The Malta Citizenship by Investment Program
(Individual Investor Programme) is the first EU approved citizenship program
Malta enjoys a stable political climate and a bi-partisan political scene that is largely convergent on issues of national and economic importance.
• Malta is in the leader board with the World’s 7th Most Powerful Passport (More…)
• Malta and Germany were the only two states in the Euro Zone maintaining economic growth during the financial crisis.
• Malta’s banks have been ranked amongst the top 5 soundest banks in the world.
• Malta has been a member of the EU since 2004 and of the Schengen Area since 2007.
• Citizenship obtained under this programme grants the rights of full citizenship for life and can be passed on to future generations by descent.
• Maltese citizenship grants access to all investment opportunities in Malta and throughout the EU open to Maltese and EU citizens.
Benefits of Maltese Citizenship:
• Immediate Schengen Residence status issued on application for 1 year prior to issue of passport
• Clear, objective rules for citizenship eligibility
• Malta is a European Union member state
• 160 Visa-free destinations including US, UK.
• Passport issued within 1 year
• Free public health care available to all Maltese Citizens
• Free state education available from Primary to University level to all Maltese Citizens
Legal Basis for Maltese Citizenship by Investment
Enacted under the Maltese Citizenship Act, the Malta Individual Investor Program (MIIP) rules provide for affluent persons of impeccable standing and repute to be naturalized and to receive Maltese citizenship on the basis of a contribution to and investment in Malta.
Eligibility for Maltese Citizenship by Investment
• The main applicant for Malta Citizenship by Investment must be at least 18 years of age. Eligible dependents include the spouse, children, parents and grandparents, under certain conditions.
• Malta is the only Citizenship by Investment Program that enjoys European Union approval. The main condition introduced by the Maltese Government that secured this approval is a one year residence requirement.
• Only the main applicant needs to satisfy the requirement and this does not require him/her to reside in Malta for a full year. A minimum of 2 visits and a minimum aggregate of 10 days within the year, together with a number of other connections demonstrated with the island of Malta serve to satisfy the requirement.
• During our first meeting with the client, we work with the client to plan the components of the 1 year residence as we are able to reduce the actual number of days spent in Malta to the above minimum by providing alternative evidence of the ‘genuine link’ with Malta, in compliance with Maltese and EU law.
• The idea is for the main applicant to visit Identity Malta during the first visit to start the 1 year residence period running, while we prepare the application for citizenship as the application take under 4 months to be approved.