Malta Citizenship by Investment
Malta’s Citizenship by Investment Program stands out as the first of its kind within the European Union to gain approval from the European Commission. This initiative invites individual investors to make a significant economic contribution to Malta, thereby opening the door to numerous benefits and opportunities associated with Maltese citizenship.
Language
Maltese
Currency
Euro
Total Area
316 km2
Capital
Valletta
Government
Parliamentary Republic
Population
493,559
Eligibility Criteria for Applicants:
Investors looking to apply for Maltese citizenship must adhere to the following requirements:
The main applicant should be at least 18 years old.
A contribution of either €600,000 or €750,000 must be made to the Government Development Fund, depending on the desired speed of application processing.
A commitment to purchase property in Malta with a minimum value of €700,000 or to lease residential property at a minimum annual rent of €16,000, both to be maintained for at least five years.
A mandatory donation of at least €10,000 to a Maltese non-governmental organization or society.
Global Health Insurance coverage with a minimum value of EUR 50,000 for the main applicant and each dependent.
The applicant must have been a legal resident of Malta for a year prior to the issuance of the certificate of naturalization.
Payment of due diligence fees by the main applicant.
A requirement for the applicant to personally visit Malta to apply for a residence permit card.
A clean criminal record is essential.
Application Timeline:
The journey to Maltese citizenship typically spans 12 to 36 months from the initial application to the granting of citizenship.
Program Benefits:
The Malta Citizenship by Investment Program offers a plethora of advantages:
Exceptionally high quality of life within a stable and safe EU country.
Visa-free or visa-on-arrival access to 186 countries, including the entire European Union, Norway, Switzerland, Liechtenstein, and Iceland.
The opportunity for dual citizenship.
Potential tax planning advantages due to Malta’s favorable tax regime.
Why Malta?
Choosing Malta means opting for a life in a secure, English-speaking country in the Mediterranean, known for its friendly populace, European lifestyle, and comfortable climate. Malta’s tax system is also highly attractive to investors, offering significant efficiencies for Maltese citizens and residents alike.
Frequently Asked Questions:
Do I need to reside in Malta to begin the citizenship process?
Yes, the applicant must have been a legal resident of Malta for at least 12 months prior to acquiring a Malta passport.
What does Maltese citizenship offer in terms of global mobility?
Maltese citizens enjoy visa-free or visa-on-arrival access to 186 countries, showcasing the strength and global acceptance of the Maltese passport.
Is Malta considered a tax haven for investors?
Indeed, Malta is recognized for its advantageous tax regime, with no inheritance, gift, municipal, or wealth taxes. Property taxes are also minimal, making it an appealing destination for investors.
Legislation governing the Malta Citizenship by Investment Program:
The program is regulated under Chapter 188 of the Maltese Citizenship Act, which was amended in 2013 to introduce the citizenship by investment provisions.
Real Estate Investments:
We collaborate with premier developers to offer government-approved real estate projects suitable for the Malta Citizenship by Investment and Maltese Residency programs.
Permanency of Maltese Citizenship:
Once granted, Maltese citizenship is permanent and can be passed down to future generations.
Tax Liabilities for Non-Residents:
Malta’s tax system is based on residency. Therefore, non-resident citizens are not subject to tax on foreign income not remitted to Malta.
Maltese citizenship offers a direct path to EU Citizenship as well as a life of security, mobility, and opportunity. For personalized advice and assistance with your application, please do not hesitate to contact us.