What is the Individual Investor Program for Malta?
It’s the first citizenship program in the European Union to be approved by the European Commission. Individual Investment Program requires individual investors to make an economic contribution to the Malta.
What are the conditions of application for the Individual Investor Program?
Investors may apply for the Individual Investor Visa under the conditions;
- the main applicant must be at least 18 years of age,
- contribution of €650,000 to Government Development Fund,
- minimum property purchase of €350,000 or lease of a residential property for a minimum of €16.000 per annum, (to be held for at least 5 years)
- an investment in bonds to be identified by Identity Malta, for a minimum value of €150,000 to be held for a minimum period of 5 years.
- Global Health Insurance coverage for at least EUR 50,000 for the main applicant
- applicant must have been a legal resident of Malta for one year prior to the certificate of naturalisation being issued,
- due diligence fees are payable for the main applicant
- applicant must visit Malta in person to undertake the Oath of Allegiance
- absence of criminal record
How long does the process take?
Application process for Individual Investor Program takes approximately 6 to 12 months.
What are the advantages of this Program?
Key advantages of this citizenship program are;
- Very High Quality of life
- Visa free travel to more than 160 countries in the word
- Dual citizenship
- Possible tax planning benefits
Ketenci&Ketenci is a leading international law firm advising on global citizenship. Please contact us for further details and queries to obtain Malta Citizenship.
FREQUENTLY ASKED QUESTIONS (“FAQ”) IN RELATION TO MALTA CITIZENSHIP BY INVESTMENT PROGRAMME
Why choose Malta?
Malta is safe and stable country with a friendly people living a European lifestyle. It offers warm and comfortable climate to the applicants. Dual Citizenships is allowed in the amazing country and there is no language test requirement to apply for the Malta Citizenship by Investment programme. Additionally, Malta offers very reasonable tax rates to Maltese Citizens and residents.
Do I have to travel to Malta to start the Citizenship procedures?
The applicant must reside in Malta for at least 12 months in order to acquire a Malta passport.
What are the visa-free travel opportunities for citizens of Malta?
The Maltese passport owners have opportunities of visa-free travel approximately 168 countries, including all European Union members as well as Norway, Switzerland, Liechtenstein and Iceland.
Is Malta a tax haven for investors who are keen on Citizenship by Investment Program?
Certainly. Malta is one of the most attractive tax havens all around the world and Schengen Area, keeping in mind that no inheritance, gift, municipal or wealth tax is collected by Maltese government. Property taxes are also kept at a minimal level.
Is it possible for two or more different investors to obtain Maltese Citizenship depending on a single real estate?
Yes, this is possible. Real Estate Investments required for Maltese CBI program has been specified as USD 350.000. Thus, main applicants are bound to invest this price, along with above stated donation to be made by each main applicant in order to complete basic requirements for Malta CBI.
Is there any official legislation which designates Maltese Citizenship by Investment Program?
Malta CBI Program has been regulated under some provisions, but the main legal text on this matter to take into consideration is Chapter 188 of Maltese Citizenship Act, which has been amended in year 2013.
Do you offer approved real estates for Malta Investment?
Yes. We offer approved projects suitable to proceed for Malta Citizenship by Investment and Maltese Residency programs.
Is Maltese Citizenship acquired/valid for life?
Yes, once the citizenship is acquired, it becomes a permanent citizenship for life for you and the citizenship could also be passed to your future generations.
Can we change our names after obtaining Maltese citizenship?
Yes, but the applicant may only apply for the change of name after the citizenship is acquired.
How many family members can apply for citizenship along with the Main Applicant?
All family members can apply with the main applicant.
Is there any language requirement to apply for Maltese Citizenship?
No, there is no language requirement.
Once Maltese Citizenship is acquired, in the case that the applicant will not stay in Malta, what will be main applicant’s tax liabilities in Malta?
Tax system in Malta is basically established on residency. Hence, non-resident citizens will not be tax payers.