Malta Introduction
Malta consists of a small group of islands in the central Mediterranean Sea, south of the Italian island of Sicily and well positioned as a cultural but also political stepping-stone between Europe and North Africa. Malta became independent from Britain in 1964 after being a colony for more than 200 years. Malta is nation with a rich cultural heritage and a history with some of the earliest settlements in the world going back 7,500 years. It has an excellent climate, very friendly people, and it is stable and safe country with a very low crime-rate. Since May 2004, Malta is also a full member of the European Union, and since 2007 is a member of the Schengen area.
Malta has a good infrastructure. Telecommunications, postal services, banking, hospitals and health services as well as all other important public services are efficient and of a very high standard. Air Malta operates 35 flight routes mostly within Europe and the Mediterranean region, and many other European airlines operate flights to Malta. There is a regular sea link with Italy. Traditionally agriculture was important, but the economy has undergone significant change. Major industries now include high-tech manufacturing, food and beverages, tourism and international financial services.
In recent years the Maltese government has actively sought to attract foreign capital with attractive incentives aimed at international investors and entrepreneurs. This pro-business government policy seeks to build on Malta’s many existing strengths such as its strategic location, excellent international trade relations, a highly qualified, motivated and English-speaking workforce and a good quality of life including excellent healthcare and schools.
Malta has also operated a long-standing residence program, which was recently revised and re-launched as the Global Residence Program, and has introduced a Citizenship-by-Investment option, known as the Individual Investor Program (IIP), which is lead by Identity Malta on behalf of the Government under a Public Services Concession.
Malta Citizenship-by-Investment
The Malta Individual Investor Programme (MIIP), is the most modern citizenship-by-investment program. The MIIP is the newest addition to the global citizenship-by-investment portfolio and offers clients the opportunity to gain Maltese, and therefore European Union (EU), citizenship.
Benefits of Malta Citizenship
- The right to live, work and study in any of the 28 EU countries and Switzerland
- Travel visa-free to 182 countries, including the EU and Canada
- World’s strictest due diligence standards and vetting of applicants, thus ensuring only highly respectable applicants will be admitted
- Citizenship of a well-respected EU country
- Reasonable contribution and efficient application process
- Malta is an attractive place to live or to own a second home and is strategically located with excellent air links
Route to Malta Citizenship
The Malta program includes three financial requirements:
| 1. | A contribution to the development of Malta |
| 2. | A purchase of stocks/bonds |
| 3. | A property transaction |
The combined upfront financial requirement, including applicable government charges and citizenship application fees, is just under EUR 900,000. These costs will increase slightly depending on the family size.
| Property Rental | Property Purchase | |||
| Financial requirements | Gov. and processing fees | Financial requirements | Gov. and processing fees | |
| Single applicant | EUR 650,000 donation EUR 150,000 stocks/bonds EUR 16,000 p.a. property rental | 12-15% | EUR 650,000 donation EUR 150,000 stocks/bonds EUR 350,000 property purchase | 9-12% |
| Married couple | EUR 675,000 donation EUR 150,000 stocks/bonds EUR 16,000 p.a. property rental | 12-15% | EUR 675,000 donation EUR 150,000 stocks/bonds EUR 350,000 property purchase | |