MALTA
CITIZENSHIP EUROPEAN NEWS
OVERVIEW
The Individual Investor Programme of the Republic of Malta (IIP), by virtue of Legal Notice 47 of 2014, allows for the granting of citizenship by a certificate of naturalisation to individuals and their families who contribute to the economic and social development of Malta. Subject to a stringent vetting and diligence process, including thorough background checks, the applicants of Citizenship Program Malta and their dependants are granted citizenship in exchange for such contribution. Malta is a European Union member state since 2004. Malta can offer Citizenship in an EU country that is stable, neutral and highly respected. Maltese citizenship will also grant the right of work and establishment in all 28 EU countries.
Malta is a member country of the EU since May 1, 2004 with its geographic size of 315 km², and population number 429,334, as per 2015. The Maltese comprise 0.1% of the total EU population. Its capital is Valletta and the official language is Maltese. The Gross Domestic Product (GDP) is €8.796 billion, as per 2015. Malta’s currency is Euro (€) since it became a member of the Eurozone on January 1, 2008. The political system is a parliamentary republic. Malta holds 6 seats in the European Parliament and will hold the revolving presidency of the Council of the EU for the first time in 2017. Malta is a member country of the Schengen Area since December 21, 2007.
MALTA CITIZENSHIP BY INVESTMENT OPTIONS
Malta Citizenship by Investment Options: to qualify for citizenship, the main applicant must be at least 18 years of age, provide proof of having been a resident of Malta for a period of 12 months preceding the issuing of a certificate of naturalisation and meet the following investment requirements. We will guide you through the whole submitting process for the Citizenship Program Malta.
HOW TO APPLY FOR CITIZENSHIP IN CYPRUS?
To apply for Citizenship Program Malta applicants must be at least 18 years of age, be of a good character with no criminal record, and have good health. An applicant may apply together with his or her spouse and dependent children, and, in some cases, dependant elderly parents or grandparents.
The process of applying for citizenship in Malta is rigorous and requires diligent preparation in order to gather all the information needed. Application timelines can vary and be difficult to predict, although they usually depend on how easily an applicant can access the required documentation, as well as the complexity of the application as a whole.
The process may be simplified into the following steps:
WHY BECOME A CITIZEN OF MALTA?
We suggest the Citizenship Program Malta will offer our customers a lot of benefits.
Through Malta’s membership in the Commonwealth of Nations, the confederation of former (mostly) British colonies, in some of these countries Malteser has a privileged status compared to other EU citizens as regards entry and residence regulations. Malta is classified as an advanced economy together with 32 other countries according to the International Monetary Fund (IMF). Malta´s economy is dependent on foreign trade, manufacturing (electronics and textiles) and tourism.
Malta’s landscape contrasts rocky stretches of coast that end in dizzying limestone cliffs with sheltered bays that hide gin-clear water and red-gold beaches. The islands’ many marinas jostle with boats, and you can take to the water in sky-blue traditional craft, stately yachts or speedboats. Snorkellers and divers have much to explore underwater as well, a world of caves, crags and wrecks. The Maltese people are warm and welcoming: if you ask for directions, it’s likely a local will walk with you to help you find the way.
Cyprus has a subtropical climate one of the warmest climates in the Mediterranean part of the European Union with very mild winters (on the coast) and warm to hot summers. Snow is possible only in the Troodos Mountains in the central part of island. Rain occurs mainly in winter, with summer being generally dry. The area of the Republic of Cyprus under government control has a market economy dominated by a services sector that accounts for more than four-fifths of GDP. Tourism, finance, shipping, and real estate have traditionally been the most important services. Cyprus has been a member of the EU since May 2004 and adopted the euro as its national currency in January 2008. During the first five years of EU membership, the Cyprus economy grew at an average rate of about 4%, with unemployment between 2004 and 2008 averaging about 4%. We suggest the Citizenship Program Cyprus will offer our customers a lot of benefits.
- Citizenship for life, with the right to live and work in the country.
- The time frame of precessing application is within 12 months.
- Visa-free travel to 183 countries and territories, including the Schengen Area (EU), the United Kingdom, Hong Kong, and Singapore.
- Dual citizenship is permitted.
- Life in an economically, legally, and socially stable country.
- A reliable and efficient application procedure.
CITIZENSHIP PROGRAM MALTA COSTS
WHAT COSTS ARE EXPECTED?
Applicants for the Malta Citizenship by Investment Program must make the following contributions and fees shall be required as a minimum to qualify for citizenship under the Individual Investor Programme (IIP):
1. Property Rental:
Single applicant:
- 650,000 EUR = Contribution main applicant
- 150,000 EUR = Investment in stocks, bonds or special purpose vehicles to be identified by Identity Malta (to be held for a minimum period of 5 years)
- 16,000 EUR = p.a. property rental (for a period of 5 years)
- 7,500 EUR = Due Diligence
- + Application Fee
Married couple:
- 650,000 EUR = Contribution main applicant
- 25,000 EUR = Contribution spouse
- 25,000 EUR = Contribution each dependant child aged 0-17
- 50,000 EUR = Contribution each dependant child aged 18-26
- 50,000 EUR = Contribution each dependant aged 55 or above
- 150,000 EUR = Investment in stocks, bonds or special purpose vehicles to be identified by Identity Malta (to be held for a minimum period of 5 years)
- 16,000 EUR = p.a. property rental (for a period of 5 years)
- 7,500 EUR = Due Diligence main applicant
- 5,000 EUR = Due Diligence spouse
- 3,000 EUR = Due Diligence each dependant child aged 13-17
- 5,000 EUR = Due Diligence each dependant child aged 18-26
- 5,000 EUR = Due Diligence each dependant aged 55 or above
- + Application Fee
2. Property Purchase:
Single applicant:
- 650,000 EUR = Contribution main applicant
- 150,000 EUR = Investment in stocks, bonds or special purpose vehicles to be identified by Identity Malta (to be held for a minimum period of 5 years)
- 350,000 EUR = Property purchase (to be held for at least 5 years)
- 7,500 EUR = Due Diligence
- + Application Fee
Married couple:
- 650,000 EUR = Contribution main applicant
- 25,000 EUR = Contribution spouse
- 25,000 EUR = Contribution each dependant child aged 0-17
- 50,000 EUR = Contribution each dependant child aged 18-26
- 50,000 EUR = Contribution each dependant aged 55 or above
- 150,000 EUR = Investment in stocks, bonds or special purpose vehicles to be identified by Identity Malta (to be held for a minimum period of 5 years)
- 350,000 EUR = Property purchase (to be held for at least 5 years)
- 7,500 EUR = Due Diligence main applicant
- 5,000 EUR = Due Diligence spouse
- 3,000 EUR = Due Diligence each dependant child aged 13-17
- 5,000 EUR = Due Diligence each dependant child aged 18-26
- 5,000 EUR = Due Diligence each dependant aged 55 or above
- + Application Fee
PROCEDURE PROCESS
The steps are mainly simple, particularly after signing service agreement, we will proceed as follows:
After all the above steps, we will collect the Citizenship Certificate and passport and deliver it to you in the most secure way.
MALTA PASSPORT
Every Maltese citizen is also a citizen of the European Union. The passport, along with the national identity card allows for free rights of movement and residence in any of the states of the European Union and European Economic Area. In 2016, Maltese citizens had visa-free or visa on arrival access to 183 countries and territories, ranking the Maltese passport 7th in the world (the highest ranking of all the recent new member states of the EU) according to the Visa Restrictions Index.
