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:Â The applicant must have no criminal record and provide a police certificate as part of the due diligence process.
Good Health:Â 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:Â 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
Spouse: €50,000
Dependent Children: €50,000 each
Dependent Parents and Grandparents: €50,000 each
Applicants must commit to retaining an immovable residence in Malta for a minimum time period of five years. This can be fulfilled by either:
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.
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.
Dr FREDERICK ELLUL
Coates Global Malta
Brittania House, 2nd floor
Suite 8, Old Bakery Street
Valletta, VLT 1450
TELEPHONE: +356 9942 5815
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