Malta’s direct citizenship by investment has a few straightforward requirements. The applicant shall be required to complete the process and take the oath of allegiance within six (6) months from the approval in Principle by the Minister. That means living here legally for one year, so two years in total. The €150,000 investment in government bonds or other securities plus the €350,000 (minimum, many will spend much more on a home) real estate investment mean that these expats are financially tied to Malta for at least five years. Those who apply for citizenship through investment in Malta need to buy a home worth at least €350,000 and government bonds or securities worth €150,000. Being one of the most successful EU programmes, it has garnered 1245 successful application over the course of 3 years. Sure, it seems cheaper on paper but Malta allows a much more direct course to an EU passport. It was particularly favored by those in a hurry for a new passport because the process could be completed within 90 days. Administrative fees due together with all eligibility applications:The following fees are exclusive of any taxes: administrative fee per applicant: one thousand euro €1,000, The fees for residence permits are as follows: €5,000 for main applicant and €1,000 per dependant. A stringent due diligence process is undertaken to make sure applicants meet additional requirements, including: If you’re keen on reading the full regulations, they’re published online. On the 20th of November, the new Malta Citizenship by Direct Investment regulations were published by the Maltese Government. Successful applicants also enjoy the same freedoms to establish a business and own property as any other Maltese citizen has. Judged to be a potential threat to Malta’s national security. You are required to hire an accredited professional to help prepare and submit your application to Identity Malta. PROPERTY INVESTMENT IN MALTA. Why Might Your Citizenship by Investment Application be Denied? Malta Citizenship by Investment can be acquired by investing in the country's real estate or contributing to its government funds. Malta is one of a growing number of European countries to offer a citizenship by investment programme. Malta is a full member of the European Union, is part of the EU Schengen visa zone. Malta Citizenship by Investment. Malta Citizenship by Investment Program. To be eligible to apply for this program you must be … Moldova is emerging as an Eastern European country keen on improving their government coffers by selling passports. Hold government bonds or securities traded on Malta’s stock exchange (approved by the Maltese government as beneficial to the country) that are worth at least €150,000. You must take the oath of allegiance and have been resident in Malta for one year before your citizenship by investment is finally approved. When they were designing the program, the Maltese government and their consultants were sure to bake plenty of due-diligence steps into the process. Malta’s citizenship by investment program is one of the most popular ways to fast track this process. Reach out and I’ll be happy to answer any questions and get you and your family started on the citizenship by investment process. As well, the requirement that you work with an authorized agent reduces the chances of unexpected negative outcomes. Launched in 2014, the Malta Individual Investor Programme (MIIP) is one of the most modern and exclusive citizenship by investment … Overview This southern European island country, lying 80km south of Italy and 284km east of Tunisia, is an archipelago consisting of three inhabited islands (Malta, Gozo and Comino).Malta … Know that your application has been tentatively approved after 4 months. New Maltese Citizenship By Investment Program November 21, 2020 Malta Government has relaunched the citizenship by investment program, under new regulations … This test includes an assessment of the wealth the applicant is using to qualify for citizenship by investment. Sometimes additional documents may be requested. Contribute €650,000 to Malta’s National Development and Social Fund. The formal name given is Maltese … There are a few reasons why your citizenship by investment might be revoked — lying on your application, committing espionage or treason — but these are very rare and not arbitrary. Qualifying really only involves landing a job (in a relatively open and strong job market) or running a business. But if you’re shopping around and willing to pay the price, it’s probably worth comparing and understanding why Malta is the better citizenship-by-investment option. Austria does offer citizenship to the ultra-rich but it’s difficult to say what that actually means. We use cookies on this site to ensure the … The administering authority aims to have most applicants completely through the process in one year. Citizenship by investment and Malta Indefinite Residency programme. Whether you’re looking for a low-cost, sunny place to live or a low-tax place to do business, Malta Guides is here to walk you through your options. The Maltese archipelago lies virtually at the centre of the Mediterranean and consists of three islands: Malta, Gozo and Comino with a total population of over 400.000 inhabitants occupying an area of 316 sq. Especially if you are from outside the EU you may want to consider buying into Malta’s investment visa to satisfy the residency requirement. It will need to be supported by all the required documentation. Malta Citizenship By Investment 2020's new regulations include a cap of 400 applications per year. The formal name given is Maltese Citizenship by Naturalisation for Exceptional Services by Direct Investment, commonly referred to as the Maltese Exceptional Investor Naturalisation (MEIN) procedures. As well, these investments only need to be held for five years. The important milestones you can expect after you apply are: Because you must have held a resident permit in Malta for one year before your application is approved you should start this as soon as possible. It is the most affordable route in investment terms to EU citizenship. In Malta, citizenship by investment will cost at least €1,157,500, including due diligence fees, but not fees to your authorized agent. Firstly, applicants are required to contribute a non-refundable €650,000 to the National Development and Social Fund. We offer a full service by acquiring your Maltese citizenship together with any relocation services you might need. Basically, unlike Malta where the prerequisites are relatively achievable, Austria wants to attract expat billionaires who could already pass as Austrians. (c) for every third party contributing financially to the application: fifteen thousand euro (€15,000). Fast Process with Citizenship in 1-3 Years. After five years residents in Belgium can apply for full citizenship. Malta's second citizenship through investment: a step-by-step procedure, requirements for applicants, the necessary documents, nuances and features of the state program! … If your application is approved, you’ll be able to live, work and travel to anywhere within the EU’s member countries. A clean police record and being free of outside criminal issues. 188, LN437 of 2020, allow for the granting of citizenship by a certificate of naturalization to foreign individuals and their families who contribute to the country’s economic development. Malta enjoys a stable political climate and a bi-partisan political scene that is largely convergent on issues of national and economic importance. To qualify under the regulations, the Main Applicant for Malta Citizenship by Investment must be at least 18 yearsof age and must meet the requirements outlined in this factsheet. The Government of the Republic of Malta, as of 2013, allows a Third Country National and their dependents to acquire Maltese Citizenship through the Malta Citizenship by Investment … Their golden passport does come at a smaller price than Malta’s but there are catches. Obviously, there is an influx of cash that goes into development funds that can be deployed to help improve the lives of all of Malta’s citizens by doing things like building more public housing. Within four months (120 days) after receiving your conditional approval, you must show that you have made the necessary investment in securities and bought (or leased) a property that meets the minimum requirements. Amendments to the Citizenship Act have already been submitted to Parliament → Under the new rules, investors will apply for a residence permit and after 1-3 years apply for citizenship… The Agency shall cause due diligence checks to be performed also by third parties including one (1) or more internationally recognised specialised due diligence service providers,in respect of every applicant. If you have a particular connection to Malta it may already be possible to get citizenship by traditional means. I’ll discuss comparable citizenship-by-investment programs below but, to put it briefly, Malta’s option is one of the easiest ways into the EU. Get your Maltese passport within 12 months. How Does Malta’s Direct Citizenship by Investment Program Compare to Others in Europe? The Malta citizenship by investment programme is a clear commitment from the government to invest in attracting wealthy persons. Fast Process with Citizenship in 1-3 Years. Since 2013, Cyprus has had one of the most popular citizenship-by-investment schemes in Europe. Request a Call Back. Furthermore, Cyprus is not part of the Schengen zone, so their passport does not come with nearly the same freedom of movement you get with a Maltese passport. The New citizenship by investment program will be limited to 400 applications per year and a total cap of 1500 applicants. It’s a big step and does not come cheaply, so read carefully and reach out for professional advice if you feel like you need further clarification. Individual investors must make a minimum contribution of €600,000 to the national development fund set up by the government and prove 36 months of residency. Malta has a thriving economy & is a wonderful place to raise a family with plenty of sun, culture & fun things to do. Even with all of these advantages, it might be the easiest place in the European Union to quickly get a passport — at a price. Because the program is set up to include family members as well as the main applicant, it’s easy to see people will put down roots and end up making a long-term positive impact on their new country. The government’s citizenship by investment scheme trades the pluses of Maltese citizenship for investment in the country. However the process is lengthy and involved and investors are required to contribute a significant sum as a donation to the Maltese government. Malta Company Registration & Formation: Your Set Up Guide, Advantages of Malta’s Citizenship Through Investment Offering, What You Need to Apply for Citizenship by Investment in Malta, The Timeline for Malta’s Citizenship by Investment Program. Citizenship by investment is a process by which an individual obtains a second passport and second citizenship through investment in the economy of the country. Malta’s citizenship authorities are fairly transparent and well-regulated. MALTA CITIZENSHIP BY INVESTMENT. In terms of visa-free access to other countries that means Maltese citizens are ahead of countries like Australia, Iceland, Brazil, Hong Kong and China. We initially struggled arranging documents and paperwork, but the company was assisting us in every step. The Malta Citizenship for Investment Programme will be restarted in September 2020. Malta … Malta Citizenship Malta Exceptional Investment Naturalisation. The Malta Individual Investor Programme or MIIP allows, as per the provisions of Legal Notice 47/2014, the granting of Malta citizenship by investment to individuals who contribute to the economic and social development of Malta. Malta has two different golden visa options through investment, permanent residency and citizenship. In Malta, … Malta is one of the most famous and beautiful tourist destinations in the World delivering you the opportunity to enjoy a cozy life amongst blooming flowers throughout year, with evergreen plants, and gentle sea breezes that freshen the air. IIP093 and IIP168 IMIN Malta ltd → Approval is not guaranteed — the Maltese government claims that up to 25% of applications have been turned down. kilometres. A certain contribution is to be made for the development of … It is known as Malta’s Individual … Overview This southern European island country, lying 80km south of Italy and 284km east of Tunisia, is an archipelago consisting of three inhabited islands (Malta, Gozo and Comino).Malta is the world’s 10 th smallest country in area and the fifth most densely populated sovereign country. That’s a long time investment with an uncertain outcome, unlike Malta where the clock starts as soon as you pay the first fee. Malta Government License No. Malta’s Citizenship by Investment Program The Maltese government offers well to do expats the opportunity to buy their way into citizenship. Malta is the only citizenship (out of those that offer citizenship by investment programs) that allows its citizens to access both the European Union and the borderless Schengen Area. 2020 Renewed Malta Citizenship Citizenship By Investment for Exceptional Services Malta Regulations 2020 . You, your family and your business can benefit from it many folds. Passports are issued after one year through the expedited route, and three years through the standard option. The Maltese Exceptional Investment Naturalisation (MEIN) grants citizenship within 12 or 36 months. It even allows citizens by investment to partake in the … Malta's second citizenship through investment: a step-by-step procedure, requirements for applicants, the necessary documents, nuances and features of the state program! A few of the countries in mainland Europe are also keen on attracting high-net-worth expats with their own creative schemes. As part of your residency or citizenship application, you are require to either rent or purchase a property. That’s why affluent entrepreneurs aren’t always content to stay home and hope for the best. Maltese citizens will have full access to Malta investment opportunities and also throughout the EU. If you’re wondering how to get a Maltese passport by investment, this guide is your easy answer. Once Maltese citizenship … €10,000 deposit against your €650,000 contribution. Procitizenship would like to announce that Malta is Granting a renewed Citizenship for Exceptional Services by Direct Investment as of 20.11.2020 Regulations (S.L. Instead of publishing an objective list of criteria, the Austrian government handles its CIP on a case-by-case basis. Generally, the requirements are described as about €10-million actively (i.e., in companies who create jobs and grow the tax base, not just in real estate, government bonds or development funds) invested in the Austrian economy. Malta’s Individual Investor Programme (IIP) provides for granting of citizenship by a certificate of naturalisation to foreign individuals who make a financial investment in Malta. The investment requirements are: The Maltese government goes to great pains to stress that citizenship is not automatically open to anyone who can afford the fee. Even without the significant financial outlay, changing your citizenship would be a huge life step. That will go up if you include family members in your application or opt to buy a more expensive property. Sometimes additional documents may be requested. We asked for the cheapest family passport, they went as far as providing us a discount” – Muhamed, UAE. It remains one of the most expensive citizenship by investment program in Europe limited to 1800 investors. Maltese Citizenship Application by Investment To obtain Maltese citizenship by investment, three conditions have to be fulfilled. I'm heavily made up in my photo after participating in a Maltese fashion show! This process is straightforward and regulated but it definitely is essential to work with the right expert to make sure it goes smoothly. The three- stage process to gaining Citizenship by investment in Malta is simple. The Maltese Citizenship by Investment program started accepting applicants in 2014 and was later amended to simplify the process. 20,524– 20.11.2020. (a) the spouse of the applicant in a monogamous marriage or partner in another relationship having the same or similar status to a monogamous marriage, including a civil union, domestic partnership, common law marriage, provided that for the purpose of these regulations, the term “spouse” in these regulations shall be construed as gender neutral, and,saving the discretion of the Minister to authorise, and on a case by case basis, other relationships having a similar status as a foresaid; (b) a child, of the main applicant or of his dependant as defined in paragraph (a) above including an adopted child, who has not yet attained eighteen (18) years of age at the time when the main applicant submits an application for citizenship by naturalisation under these regulations and is accepted by the Agency; (c) a child, of the main applicant or of his dependant as defined in paragraph (a) above including an adopted child, who has attained eighteen (18) years of age but has not yet attained twenty-nine (29) years of age, at the time when the main applicant submits an application for citizenship by naturalisation under these regulations and is accepted by the Agency, and whois not married and proves, to the satisfaction of the Minister, thathe is wholly maintained or otherwise largely supported by the main applicant; (d) a parent or grandparent of the main applicant or of his dependant as defined in paragraph (a) above who has attained fifty-five (55) years of age at the time when the main applicant submits an application for citizenship by naturalisation under these regulations and who proves to the satisfaction of the Minister that he is wholly maintained or otherwise largely supported by the main applicant; (e) a child, of the main applicant or of his dependant as defined in paragraph (a) above, including an adopted child, when at the time when the main applicant submits an application for citizenship by naturalisation under these regulations has attained eighteen (18) years of age, is a qualified person with a disability as defined in the Equal Opportunities (Persons with Disability)Act: Provided that where such child does not have full capacity the provisions of article 21(3) of the Act shall apply. Giving false information on the application. Within thirty days after that confirmation, you’ll be notified if your application has been approved, pending your completion of the remaining payments. The Malta Citizenship by Investment Programme grants European citizenship within 12 months. Once Maltese citizenship is granted, citizens enjoy visa-free access to 184 countries, including the UK and USA. Fees the Maltese government charges to administer the due diligence checks: €7,500 for the main applicant, €5,000 for a spouse, €3,000 for dependents 13-17 (younger dependents are not charged a fee) and €5,000 for additional adult dependents. The applicant is likely to cause disrepute or tarnish Malta’s reputation. IMMIGRATION BY INVESTMENT. Malta Citizenship by exceptional services by buying a home grants full citizenship for life and can be passed to future generations by descent. Malta Citizenship by Investment The renewed Maltese Citizenship Program offers a secure EU relocation route with a fast and straightforward residency acquisition for the entire family. The lease must be for a minimum of EUR 18,000 per annum, or the purchase for a minimum of EUR 700,000. Malta Citizenship. Malta Citizenship by Investment may be granted under an amendment passed in November 2013 to the Maltese Citizenship Act, Chapter 188 of the Laws of Malta. For many, this is probably the headline advantage that justifies the investment. Guiding you through residing, incorporating & living in Malta. Plus, you’ll pay €1,000 per dependent. 2020 Renewed Malta Citizenship Citizenship By Investment for Exceptional Services Malta Regulations 2020 . Our business model of online platform makes it cheaper and faster for clients as we directly with authorized agents, law firms and property developers approved by Governments without any intermediaries. The renewed Maltese Citizenship Program offers a secure EU relocation route with a fast and straightforward residency acquisition for the entire family. Malta citizenship through investment is granted by a Certificate of Naturalisation, and once you obtain EU citizenship via the Malta Individual Investor Program you will have it forever and can … Certain grounds are set out that they can use to turn an application down. Bond-rating agencies put Malta’s government bonds near the top of their rating scale. Malta is one of a growing number of European countries to offer a citizenship by investment programme. “Thank you for your excellent service. Family members can be included in one application. Malta has a popular but well-regulated program for granting citizenship (including a passport) to wealthy investors. Malta. Launched in 2014, the Malta Individual Investor Programme (MIIP) is one of the most modern and exclusive citizenship by investment programmes worldwide. Plus candidates and their family need to be of “exceptional character.”. Maltese citizens will have full access to Malta investment opportunities and also throughout the EU. There is always a chance it will be extended and the quota will be increased, but you’re seriously considering applying, acting quickly may be essential. Have your residence cards fast-tracked and to you within 1 – 3 weeks, so that you can enjoy free movement in the Schengen zone. Malta is offering citizenship by investment program to high net worth individuals and their families. The following direct investments will qualify for exception citizenship for investments, Applicants must satisfy the following conditions, Due diligence fees applicable with the eligibility application for exceptional investment applicants. Its findings, following a rigorous due diligence check, among other […] Not having any communicable diseases and generally being in good health. a) he or any of this dependants is or was indicted of anoffence before an International Criminal Court or has been arraigned at any time before an International Criminal Court,whether such person has been found guilty, declared innocent or otherwise acquitted for any reason by such Court; (b) he or any of his dependants, are listed with the International Criminal Police Organization (Interpol) or Europol; (c) he or any of his dependants is an actual or potential threat to national security, public policy or public health of Malta; (d) he or any of his dependants has, at any time, been charged with or found guilty of crimes, related to: (i) terrorism, (ii) money laundering, (iii) funding of terrorism, (iv) crimes against humanity, (v) war crimes, (vi) crimes that infringe upon such Protection of Human Rights and Fundamental Freedoms as established by the European Convention on Human Rights. Similar to Montenegro, the brightest light here is Moldova’s connection to Russia and that will probably be what attracts most to this program. Foreign investment is popular in Malta due to a wide range of benefits. It occupies the 8 th position in the world when ranking the most powerful passports. A prospective applicant shall generally apply for an eligibility assessment, which is carried out by Community Malta Agency on behalf of the Minister responsible. Malta Citizenship Through Real Estate Investment. Malta Citizenship by Direct Investment The New Malta Citizenship by Investment regulations allows individuals and family dependents to be naturalized as Maltese Citizens by making an … Malta Citizenship by exceptional services by buying a home grants full citizenship for life and can be passed to future generations by descent. The Malta Individual Investor Programme (MIIP) offers several advantages over other routes to Maltese citizenship. Highly recommended people”. (Norway, Iceland, Liechtenstein and Switzerland also grant the same privilege to Maltese citizens.). Malta Citizenship by Investment: Legal Basis. Snapshot of Malta’s Citizenship by Investment and Its Costs and Timing, investments that may yield a positive return. – Adewale, Nigeria, New Maltese Citizenship By Investment Program, National Development and Social Fund (Establishment as an Agency) (Amendment) Order, 2020, Malta Individual Investor Programme Agency (Establishment) (Amendment) Order, 2020, Identity Malta Agency (Establishment) (Amendment) Order, 2020, Granting of citizenship for Exceptional Services Regulations, 2020, Community Malta Agency (Establishment) Order, 2020, Declaration of Intent Regulations, 2020 for Property Agents, Buying citizenship online became a reality in 2020, How to get Ireland Permanent Residency for €400K, St Kitts is the Rolls Royce of Citizenship by Investment. Today we received our passports, a happy day. (e) he or any of his dependants has, at any time, been charged or found guilty of any criminal offences that disturb the good order of the family, which offences include, without limitation, the following:(i) paedophilia; (ii) defilement of minors; (iii) rape; (iv) violent indecent assault;(v) inducing persons under age to prostitution; and(vi) abduction;(f) he or any of his dependants has, at any time, been found guilty of, or at any time during the processing of theapplication, has been interrogated or is suspected of, or has criminal charges brought against him for any criminal offence punishable with more than one (1) year’s imprisonment other than an involuntary offence; (g) he or any of his dependants is, or is likely to be,involved in any activity which may cause disrepute to the Republic of Malta; (h) he or any of his dependants has been denied a visa toa country with whom Malta has visa-free travel arrangements and has not subsequently obtained a visa from that same country; (i) he or any of his dependants is named or listed in international sanctions applying restrictive measures on them, that the Agency is bound by law, or has opted, to follow. Malta and Germany were the only two states in the Euro Zone maintaining economic growth during the financial crisis. Belgium is sometimes listed as the easiest country in Western Europe for acquiring legal residency. Procitizenship would like to announce that Malta is Granting a renewed Citizenship for Exceptional Services by Direct Investment as of 20.11.2020 Regulations (S.L. Essentially, successful applicants are granted citizenship in the same manner as those who move to Malta, become permanent residents and then apply for Maltese citizenship after five years living here. This process is very efficient and the government of the country is committed to the … Serving HNW clients since 2011. 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