Landlords like Anton Refalo and the Polidano Group who are renting out their properties to Delsk’s subsidiaries, namely JWP Malta Ltd, Mediterranean Heart and Destination Europe, are very well aware they are participating in a fraud.
Basically, the system works very simple. A landlord such as Polidano would rent out a property to JWP Malta Ltd for €400 – €600 per month knowing in advance that no one would live in the apartment (hence the low price). JWP Malta would then rent out the property to a Chinese individual applying for the Malta Permanent Residence Programme for €1000 – €1500.
Here’s the catch, however. The majority of the Chinese applying for the MRRP and renting properties through JWP, don’t actually live in these rented properties and many of them are even living abroad. The only Chinese residents who are actually living the properties they are renting through JWP are the ctiziens who are sending their children to school.
It’s particularly interesting to see a government minister defrauding his own government through a residency scheme. With his consistent criminality Anton Refalo really sets up a high bar in standards apart from serving as a good example to his children and future generations.
Website Editor
Historian and Publisher
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