A New York Times journalist, in search of an elusive American billionaire known for his support of far-right politicians, including Donald Trump, stumbled upon the sordid reality of Malta's IIM (Citizenship by Investment) programme recently. His article, In Malta, a Door Knock Brings a Lead, proves that not only is the residency requirement totally bogus, but the participants actually rent out their mandatory residence to others. In this case, it actually was a fully functioning Airbnb vacation home, supervised by the applicant's Maltese attorney. The journalist actually encountered the temporary tenant in person.
In truth and in fact, the applicant, American billionaire, Peter Thiel, was not really living in that "two-bedroom apartment, in a sightly rundown building, surrounded by beer cans, " to quote from the article, which appeared today on page two of the NY Times. Given that the story appeared in the Sunday edition of our country's most popular newspaper, considered to be the newspaper of record here, which is routinely purchased and read by Americans all over the nation, as they regular weekend required reading, millions of American decision-makers will learn today that Malta's IIM programme is full of legal holes, and should be given a wide berth. After reading the above story, the glossy PR articles being published of late touting the Maltese passports, placed by a major international citizenship consultancy, which has targeted affluent ultra high net-worth Americans, will most likely be totally ignored,
Malta, the cat, as we say, is definitely out of the bag. Your flawed CBI programme has been exposed.
WWWW
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