Malta citizenship by investment program is called Individual Investor Program of Malta (IIP Malta) and is regulated by the Malta Citizenship Act.
Created in 2013, this Malta citizenship program allows investors and their immediate families to join the Maltese community and enjoy its benefits as Malta citizens.
High net worth individuals from third countries can also obtain a Malta passport and gain free movement in the EU/EEA and Schengen Area with minimum requirements.
Malta citizenship by investment program grants Malta citizenship and high-mobility Maltese passport to investors from outside the European Union. Thanks to this Malta citizenship program, foreign families have the opportunity of living and working in this European paradise and even other EU countries.
The process takes between 12 and 36 months, but with a minimum investment of €738,000, investors and their loved ones can have Malta citizenship for life and even pass it down to their children, as well as traveling to all territories in the European Union with no extra requirements.
Malta is an archipelago in the Mediterranean Sea. More specifically, it is located between the Italian island of Sicily and the coasts of Tunisia and Libya, in North Africa. With an area of 316 km2, Malta is one of the smallest countries in the European Union, though it has more than half a million inhabitants (around 514,564). Its capital city is Valletta, which is home to iconic fortifications built in the 16th century. Like other countries in the European Union, Malta’s official currency is the euro.
To qualify for the Malta citizenship by investment program, investors must buy a property that is worth at least €700,000. They can also rent real estate for €16,000 annually.
At this moment, they should already have a residence card and be able to submit proof of residence when required. Investors have to travel to Malta to obtain a residence card.
Malta citizenship by donation is not exactly an option but if you want to qualify for Malta citizenship by investment in real estate, you should also make a contribution of €10,000 to government charitable organizations in Malta plus €600,000 (with a residency of 36 months) or €750,000 (with a residency of 12 months) to the National Development and Social Fund.
€15,000 for the main applicant
€10,000 per applicant
€11,000 for the main applicant and €3,000 for each additional dependent
Will depend on the number of dependents
As a top licensed agency, Second Passport can help you submit your application for a residence card in Malta (this process usually takes 1 to 3 weeks).
Note: New Malta citizens must keep qualifiable for a period of at least 5 years. Second Passport can help you meet the eligibility requirements for you to keep enjoying your Malta citizenship.