Key concept of the program: in order to obtain Malta residence, applicants must invest in Maltese government bonds, rent or buy property in Malta and pay an administrative fee for taking part in the program. The program also covers the investor’s children, parents and grandparents.
How long do you have to live in Malta to get citizenship?
7 to 18 years
Citizenship by naturalization is granted to those who have lived in Malta permanently and for a long time and have been able to integrate into the local society. The process of obtaining citizenship by naturalization takes from 7 to 18 years.
How much does it cost to buy Malta citizenship?
Malta, which has been offering citizenship to foreign nationals in return for investment since 2014, includes among its requirements an investment of $720,000 and a three-year residence period, or $900,000 and a 12-month residence period under exceptional circumstances.
Is it easy to get Malta citizenship?
Passport after 3 years You should make a contribution of €600,000 to the National Development and Social Fund. You can qualify for Maltese citizenship through exceptional services after 36 months. To include dependents, add €50,000 each. You are also required to make a philantrophic contribution of at least €10,000.
Does Malta allow dual citizenship?
Since Malta is a part of the European Union, a Maltese citizen can travel and reside freely in any of the member states that are a part of the EU. Malta has permitted dual citizenship without restriction since 2000.
Does Malta give citizenship by birth?
Maltese Citizenship by birth came into the Maltese constitution on the 21st of September 1964. The Independence Constitution established who should become a citizen of Malta automatically by birth. Maltese Citizenship can be granted if the parents were born in Malta. This is a human right granted to all born in Malta.
Eligibility for the Maltese Global Residence Program
- Be a 3rd country national;
- Be a non-Maltese, EEA or Swiss national;
- Have a stable and regular income for maintaining yourself and your family;
- Have medical insurance that covers you and your family globally;
How much does it cost to become a Maltese citizen?
Unlike residency programmes or investor visas, which many countries (including the UK) offer to foreigners, Malta’s Individual Investor Programme grants full citizenship to successful applicants. It costs a minimum of 880,000 euros (£800,000; $1m), rising for each additional family member.
How much investment do you need for Malta citizenship?
Requirements of Maltese citizenship-by-naturalization To qualify, the following requirements must be fulfilled: A minimum age of 18 years for all applicants. An investment of at least EUR 600,000 (or EUR 750,000 by exception) depending on the residence status length (36 months or 12 months, respectively)
Is it easy to get Maltese citizenship?
You can qualify for Maltese citizenship through exceptional services after 36 months. To include dependents, add €50,000 each. You are also required to make a philantrophic contribution of at least €10,000.
Can you buy Maltese citizenship?
If you bring €900,000, you can buy a Maltese passport and then you become an EU citizen.” The selling of citizenship has become a big global market for wealthy individuals looking for low taxes, elite education or for political reasons.
Can I buy Malta citizenship?
It is possible to acquire Malta citizenship through a qualifying investment. In order to do this, you must make three separate investments. Firstly, you must make an exceptional direct investment of a minimum of €600,000 or €750,000 for the main applicant, depending on the residence period selected (12 or 36 months).
Do you have to live in Malta to apply for permanent residency?
No residence requirement Having obtained Malta permanent residence, you are not required to reside in the country. You can use your status for traveling and as a backup residence at your disposal. Malta permanent residence cards are issued to all members of the main applicant’s family, including children under 26 years of age and parents.
How often do you have to renew your Malta residence card?
Once you’ve been a legal resident for five years, you may apply for permanent residence. This gives you all the same rights as before, but you’ll only have to renew your residence card every five years. Note that it is entirely within the Maltese authorities’ discretion to grant residence to non-EU citizens.
Is there an Immigrant Investor Program in Malta?
Immigrant Invest is the official representative of the government investor program of Malta. We have been working with this program since its approval by the Parliament of Malta. Once you obtain Malta residence, we continue to support you until you receive return on investment.
Do you need a visa to stay in Malta?
Whether you receive this extra time, however, is entirely at the discretion of the Maltese authorities. If you want to stay in Malta even longer, you’ll have to apply for a permanent resident visa under one of Malta’s many residence “schemes” or programs.
