MALTA CITIZENSHIP BY INVESTMENT
CAPITAL CITY
Valletta
LANGUAGE
Maltese, English
POPULATION
436,950
TIME ZONE
Central European Time Zone (UTC+01:00)
NEAREST COUNTRY
Italy, 255 km
VISA FREE COUNTRIES
182 inc. EU, US, UK, Canada
TOTAL AREA
316 km²
CURRENCY
Euro €
MALTA
Malta enjoys a stable political climate and a bi-partisan political scene that is largely convergent on issues of national and economic importance. Malta and Germany were the only two states in the Euro Zone maintaining economic growth during the financial crisis. Malta’s banks have been ranked amongst the top 5 soundest banks in the world. Malta has been a member of the EU since 2004 and of the Schengen Area since 2007. Citizenship obtained under this programme grants the rights of full citizenship for life and can be passed onto future generations by descent. Maltese citizenship grants access to all investment opportunities in Malta and throughout the EU open to Maltese and EU citizens.
LEGAL BASIS FOR MALTESECITIZENSHIP BY INVESTMENT
Maltese Citizenship by Investment may be granted under an amendment passed in November 2013 to the Maltese Citizenship Act, Chapter 188 of the Laws of Malta. These amendments provided the framework for the enactment of LN 47 of 2014. The “Malta Individual Investor Programme (MIIP) rules provide for affluent persons of impeccable standing and repute to be naturalised and to receive Maltese citizenship on the basis of a contribution to and investment in Malta.
BENEFITS OF MALTA CITIZENSHIP
Fast Process 4 Months. Citizenship in 12 Months Total
Fast Track Schengen Residency until Passport is issued
EU-Approved EU Freedoms Schengen
182Visa-Free Destinations Inc. US, CA, UK
High Quality & Free Healthcare, Education
Children & Parents Included. Passed Down
ELIGIBILITY
The main applicant for Malta Citizenship by Investment must be at least 18 years of age. Eligible dependents include the spouse, children, parents and grandparents, under certain conditions.
‘FIT AND PROPER’ TEST
The Government of Malta is committed to the highest standard of due diligence to ensure only deserving and reputable applicants are allowed to proceed for the grant of Maltese citizenship. Applicants must demonstrate a clean criminal record, verified with the International Criminal Court, INTERPOL and other authorities.
GOOD HEALTH
Applicants must show they do not suffer from a contagious disease or a health condition that could become a significant burden on the Maltese health system.
PROPERTY PURCHASE OR RENTAL
Applicants are required to make an investment in property of at least €350,000 or enter a property rental contract for at least €16,000 p.a, both on five year contracts.
CONTRIBUTION TO THE NATIONAL DEVELOPMENT & SOCIAL FUND
To qualify for Maltese citizenship by investment, the main applicant is required to contribute at least €650,000 to Malta. Of this contribution, 70 per cent will go into the Fund set up by the Government of Malta and run by a board of trustees. The rest goes to the consolidated fund. Spouses and children are required to contribute €25,000; unmarried children between 18 and 26 and dependent parents must contribute €50,000 each.
INVESTMENT IN BONDS/SHARES
Applicants are required to invest at least €150,000 in Government approved bonds / shares listed on the Malta Stock Exchange which are to be kept for 5 years.