Russian Citizens Make Over Half of Malta's IIP Applications
Malta IIP Applications Citizens of former Soviet republics account for 59 percent of Individual Investor Program(IIP) applications for Maltese passports, according to a report to the Maltese parliament by the regulator of the program, Godwin Grima. Of these, 54.3 percent came from Russian citizens, with Grima noting: “Whilst Russia may be defined as a European…