- Citizenship by Investment
Malta is an EU member state since 2004, with 316 Km2 and with the population of 432 K people. The country is famous for its outstanding beaches and fantastic climate. Malta is extremely safe country, which has a fast growing economy and stable political situation. The 7500 years of History, excellent education system and low crime rate makes the country one of the first destinations for family settlement in the EU. Malta is one of the first countries in EU offering Maltese citizenship to high net-worth individuals and their family members. The program started from 2014 and as of the statistics of 2016, there are more than 800 applications received by the Maltese government from more than 40 countries.
According to the IIP, the investor must be at least 18 years old and has three alternative ways of investment:
|Contribution to the National Economic and Social Development Fund||Residential Immovable Property||Investment|
|Investor – 650, 000 Euro||Buying Real Property- worth at least 650,000 Euro||Investment in Bonds, Stocks or debentures – 150,000 Euro|
|Spouse - + 25,000 Euro||Leasing immovable property - at least 16,000 Euro per year|
|Each dependent under 18 years old – 25,000 Euro||The real property must be kept at least 5 years and cannot be sublet|
|Each dependent over 18 years old – 50,000 Euro|
The investor must submit a certificate of health from the reputable health system to the Maltese authority. The investor and his/her family members must have a good health conditions without any contiguous decease. The applicants must have global insurance policy covering at last 50,000 Euro. In order to apply for the Maltese citizenship, it is mandatory for the applicant to complete 1 year residency in Malta. This is important for Maltese government in order to find out how much the applicant wants to have a Maltese citizenship (Genuine Links). As soon as investor buys a real property in Malta, they receive the eResidence card, which signifies the commencement of the residency. Residency of 1 year does not mean that the investor must spend whole 365 days in Malta. The law says that in case if the citizenship applicant buys or rents real property in Malta, then he/she is not obliged to spend any time on the island. The granting of citizenship needs approximately 2-6 months, after 1 year residence period. The citizenship application is submitted to Identity Malta by an Accredited Person. There are due diligence fees:
- 7500 Euro for the investor
- 5000 Euro for the spouse
- 5000 Euro for each Adult dependents
- No fee for Minor dependents (0 – 12)
- 3000 Euro for minor dependents (13-17)
- Malta Passport fee - 500 Euro for each person
- 200 Euro Bank Charges
Maltese law does not require the investor to renounce the initial citizenship. Dual citizenship is permitted by the Maltese Law. Maltese citizen is automatically citizen of EU and he/she can study, live and work permanently in European Union.
In Malta, even after obtaining the citizenship and residing in the country, he/she can retain their status of “non-domiciled” person. People, who reside in Malta but have a non-domiciled status, shall pay the taxes only on the income earned in Malta. Malta does not have any municipal taxes, inheritance taxes and estate duties.
Located in the continent of Europe, Malta does not share land borders with any countries.
Euro (€)[b] (EUR)
Unitary parliamentary republic
CET (UTC+1) | Summer (DST) CEST (UTC+2)
Reasons to choose Malta?
- Amazing climate and food
- Visa free travel to more than 160 countries in the world
- No restriction on holding dual nationality
- 6 months procedure for obtaining the citizenship
- Permanent citizenship which can be transferred to future generations
- Good quality of life
- Better education for children
- Stable political system
- Possible tax planning benefits
- Personal security
- No permanent residence requirement
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Entry denied: libya