Coates Global Malta assists you to obtain Maltese Citizenship within 12 months under the new investment routes.
Malta’s Citizenship by Investment Programme
Malta’s Citizenship by Investment Program, introduced in November 2020, offers a unique opportunity for individuals and families worldwide to obtain citizenship in a highly respected EU member country by contributing to the nation’s economic development. With a stable political climate, growing economy, and sound banking system, Malta offers investors an ideal location to establish a business or secure a second residency. In this guide, we’ll explore the eligibility requirements, investment options, and benefits of the Malta Citizenship by Investment Program.
To be eligible for Malta citizenship by investment, the main applicant must be at least 18 years old and meet the following requirements:
Clean Criminal Record: The applicant must have no criminal record and provide a police certificate as part of the due diligence process.
Good Health: The applicant must not suffer from any contagious diseases and must be covered by an international health insurance policy until they are granted citizenship.
Genuine Link with Malta: The new legislation has an increased focus on ensuring applicants have a genuine link with the country.
In order to be granted citizenship in Malta, the applicant must make a significant non-refundable investment in the National Development and Social Fund (NDSF) set up by the government of Malta. The NDSF finances projects in the country linked to public health, education, job creation, social improvement, and innovation.
The following investments must be made within four months of being issued a Citizenship Malta Letter of Approval in Principle:
Main Applicant: €600,000 for a 3-year residency period before citizenship or €750,000 for a 1-year residency period for a faster citizenship
Dependent Children: €50,000 each
Dependent Parents and Grandparents: €50,000 each
Real Estate Purchase or Rental
Applicants must commit to retaining an immovable residence in Malta for a minimum time period of five years. This can be fulfilled by either:
- Buying a property in Malta for €700,000 or more and maintaining ownership for 5+ years, or,
- Leasing a property for at least five years with a minimum annual rent of €16,000
Applicants must provide evidence of owning or leasing a property on the islands within four months of receiving a Citizenship Malta Letter of Approval in Principle, and are not allowed to sublease the property.
Once a Malta investment citizenship applicant is approved in principle, they must donate at least €10,000 to a local non-profit organization. This charitable donation should be made within four months of official Approval in Principle, and the applicant can choose from numerous qualified philanthropic, artistic, sport, scientific, or cultural non-governmental organizations (NGOs) and societies registered in Malta.
Benefits of Malta Citizenship by Investment
Successful candidates will be granted citizenship in Malta by a Certificate of Naturalization, which can also be extended to include their families. Once a candidate is awarded Maltese citizenship, they have the ability to:
Set up a Business: Maltese citizenship allows investors to set up and operate a business in the country.
Visa-Free Travel: Malta has a visa-free travel agreement with more than 160 countries, including the United States, United Kingdom, Canada and Australia.
EU Citizenship: Maltese citizenship also grants access to the European Union, offering a range of benefits to investors.
Malta’s Citizenship by Investment Program offers investors a unique opportunity to secure citizenship in a highly respected EU member country by contributing to the nation’s economic development. With stringent due diligence standards, a focus on ensuring genuine links to Malta, and investment options to suit a range of needs, Malta’s Citizenship by Investment Program is an attractive option for investors seeking a second residency or citizenship.
There are other costs associated with your dependants, see requirements and costs for more information.