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ABOUT MALTA CITIZENSHIP BY INVESTMENT
In 2020, the Maltese Citizenship by Investment was closed; then, the government officially launched the Maltese Exceptional Investor Naturalisation Policy. Since then, they have started receiving applications for naturalization in Malta. Eligible applicants must be above 18 years of age, in good health condition, and without a trace of a criminal record.
Furthermore, the applicant must invest in any of the following: real estate projects approved by the government, invest in the stock, debentures, bonds, or contribute to the government.
Country Statistics
Malta is situated in the heart of the Mediterranean. The country has an interesting historical background connected to it. Its history is related to its succession of great leaders such as the Phoenicians, Carthaginians, Romans, Byzantines, Moors, Normans, French and British. The country of Malta successfully gained independence in 1964 after 160 years of British rule.
Facts About Malta
- Maltese and English are the two official languages
Malta is a member of UN, CoE, IMF, EU, Eurozone, and th Schenhen Area. - Euro is the official currency
- The Prime Minister is the head of the Maltese Government. The country operates as a constitutional republic and parliamentary democracy.
- Valletta is the capital of Malta. In the whole of the European Union, Valletta is the smallest national capital.
- It has a modern airport that connects to most European cities
- The country’s temperature is stable. It has a warm Mediterranean climate; hot, dry summers, short winters, warm spring, and autumn experience moderate
rainfall.
Obtaining a Maltese passport and dual citizenship is advantageous. There are political and economic freedom and lots of educational opportunities.
We are available for consultation and assistance to those interested in getting a Maltese passport and second citizenship. We have professionals waiting and willing to guide you through the process until you get your application approved.
BENEFITS OF MALTESE CITIZENSHIP
Visa-free Travel
With the Maltese passport, the holder can benefit from visa-free and visa-on-arrival travel to over 180 countries across the globe. Some o these countries include the EU, UK, and Canada
Consular Support
Bearers of Maltese citizenship are automatically citizens of the EU. Therefore they are entitled to consular protection from any EU worldwide.
Health and Education
There are unlimited rights to live, work, and study within the EU. Also, unrestricted access to healthcare facilities.
Tax Relief
The country operates a low taxation policy with no foreign income tax, no inheritance tax, and no tax interest gained.
Business Opportunities
Citizens of Malta can reach out to business opportunities and expand across EU countries, having access to over 500 million people in the market.
Dual Citizenship Allowed
The Maltese government allows dual citizenship, and holders can still keep to their original nationality.
VISA FREE COUNTRIES FOR MALTA CITIZENSHIP HOLDERS
By obtaining Maltese citizenship, you have access to visa-free and visa-on-arrival travel to over 180 countries across the globe. Some of these countries include the EU, UK, and Canada.
Maltese passport is recognized as the 6th most reputable passport worldwide,
according to the report of Passport Index for 2021. The country is also a member of the Schengen Area. Being a bonafide member of the Schengen Area, Maltese passport holders can travel freely between the 26 countries of the Schengen region. This benefit cuts out time wastage at the embassy and unnecessary spending of resources for visa applications.
- Albania
- Andorra
- Angola
- Antigua and Barbuda
- Argentina
- Armenia
- Australia
- Austria
- Azerbaijan
- Bahamas
- Bahrain
- Bangladesh
- Barbados
- Belarus
- Belgium
- Belize
- Benin
- Bolivia
- Bosnia and Herzegovina
- Botswana
- Brazil
- Brunei
- Bulgaria
- Burkina Faso
- Cambodia
- Canada
- Cape Verde
- Chile
- Colombia
- Comoros
- Costa Rica
- Croatia
- Cyprus
- Czech Republic
- Denmark
- Djibouti
- Dominica
- Dominican Republic
- Ecuador
- Egypt
- El Salvador
- Estonia
- Ethiopia
- Fiji
- Finland
- France
- Gabon
- Gambia
- Georgia
- Germany
- Greece
- Grenada
- Guatemala
- Guinea-Bissau
- Haiti
- Honduras
- Hungary
- Iceland
- India
- Indonesia
- Iran
- Ireland
- Israel
- Italy
- Jamaica
- Japan
- Jordan
- Kazakhstan
- Kenya
- Kiribati
- Kuwait
- Kyrgyzstan
- Laos
- Latvia
- Lebanon
- Lesotho
- Liechtenstein
- Lithuania
- Luxembourg
- Macedonia
- Madagascar
- Malawi
- Malaysia
- Maldives
- Marshall Islands
- Mauritania
- Mauritius
- Mexico
- Micronesia
- Moldova
- Monaco
- Montenegro
- Morocco
- Mozambique
- Myanmar
- Nepal
- Netherlands
- New Zealand
- Nicaragua
- Norway
- Oman
- Palau
- Panama
- Papua New Guinea
- Paraguay
- Peru
- Philippines
- Poland
- Portugal
- Qatar
- Romania
- Rwanda
- Saint Kitts and Nevis
- Saint Lucia
- Saint Vincent and the Grenadines
- Samoa
- San Marino
- São Tomé and Príncipe
- Senegal
- Serbia
- Seychelles
- Singapore
- Slovakia
- Slovenia
- Solomon Islands
- Somalia
- South Africa
- South Korea
- Spain
- Sri Lanka
- Swaziland
- Sweden
- Switzerland
- Tajikistan
- Tanzania
- Thailand
- Timor-Leste
- Togo
- Tonga
- Trinidad and Tobago
- Tunisia
- Turkey
- Tuvalu
- Uganda
- Ukraine
- United Arab Emirates
- United Kingdom
- United States
- Uruguay
- Uzbekistan
- Vanuatu
- Vatican City
- Venezuela
- Zambia
- Zimbabwe
GUIDELINES FOR APPLICATION FOR MALTESE CITIZENSHIP
Document Screening
We assist you in screening your document in preparation for government approval. For this process to go smoothly, applicants are expected to make a down payment for opening the application. We also give professional support to applicants on advice and the right documents that fit the government criteria.
Purchase of Property
Our team will help you look for property that matches the government requirement for real estate. The application will be submitted as soon as the property is purchased and all documents are signed. In addition, submission of health insurance for the applicant and dependent(s) and application fees is necessary.
Biometric Data
As soon as the government screen and approve your application, you will be required to travel to Malta for biometrics. After that, you would get a residential card in a few weeks and then maintain this residency permit for 36 months. After this period, you can apply for citizenship.
Submission of Citizenship Application
The citizenship application is submitted to the government agency in charge. First, the applicant would be needed to pay the government fees. Then, the government would do the applicant’s background investigation. This process will take 6 months before the final approval.
Payment of Contribution
Applicants must pay the remaining part of the contribution in 25 days after the final government approval.
Proof of Property Purchase and Medical Coverage
The property purchase agreement and medical coverage proof must be shown within 4
months of approval. Also, the property purchase capital gets transferred, and taxes settled.
Oath of Allegiance and Certificate of Naturalisation
At this point, the applicant with the family-inclusive must travel to Malta to swear an oath of allegiance and get the naturalization certificate. A biometric passport will be given after our professional fee is settled.
Note: Approval of Maltese residency permit is the sole decision of the Maltese
Government. However, the application may be turned down based on the following reasons; if it is discovered that the details on the application or documents presented are false, if the applicant is associated with a body or event that would tarnish the image of Malta, engaged or investigated for a criminal offense.
Costs of Malta MEIN
For applicants to qualify for the Maltese Exceptional Investor NAturalisation Policy (MEIN), a mixed investment is required in several options. Depending on the applicant, a 12 or 36 months investment timeline would be required.
1. 12 Months Investment
Exceptional Direct Investment
Main Applicant – EUR 740,000
Each Dependent – EUR 50,000
2. 36 Months Investment
Exceptional Direct Investment
Main Applicant – EUR 590,000
Each Dependent – EUR 50,000
Real Estate
Investing in real estate, either by leasing or purchasing, is required, apart from a 12 or 36-month timeline investment.
Minimum Property Investment – EUR 700,000
Property rent per annum – EUR 16,000
Contribution
Furthermore, an additional compulsory option for interested applicants is a contribution to government recognized non-profit organization as instructed by the Community Malta Agency.
Contribution – EUR 10,000
Additional Associated Costs
Residency stage costs
Part-payment of a non-refundable deposit
Main applicant – EUR 10,000
Residence Permit
Main applicant – EUR 5,000
Each dependent – EUR 1,000
Residency Card (Administrative Fee)
Main applicant – EUR 28
Each dependent – EUR 28
Eligibility stage costs
Due Diligence
Main applicant – EUR 15,000
Each dependent – EUR 10,000
Benefactor (if applicable) – EUR 15,000
Administrative fee
Main applicant – EUR 1,000
Each dependent – EUR 1,000
Benefactor (if applicable) – EUR 1,000
Notwithstanding, our professional fees, certificate of Citizenship, passport, official application forms, and other disbursements are the only charges inclusive of the cost. A detailed quotation without any hidden charge will be made available.
PROGRAM DURATION
The duration of 6 months is the specified timeframe for the application process. However, the initial duration of document collection could be a bit longer depending on how fast the applicant provides the required documents. We are fully on the ground to assist our client (applicant) pass-through this stage faster with samples and professional advice.
The duration of the renewal stage depends on the availability of the agency that would handle it. We have no regulation over this particular process. However, we assure you that we work with the best Government agencies to hasten the entire process and make our client (applicant) get quick approval.
PROGRAM REQUIREMENTS & LEGAL GROUNDWORK
MAIN APPLICANT CRITERIA
QUALIFIED DEPENDENTS
*Note that parents and children above 18 are dependent on the applicant.
Legal Groundwork
Citizens of good conduct, alongside their families, maybe approved for Malta
Citizenship based on the amendment passed in November 2013 to the Maltese
Citizenship Act, Chapter 188 of the Laws of Malta. In addition, applicants must show proof of 1-year residence in the country, contribution to the economic development of Malta, and proof of residential property in the country.