Malta
Facts About Country
With a population of just 425,384, Malta is home to a welcoming and friendly community of locals and expats. Malta enjoys over 3000 hours of sunshine every year, perfect for a holiday during any month. It being in the middle of the Mediterranean Sea, it strategically places itself as a crossroads between Europe, North Africa, and the Middle East, benefiting its fully developed open-market economy, productive labor force, low corporate tax, and finance and ICT clusters. Its economy relies mostly on foreign trade, manufacturing (electronics), and tourism.
Advantages of Citizenship
-Visa-free or visa-on-arrival in 182 destinations including Canada and EU
-Ability to live, work, and study in 28 EU countries and Switzerland
-Highly respectable applicants due to World’s strictest due diligence standards.
-Five year permanent residence, renewable indefinitely
-Family members included
-Well respected EU country
-Reasonable contribution and efficient application process
-Beautiful area to own property
Qualifications
-Minimum 18 years old
-No criminal record
-Annual income greater than €100,000, or possess capital greater than €500,000
-Pass due diligence process
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Requirements/ Obligations
-A contribution to the development of Malta (investments, etc.)
-A purchase of stocks or bonds
-A property transaction
-1 year residency
Key Numbers/Figures
-Minimum €650,000 contribution to the national development fund
-Minimum €150,000 in government approved financial instruments
-Commit to residence in Malta for 5 years
-Minimum property value for purchased real estate: €350,000
-Government and processing fees total from 9%-15%
-Each family member needs to contribute €25,000 to the development fund
-One year residency to earn Maltese passport
-Grants European citizenship
Process
-Application is submitted to the IIP Agency with non-refundable deposit of €5,500
-Due diligence checks
-Qualifying investments completed; residence permit will be issued following this
-Successful applicants with be issued a Malta Residence Certificate
-Certificate will be monitored annually for the first five years of its issuance, then every 5 years after