Malta Citizenship by Investment: Gateway to Global Prosperity

Overview of the Malta Citizenship by Investment

The Malta Citizenship by Investment Program was introduced in 2020. It allows individuals and their families to obtain Maltese Citizenship through a Citizenship certificate by investment. The Citizenship Program grants the certificate after thirty-six months of legal residence. If you have resided in Malta for 36 months, you must invest €600,000. If you have been in Malta for 12 months, you must contribute €750,000. Additionally, purchasing a residential home in Malta worth €700,000 and retaining it for at least five years is also a requirement. Malta passport holders enjoy Visa-free travel to 180+ countries. To obtain Malta Citizenship by Investment, the individual must contribute a minimum of €600,000 in real estate Government-approved projects and €750,000 in non-refundable financial contributions. The citizenship application is extremely efficient, and the Government of Malta is committed to the highest standard of due diligence and vetting of investor applicants to ensure that well-established investors become a part of Malta.

Brief about the Malta Permanent Residence Program (MPRP)

The most popular option is the Malta Residency by Investment, a type of residence permit acquired through an investment program known as the Malta Permanent Residence Program (MPRP). Although there is no direct option to obtain Malta citizenship by investment in the same way it is possible for permanent residency, it is possible to obtain Malta Citizenship by investment by being a resident in Malta with some exceptional investment options.

Why Choose Malta?

Malta joined the European Union in 2004, and since then, it has maintained a stable political climate and its economy has been growing steadily. It benefits from easy access to the Single Market of the European Union. Malta's government has implemented policies encouraging business growth and foreign direct investment. These policies include a favourable tax regime and fiscal incentives for investors. As a result, Malta has a stable political system and a thriving economy.

Eligibility Criteria of Obtaining the Malta Citizenship by Investment

There is an eligibility to apply for citizenship in Malta by Investment that needs to be followed to get successful citizenship in Malta Citizenship and a Passport.

Eligibility for the Malta Citizenship

The applicant must be at least 18 to apply for the Malta Citizenship by Investment.

Good Background for Citizenship Application

Malta Citizenship by Investment included strict due diligence standards to ensure only the deserving applicants get Maltese citizenship. The applicant needs to have a good character and no criminal background because, during the time of application approval, there is thorough due diligence of background check to make sure there is no security risk to issuing a certificate of citizenship and securing a Malta Passport.

Investment Option to Obtain Citizenship

There is a minimum investment option to choose to become a part of the Malta by Investment Program and the applicant needs to choose one of the investment options as approved by the Government which typically involves a financial contribution as the donation or investment through real estate.

Financial Stability for Investment in Malta

The applicant needs to provide evidence of the financial capability to invest, including proof of funds and other financial necessary papers.

Health Requirements

The applicant and their family members must go through medical checkups to ensure they are in good health and the required report of the medical examination needs to be submitted.

Family Member

The Malta by Investment Program allows the applicant to include their family member of the applicant in the Malta Citizenship by Investment Program

Investor’s Exceptional Services by Direct Investment

The investor gets a chance to apply for Malta Citizenship for exceptional services by direct investment. It is acquired by naturalization and firstly the individual gets a Malta Residency and maintains the status for one to three years then they can apply for a Malta Passport. The Maltese Citizenship Act does not allow foreigners to apply for citizenship for exceptional services directly, so Enterslice assists in appointing agents licensed by the Government of Malta to apply on behalf of the individual. The individual invests a minimum of Euro 690,000 in various ways such as

• Contribution of Euro 600,000+ to the National Development and Social Fund
• Charitable Donation of Euro 10,000
• Renting the real estate for five years for Euro 16,000 annually or purchasing one for Euro 700,000.

Benefits of the Malta Citizenship by Investment

There are numerous benefits of Malta Citizenship by Investment opportunities and several individuals apply for Malta Citizenship by Investment to avail those benefits.

Visa Free Travel Opportunities for Maltese Citizens

Malta passport holders can travel visa-free to over 180+ countries including the USA, Schengen Countries, the UK, Japan, Singapore and Hong Kong.

Global Mobility

It increases Global Mobility due to visa-free travel to countries and territories easily without any need for extensive citizenship application. The growing reputation of Malta as a stable and business-friendly environment adds credibility to grow the market.

Better Quality of Life and Education

Malta has a low cost of living and it offers a modern infrastructure including, a secure banking system, transportation, communication and easy access to the global market. Also, Malta has a better and more favourable education system for the Citizens of Malta.

Approach towards family by Citizenship Investment

Investing in a Malta Passport not only grants global citizenship but also secures a bright future for future generations or will pass the citizenship to future generations. The program allows investors to apply for their entire family, including dependent spouses, parents over 55 years of age, and children up to 29 years of age.

How will Enterslice help to obtain the Malta CBI application?

Our team of experts assist in the seamless process of securing Malta's Citizenship by Investment. Our team of experts consist of highly qualified experts and helps individuals from states allow citizens of Malta and their families to obtain the Malta Citizenship by Investment Program.

Cost- Effective Citizenship in Malta

Our service will help the investor in obtaining Malta Citizenship by Investment quickly and our experts will assist in the entire procedure of successfully obtaining Malta Citizenship by Investment at a limited cost and help you to obtain it as our cost-effective pathway to gain second citizenship.

Due Diligence

Our experts will perform due diligence in background checks, and analysis of the application and verify the necessary papers submitted to ensure your application gets successfully accepted and you will get citizenship for your seamless business journey.

Expert Assistance in Investment Application

Our experts assist in deciding which investment option to select for the investment and will guide you to the benefits of each investment option which is going to be best for you and your family. We provide you with the details of the total cost of Malta citizenship by investment and will help in the entire process in detail to secure the Malta Citizenship by Investment Program seamlessly.

Quotation of Prices to Get a Malta Passport

Our experts will prepare the quotation for the investment including the fees and actual cost to be incurred in securing the Malta Citizenship by Investment.

Verification of necessary papers

Our experts will help in preparing the application and necessary papers required for submission with the application. Also, please verify all the necessary papers and then submit them to the government after successful verification, the citizenship is granted.

Who Can Apply for the Malta Passport?

As mentioned below, the investor and his dependent family member can obtain a Malta Passport like the investors and enjoy the benefits of the Malta Citizenship by Investment program.

Investor

Individuals as investors with financial stability and a clear background can obtain a Malta passport by choosing an investment option.

Spouse

The spouse of the investor can also obtain a Malta passport by choosing a required investment option plan.

Children Up to 29 Years old

The unmarried dependent children of the investor can also obtain the Malta Passport by choosing a required investment option plan.

Mentally or Physically Challenged Children

The physically challenged children of the investor can also obtain a Malta passport by choosing a required investment option plan.

Dependent Parent over 55 Years Old

The dependent parent of the investor can also obtain the Malta Passport by choosing a required investment option plan that has no age restriction.

Step by step Process for Obtaining Malta Citizenship by Investment

Our experts will assist you step by step in the whole process of obtaining Malta Citizenship by Investment

Due Diligence

Our experts conduct initial due diligence and background checks to deduct risks that will lead to application rejection and evaluate the chances of successfully passing the Due Diligence check.

Preparation of necessary papers

Our experts will provide the list of necessary papers required to obtain the Malta Passport. We assist in filling out the application forms and help you to collect the necessary papers required in Malta Citizenship by Investment Program which will tentatively take 2 to 4 weeks to submit the necessary papers.

Process of Due Diligence and Application

The due diligence begins after the submission of the necessary papers to the Citizenship by Investment Program Unit, they perform due diligence and pass the approval of the application.

Approval of Investment

After the approval, the individual needs to fulfil the investment conditions and contribute the required amount to either of the chosen investment options.

Getting a European passport

After fulfilling the required contribution and completing the process, the individual will get a Malta Passport from the Community Malta Agency.

Malta Citizenship by Investment Program Required necessary papers

The general necessary papers required for Malta Citizenship by Investment are given below

• Application Form
• Passport Copies of the individual and his family members
• Passport-size photograph of the individual and his family member
• Birth Certificate copy
• Proof of due diligence
• Proof of Individual’s Residential Address
• Complete forms of the particular chosen investment option
• Individual needs to provide evidence of the financial capability to invest and proof of funds
• Proof of Clear Background certificate issued by the police
• A report of the medical examination needs to be submitted.
• A certified copy of the marriage certificates or divorce paper
• Specific necessary paper about the chosen investment option
• Evidence of Cost and Fee Payment
• National Identification cards of each applicant
• An oath of allegiance is required for each family member above 18 years.

Malta Citizenship by Investment Program’s Application Procedure

The Malta Citizenship by Investment Program has the following application process such as

Appointment of Licensed Agent

Our experts will assist in choosing a government-approved licensed agent to complete the application process and facilitate the Malta Citizenship by Investment Program.

Due Diligence Processing in Obtaining Maltese Passport

The government will perform the due diligence to check the background and financial stability of the individual.

Residency Application for Malta Residency

For an individual who needs to secure a residency in Malta, our experts assist you with your Malta Citizenship by investment application through the exceptional services for the investment requirement to obtain the residency requirement for 36 months before obtaining the Malta Passport.

Malta Citizenship Program Application

Our experts will assist in the application program and collect the required necessary papers for submission to the Government of Malta through licensed agents to obtain approval.

Investment Payments

As per the chosen investment option, the individual needs to make the required financial contribution to the funds, real estate and charitable donation.

Review of Application

The Community Malta Agency will review the application and the submitted necessary papers.

Oath of Allegiance

After the approval, the individual and their dependents need to sign the oath of allegiance.

Issuance of Certificate to Live in Malta

After the verification and the payment of fees, the government issue the certificate and officially grant the citizenship.

Passport Application to acquire Malta Citizenship

The individuals and their dependents can apply for the passport immediately after receiving the certificate of citizenship from the Malta Government.

A quick review of the process of Malta Citizenship by Investment

A quick review of the process of the Malta Citizenship by Investment in a few steps

Residential Card

The individual needs to obtain a residential card to visit Malta and stay up to 12 or 36 months to obtain citizenship by Investment.

Processing time

Till the individual is a resident of Malta, the government will make a background check, source of funds and the necessary papers attached to the application.

Malta Citizenship by Investment Application

After the completion of the period of required residency in Malta, the individual can apply for Citizenship and make a donation or purchase of property.

EU Passport

After the submission of the application and the required investment, the individual will get a Malta Passport.

Investment Option in Malta Citizenship by Investment

There are a few investment options that an individual has to satisfy to be eligible for the Malta Citizenship by Investment Program.

Investment Requirements

Malta Citizenship by Naturalization for Exceptional Services by Direct Investment also referred to as the Maltese Exceptional Investors Naturalization (MEIN) is a regulation that leads to Malta residency and Malta citizenship. The Malta Permanent Residence Program (MPRP) is a permanent residency program for the non-EU nationals

Contribution to the National Development Fund

If an individual wants to apply for the Malta Citizenship by Investment Program, they have to contribute to the National Development Fund and Social Fund established by the Malta Government. These funds are utilized for various infrastructure development projects such as health, education, and so on, for the advancement of Malta. In addition to this, there are other expenses known as government fees, which include due diligence and administration fees required to complete the investment process.

Donation

In addition to the investment contribution, individuals must donate at least Euro 10,000 to a registered non-governmental or charitable organization. Additional government fees, including due diligence and administration fees, are required to complete the investment process.

Real Estate in Malta

To obtain a certificate of citizenship, the individual must either purchase a real estate property in Malta valued at no less than Euro 700,000 or lease a property for a minimum annual rent of Euro 16,000. Additionally, the individual must maintain ownership or lease of the property for a minimum of five years from the date the certificate of citizenship is issued. The process also includes government fees for due diligence and administration fees to complete the investment.

Malta Citizenship by Investment Residency Requirements

To qualify for Maltese residency, an individual and their dependents must hold a Malata Residency for a minimum of 12 months (or 1 year) by investing at least Euro 750,000. After the first year, the individual can continue their residency by contributing a minimum of Euro 600,000 for the next 36 months (or 3 years). Additionally, the individual must hire a licensed agent to submit their application and obtain clearance from both the Community Malta Agency and the Malta Police to secure a residency permit.

Tax Consequences in Malta

Malta's tax system is based on residency, not citizenship. This means that even if you become a citizen of Malta, you may not have to pay taxes in the country. An individual needs to reside in Malta for at least 183 days per year to be subject to tax on their income and capital gains from Malta, and there are no taxes on inheritance tax, wealth tax etc. However, new citizens can benefit from a special tax regime, resulting in greater tax efficiency and advantageous tax exposure.

Time Frame for obtaining the Malta Citizenship by Direct Investment Regulations

The average processing time depends upon an investment of at least Euro 6000,000 if you have completed 36 months of residency in Malta or Euro 750,000 after residing in the country for 12 months. In obtaining Malta Citizenship by Investment each application is subject to a stringent due diligence process, including a thorough background check and the Community Malta Agency is the competent Maltese Government Agency responsible for administering the regulations.