What are Malta PIFs Used for and What are their Benefits?

[sumaiyakhatun26]

PIFs are often used for hedge fund structures with underlying assets ranging from transferable securities, private equity, immovable property, and infrastructure. They are also commonly used by funds engaging in cryptocurrency trading.

PIFs offer many benefits, including:

PIFs are intended for professional or high-worth investors and do not therefore have the lebanon mobile database restrictions usually imposed on retail funds.
There are no investment or leverage restrictions and PIFs can be set up to hold just one asset.
There is no requirement to appoint a Custodian.
A fast-track licensing option available, with approval within 2-3 months.
Can be self-managed.
May appoint administrators, managers, or service providers in any recognised jurisdictions, members of the EU, EEA, and OECD.
Can be used to set up for virtual currency funds.
There is also the possibility of re-domiciling existing hedge funds from other jurisdictions to Malta. In this way, the fund’s continuity, investments, and contractual arrangements are continued.