As the most popular European immigration destination in 2017, Malta has consistently been a focal point of discussion among high-net-worth individuals in China. As the saying goes, 'tall trees catch much wind'; there have been frequent instances of unscrupulous agencies in the market fabricating information about this program or even defrauding investors. Today, let us examine the scams and hidden risks associated with the Malta Government Bond immigration program.
Rumored Malta Government Bond immigration scams
I. The Malta Government Bond immigration act is not supported by the government
On February 23, 2016, the official website of the Malta Identity Agency released detailed program guidelines and a full set of application forms, fully opening applications to non-EU nationals. Through these policies, it is clear that Malta Government Bond immigration is supported by the Maltese government, has official endorsement, and is included in the immigration act. It offers investment returns and is zero-risk; therefore, applicants can invest in this program with confidence.
II. The Malta government bond investment amount is not returned after five years
First, Malta government bonds are a type of government bond issued by the Maltese government to raise fiscal funds. They are debt instruments issued by the government to investors, promising to pay interest over a certain period and repay the principal upon maturity. In other words: you lend money to the Maltese government, and the government gives you an IOU or records it in their system, backed by the country's credit, making it the safest type of bond.
Moody's has assigned Malta an A3 credit rating. This rating is primarily based on the positive outlook for the Maltese economy and the large, reliable local advanced reserves resulting from a high savings rate. The A3 rating for Malta government bonds is considered an upper-medium investment grade, demonstrating that the credit rating of the Malta Government Bond immigration program is reliable and secure.
III. The total investment for Malta immigration is too high and not cost-effective
In addition to the €250,000 investment, there is also a financing option for Malta immigration. Because the returns on Malta government bonds fluctuate, to maximize benefits for investors, the financing platform has decided that for any investors participating in the financing scheme between July 18, 2017, and September 31, 2017, after paying €25,000 in legal fees, the total of €50,000 in rent for the first five years will be covered by the financing platform. Would you say that is cost-effective?
Hidden risks of Malta Government Bond immigration
Precisely because of the popularity of the Malta investment immigration program, there have been constant reports of fraud regarding Malta immigration projects recently. Therefore, Worldway Immigration reminds everyone to keep your eyes open when choosing an immigration agency and to evaluate immigration companies from multiple perspectives.