Our Expertise

Structured finance

Isatis provides corporate advisory services and consulting in the establishment and the rollout of complex and highly-engineered corporate finance strategy. Our area of expertise includes the organization, the inception and the approval by relevant regulators and government authorities of Special Purpose Acquisition Company (“SPAC”). These SPACs fall under several European migration programs such as: The United Kingdom Tier 1 (investor) visa, the Maltese Individual Investor Program, the Malta Residency & Visa Program, the Ireland Immigrant Investor Programme, and the Start-Up Entrepreneur Programme.

Crowdfunding, ICO and ITO

Crowdfunding and so-called initial token offerings or secure token offerings have become popular in recent years. Even though promoters may see these new funding mechanisms as a possible new “El Dorado”, these mechanisms are highly regulated and call for specific expertise. As part of its suite of services, Isatis can advise organisational planning to conduct crowdfunding and launch an ICO or an ITO by drafting the required documentation, choosing a portal and a blockchain as well as by complying with national and foreign rules that regulate this new type of offering.

Economic migration programs

Economic migration programs are government-regulated programs that offer citizenship or permanent residency in favour of a specific investment in the host country’s economy. According to Fortune Magazine, economic citizenship programs across the globe are a USD 2 billion dollar business per year. Residency by investment is another big market that accounts for 3 or 4 times more than citizenship programs.

The IIP, the MRVP as well as the UK and the Irish programs are among the top ten citizenship, and residency-by-investment programs in the world

Individual Investment Program

Malta has a cap of 1800 naturalizations under the IIP. As per recent modifications to the IIP rules and regulations, each applicant must invest a minimum of €150,000 in eligible securities – which are securities listed on the Malta Stock Exchange and that have been declared suitable for IIP and MRVP candidates. In 2018, this represented a total of €126,000,000 of purchase of eligible securities. According to Identity Malta, between July 1st 2016 to June 30th, 2017 the total contribution made by the IIP to the Maltese economy is estimated at €10,584,600,000 which is equivalent to 2, 7% of the GDP.

Malta Residency & Visa Program

The Malta Golden Visa program is not capped. Even though it is the youngest permanent residency program in Europe, it already attracts about 1000 applicants per year. Each applicant must invest a minimum of €250,000 in eligible securities – which are securities listed on the Malta Stock Exchange that have been declared suitable for IIP and MRVP candidates. So far, this represents a total of €250,000,000 of purchase of eligible securities. Effective September 1st, 2018 in terms of regulation 2(1) of the Malta Residence and Visa Regulations (S.L. 217.18), Identity Malta made an announcement that the investment referred to in regulation 6(1)(d) can be made in debt or equity securities listed on the Malta Stock Exchange.

UK Tier 1 (investor) Visa

An analysis of the statistics by Shard Capital and Guardian Stockbrokers in The United Kingdom shows that 92 Tier 1 Investor visas were granted during the second quarter of 2018 keeping an average of 80 applicants per quarter or about 320 applicants per year. Each applicant must invest a minimum of £2,000,000 in eligible securities – which represents £640,000,000 of investable capital per year.