Malta’s Highly Successful Individual Investor Program is further improved: Henley & Partners Announce a new Agreement with Bank of Valletta
Henley & Partners have announced an agreement with Valletta Fund Management Limited (VFML) in relation to the Maltese Individual Investor Program (IIP). The new agreement will provide an excellent route to the required investment in Maltese Government Bonds.
The IIP is a modern citizenship-by-investment program aimed at ultra-high net worth individuals and families worldwide. It was designed and is operated by Henley & Partners for the Government of Malta under a Public Services Concession.
The IIP allows for the grant of citizenship to duly qualified, reputable foreign individuals and families who make a significant contribution to the economic development of Malta.
VFML are part of the Bank of Valletta Group (BoV) and are jointly owned by BoV (60%) and Bank of New York Mellon (40%), one of the world’s largest banks and asset managers.
Henley & Partners have worked with BoV since the launch of the Individual Investor Program (IIP) and their service levels have been first class. The team has an in-depth understanding of the IIP and the needs of our client demographic. The Fund has a track record of performance since 1998. The annualised rate of return since inception has been 4.86%, and in the last three years, 13.6%. The Fund is managed by professionals and performance updates are provided every six months. The Fund has been approved as a qualifying investment by Identity Malta.
This announcement comes as the IIP continues to build upon its significant early success.
Over 200 applications for citizenship have been received since the program’s launch in early 2014, with a number already at the Due Diligence phase. There are over 30 nationalities represented among the applicants so far. The IIP has the world’s strictest Due Diligence standards, ensuring that only highly respectable clients will be admitted.
The program intake is also capped at 1,800 successful main applicants, after which the program will close, making this the most exclusive program in the world.