Malta Citizenship by Investment Program
Malta established its Citizenship by Investment Program in 2014 to attract the investment of those with a high net worth. Known as the Malta Individual Investor Program (MIIP), requires applicants to contribute to the development of Malta with an investment into the National Development and Social Fund as well as through an investment into bonds or stocks. In addition to this, investors are required to purchase real estate to the value of €350,000 or rent property at an annual cost of €16,000. Finally, applicants are required to show a connection to Malta and should have resided in the country for at least 12 months before applying for citizenship.
Which Family Members Can Be Added in the Same Malta Citizenship by Investment Application?
Children under the age of 27 that are financially dependent on the applicant
Dependent parents over the age of 55
Malta Citizenship and Passport Benefits
Visa-free access to 184 countries and territories, including Schengen zone, EU members, UK and Canada
Citizenship can be obtained within 12 months
Investors have the right to live permanently in Malta, as well as in any other EU country
Family members can also obtain passports, and citizenship can be passed down to future generations
Special tax considerations
Malta Citizenship Through Real Estate Investment
The Malta Individual Investor Program (MIIP) requires applicants to invest in the development of the country in various ways. Firstly, applicants are required to contribute a non-refundable €650,000 to the National Development and Social Fund. For each additional family member, the contribution needs to be increased. An additional €25,000 is required for the spouse and for each dependent under 18, while an additional €50,000 must be paid for each dependent over 18. Applicants are also required to invest €150,000 into government-approved bonds or stocks, which need to remain invested for a minimum of five years. Additionally, investors must either purchase real estate to the value of €350,000 or rent property for €16,000 per annum.
Malta Citizenship by Investment Cost
How to Qualify for Malta Citizenship
Main applicant must be 18 years of age or older
Investors must be a third-country national – not an EU/EFTA citizen
Applicants must have no criminal record and should not have been denied a visa or entry into any country where Malta has visa-free travel
Investors must undergo a fit and proper test to ensure their reputability
Applicants must be in good health and free of contagious diseases
Applicants must demonstrate ties with Malta, including residing in the country with a residence card for 12 months or more
FAQs About Malta Citizenship
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