Malta Expects Budget Surplus Thanks to Citizenship Program

Malta Citizenship by Investment Program Yields Budget Surplus

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Malta’s Citizenship by Investment Program (CIP) has been a tremendous success by any measure. The country’s CIP is considered one of the most desirable by investors interested in gaining a second citizenship. Now Malta is forecasting a higher budget surplus next year due to the number of investors the country expects to welcome in the coming year.

Last year Malta’s economy grew by 6.4% which put it second in growth behind only Romania which grew 6.9%. Malta’s budget for 2019 is expected to total 1.3% of the country’s GDP. If the government’s forecast is correct then 2019 will mark Malta’s fourth consecutive year of budget surpluses. That is a dramatic change for the country. Prior to 2015 Malta had not experienced a budget surplus since the 1980s.

Malta’s CIP program is credited for this financial turnaround. Fully 62% of next year’s budget surplus is expected to come from the infusion of capital through the Malta CIP.

Astons is a leading global immigration advisory firm, offering residency & citizenship investment solutions in the UKEU & the Caribbean. Astons offers leading EU citizenship by investment programs, predominately Cyprus and Malta who are renowned as the best European CIPs, and the quickest programs available in Europe.

Astons is an active and regulated Member of the Investment Migration Council (IMC), for EU & Caribbean investment immigration, assisting clients to become global citizens, based on their specific requirements.

For a private consultation to discuss your personal circumstances and the best EU citizenship option for you, contact info@astons.com where our specialist immigration lawyers and advisors are on hand to assist you.