Malta is a small group of islands in the central Mediterranean Sea south of the Italian island of Sicily. This country is politically located between Europe and North Africa as a cultural step. Malta became independent from Britain in 1964 after more than 200 years of colonization. The country has a rich cultural heritage and a history of the world's first civilizations dating back 7,500 years. Malta, has a great climate and very friendly people, a stable and secure country with a very low crime rate. Malta has been a full member of the European Union since 2004 and a member of the Schengen area of Europe since 2007.
Communications, postal services, banking, hospitals and health services, also other important public services in this country are of a very high standard. During these years, the Maltese government has been trying to increase foreign investment by creating great incentives for international investors and entrepreneurs. With this policy, the Maltese government seeks to ensure many things, including strategic positioning, excellent international trade relations, a competent workforce, and a good quality of life, including health care and higher education. Malta’s Passport is the 9th most powerful passport in the world with the possibility of visa-free travel to 168 countries, including the European Union and Canada. Citizens of Malta are citizens of the European Union and can also live, work and study in any country in the European Union, the European and Switzerland’s Economic Area.
A brief look at the Maltese Citizenship Program:
Duration of citizenship: 12-24 months.
Authorized nationalities: All nationalities except Afghanistan, Iran, North Korea.
Visa-free travel countries: 151 countries.
Type of investment: Purchase of shares from government bonds, real estate, National and Social Development Fund.
Investment cost: 1,150,000 Euro.
How to obtain citizenship by investing in Malta:
1. Financial assistance to the Malta’s National and Social Development Fund:
In this method, the main applicant pays € 650,000 to the Malta’s National and Social Development Fund. The surcharge is € 25,000 for spouses and children under the age of 25 and € 50,000 for older children and parents over the age of 55. The Malta’s National and Social Development Fund contributes to Malta's social spending and infrastructure, and undertakes projects for education, health care and job creation.
2 - Investing in real estate:
In this method, the applicant must invest € 350,000 in Maltese real estate. This investment must be kept for at least five years.
3 - Investing by buying shares from government bonds:
In this approach, the investor has to buy € 150,000 of shares from government bonds.
Step by step to obtain Maltese citizenship through investment:
Step 1: Discovering Your Purpose
Submit your application and your companions, along with the requested documents.
Step 2: Pay the costs and some capital
On the double, you have to pay € 10,000 out of a € 650,000 investment. In addition, security information review and investigation costs must be paid at this stage.
Step 3: Review the application from the Government of Malta
At this stage, the Government of Malta will present the result of your request to you after 120 days.
Step 4: Invest
If the application is approved, you will have to pay the remaining € 650,000 to the Malta’s National and Social Development Fund to invest.
Step 5: Invest in the property and get the property
At this point, evidence of investing in real estate must be provided by the investor and an additional € 150,000 should be paid to the investment fund.
Step 6: Obtain citizenship
After completing all the required conditions, the investor and the dependents will receive a certificate of citizenship and a Maltese passport will be issued to them.
Malta Citizenship and Passport Benefits:
- Possibility of living and traveling in the EU
Malta is a full member of the European Union, investors who acquire Malta’s citizenship have the right to live and work anywhere in Europe. Malta is also located in the Schengen area, and Malta’s citizens do not need a visa or passport to travel to Schengen countries.
- Possibility of visa-free travel to more than 168 countries with a Maltese passport.
- Get fast citizenship in Malta
- Possibility of getting citizenship in a short period of time compared to methods other than investment (approximately one year)
- Possibility to get citizenship and passport for the whole family members
- suitable tax conditions
- A stable and secure country
Malta has one of the highest GDPs (Gross domestic product) and the lowest unemployment rate in Europe. It is also known as one of the safest countries in Europe.
Malta citizenship requirements:
Age 18 and above
Excellent health condition and health insurance
No criminal records
Annual income of at least € 100,000 outside of Malta or having a capital of € 500,000
Family members who can obtain citizenship and a passport with the applicant:
It is possible to obtain citizenship and a passport for the whole family.
Dependent children under the age of 27 (normal children, adopted children or stepfathers)
Dependent parents over 55 years old.
tax laws:
- Taxes in Malta are calculated not by citizenship, but by the person's tax residence and source of income. This means that investors do not have to pay taxes in this country to get citizenship.
- At the end of the mandatory five-year investment period, investors may want to sell their property in Malta. If the owner does not live in the property, he is liable to 12% sales tax.
- No inheritance tax
- No wealth tax
- No municipal taxes
- No property tax
General documents required to obtain Maltese citizenship:
- Statement of source of funds
- Bank statement
- Commitment to pay the full share
- Property lease obligation
- Contract for the purchase and sale of real estate
- approved copy of passport
- Health insurance documents
- Original police certificate
- Original or copy of identity documents
- Original or copy of marriage certificate
- Photo and signature certificate
- Medical certificate
- Six passport photos
- Bank letter (more than 6 months)
- Proof of payment of processing costs, accuracy and security of information
- Investment and Deposit Approval Agreement
Cost of Maltese citizenship:
To apply for Malta citizenship through various methods, the applicant ought to pay. For the National Development Fund, € 650,000, for the real estate investment method, € 350,000 and € 150,000 for the bond investment method.
Costs of information accuracy:
€ 7,500 for the principal investor
€ 5,000 for spouse and other dependents
€ 3,000 for children between the ages of 13 and 18
Passport fee: € 500 per person
Bank charges: € 200 per request
Frequently Asked Questions about Maltese Citizenship:
How does one get Maltese citizenship?
Malta citizenship is possible through qualified investment. You must invest in Malta to get Malta’s citizenship through one of the methods mentioned (Malta National and Social Development Fund, Real Estate and Stock Purchase).
Do I need a language test for Malta’s citizenship?
Malta’s citizenship does not require any language learning.
Do I need a lawyer to get citizenship by investing in Malta?
The process of citizenship through investing in Malta must be done by a government-approved representative. You also need a lawyer who is familiar with Malta’s citizenship and real estate rights.
Is Malta a member of the European Union?
Malta is a full member of the European Union, and Malta’s citizenship allows citizens to travel and live throughout the European Economic Area.
Is Malta in the Schengen area?
Yes, Malta is in the Schengen area.
How much does Malta’s citizenship cost?
The cost of investing in Malta’s citizenship is around € 1,500,000 and additional costs will be added for dependents.
Can I give Malta’s citizenship to my children and grandchildren?
Yes, the children of Malta’s citizens are automatically eligible for Malta’s citizenship, so your children and grandchildren can also receive a European passport.
In what period of time can I obtain Malta’s citizenship?
You must have stay in Malta for at least one year before becoming a citizen, however, a citizenship application can be made at the same time, so you can obtain Malta’s citizenship in one year.
https://passports.io/citizenship/malta/real-estate/mt1
https://www.ccmalta.com/publications/malta-citizenship-investment https://www.ccmalta.com/publications/malta-citizenship-investment https://www.henleyglobal.com/citizenship-malta-introduction https://www.globalcitizensolutions.com/malta-citizenship-by-investment
https://malta-citizenship.info/individual-investor-program-faq.html