program is legal and beneficial. After multiple warnings and formal notices, the Commission escalated the issue to the European Court of Justice. The hearing is at 14:30, where both sides will present their arguments. What This Means The outcome of this case is crucial not only for Malta but for the entire citizenship by investment landscape. A ruling against Malta could set a precedent affecting similar programs across Europe. So keep an eye on this development as it unfolds, as the decision will have far-reaching implications for current CBI programs and the industry as a whole. In Freedom and Prosperity, The Nomad Capitalist Team [Update Email Preferences]( | [Unsubscribe]( Nomad Capitalist Limited 2301, 23F Bayfield Building 99 Hennessy Road Wanchai Hong Kong +1 (979) 966-6623

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