The Malta Citizenship by Investment Program was launched to attract foreign investment, talent, and experience to the country, the government. Malta offers citizenship to wealthy foreign citizens in good standing and their families in exchange for their investment in the country’s economy.
The funds received under the citizenship program are used for the benefit of the population, for example, for the development of education, research, innovation, social purposes, and the reduction of unemployment, as well as for environmental and health purposes.
Why do you need to invest in Malta? Let’s talk about the advantages that Malta offers to investors below.
Freedom of movement around the world
Malta passport for investment is a guarantee of visa-free travel to many countries of the world. It will allow you and your family to travel for tourism and business without any problems. Malta’s passport provides holders with visa-free travel to 161 countries (including EU countries). This not only saves time and money but also helps you avoid unnecessary stress and gain the opportunity to become a global citizen.
The quality of life
Malta is known for its high living standards, excellent quality of education and healthcare. Malta passport means personal security, economic and political stability, and a low crime rate.
Passport for the whole family
The investment program offers life-long citizenship to all eligible family members of the main applicant. Citizens of the country can enjoy a world-class health care system and study at recognized educational institutions, and do so at a lower cost.
Confidentiality
The entire process of processing applications for citizenship by investment programs is strictly confidential and guarantees complete security. And you can be sure that the information on your second passport will not go outside the country of which you became a citizen. That being said, it is worth checking if your real homeland allows dual citizenship because this is not always the case.
Business
Countries offering investment citizenship are highly developed or fast-growing economies focused on supporting and developing businesses and offering limitless business opportunities, including a skilled English-speaking workforce. As well as tax optimization. The country has no property taxes and a low corporate tax.
Stable Economy
It is a developed, innovative economy with a high level of income of the population. It offers foreign investors a huge number of benefits in exchange for their contribution to the country’s economic development.
Basic Program Conditions
Participants in the program, in addition to financial conditions, must also meet the following requirements:
- The main applicant must be at least 18 years old;
- Minimum investment amount € 1.15 million;
- The returnable investment must be with the applicant for at least 5 years;
- Confirmation of the availability of funds for investment;
- Support letter of guarantee for every dependent over 18 years old, except a spouse;
- Due diligence for all applicants over the age of 13;
- Good health for all applicants;
- No criminal record or violations of immigration laws;
- Having a 1-year residence permit in Malta;
- A regular visit to the country to get acquainted with the culture of the country and the way of life.
Dependents
You can bring your whole family to Europe. Dependents are considered to be spouses and children under 18. Children between 18 and 26 years old who are unmarried and financially dependent on the main applicant. Also, parents and grandparents over 55 years old who live with the main applicant and are financially dependent on him/her.
Malta residence permit for foreigners
Foreign nationals wishing to obtain citizenship of this country must first obtain an EU resident card under the Malta Residency Program. The Malta residency program can be used on its own by those who want to be a resident but not become a citizen, or obtaining a resident card can be the first step towards obtaining citizenship of Malta.
The resident card is issued indefinitely. It will be monitored annually for the first five years, and then every five years. This means that the applicant will have to visit Malta to renew their status every year for the first five years and then once every five years.
Investment requirements for citizenship of Malta
Investing has three parts: a government donation, buying or renting real estate, and buying approved financial instruments. Besides, there are additional fees.
1. Government donation
The main applicant and his financial dependents must make the following contributions:
Main applicant: € 650,000
Spouse and dependent under 18 years of age: € 25,000
Dependents over 18: € 50,000
2. Investment in real estate
The main applicant must invest in real estate in Malta as follows:
Buy real estate for at least € 350,000 or
Rent a property for a minimum rental amount of € 16,000 per year.
This property cannot be rented or re-rented – it must remain in the ownership or use of the applicant for at least 5 years from the date of purchase or lease.
3. Purchase of securities
The applicant must invest a minimum of € 150,000 in government bonds and other investment vehicles. These tools must be owned by the applicant for at least 5 years.
