Malta
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Malta
About Country-
Situated in the center of the Mediterranean Sea, Malta enjoys an excellent reputation for its splendid climate, friendly people, low crime rate, and superb quality of life. An attractive place in which to live or own a second home, Malta also has excellent air links.
About the Programme-
Malta offers several immigration-by-investment programs, providing both attractive options for acquiring citizenship and residency. Malta offers individuals and their families a safe and stable country with reputable education and healthcare. Maltese residence programs allow successful applicants the right of visa-free travel within the Schengen Area.
Investment Options
Under the Malta Global Residence Permit program, the investment has to satisfy all the 3 conditions below.
- NDF donation:
- Option 1: €600,000 non-refundable) to National Development Fund (citizenship after 3 years)
- Option 2: €750,000 non-refundable to National development fund (citizenship after 1 year)
- Additional Contribution: €50,000 per dependant
- Investment in Real estate (optional €700,000 if purchased) or rent a housing (€16,000 per year lease). Immovable property cannot be let or sublet under the rules and must be maintained for 5 years.
- Health insurance coverage for all persons applying under
Above payments must only be done after receiving initial approval from Malta Government.
Benefits-
- Visa-free or visa-on-arrival travel to 186 destinations
- Access to a transparent and reputable financial centre and a prime jurisdiction for international business
- World’s strictest due diligence standards and vetting of applicants, thus ensuring only highly respectable applicants
- An attractive place to live or own a second home in, strategically located with excellent air links.
Requirements-
Apart from making a required investment the applicant must also comply with the following criteria:
- Main applicant must be older than 18.
- Minimum investments €1.15M.
- Investments must be retained for a 5-year period or more.
- Proof that money is available for investment.
- Affidavit for every dependant over 18, not a spouse.
- Applicants over 13 must pass Due Diligence checks.
- All applicants must be in good health.
- Clean criminal and immigration record.
- 1-year residence.
- Regular visits to Malta to get acquainted with its culture and lifestyle.
Dependant eligibility-
- Spouse and children under 18.
- Unmarried children of 18 to 26 years of age who are wholly maintained by the main applicant.
- Parents or grandparents above the age of 55 who are wholly maintained or supported by the main applicant and form part of the household of the main applicant.
Mobility-
A Maltese passport grants unrestricted global visa-free access to over 182 countries,. As a citizen of Malta, passport holders have the freedom to attend last-minute business trips or take spontaneous family holidays. In the first three weeks of the application process, investors receive a Maltese residence card, before Maltese eligibility and citizenship application can be submitted. Maltese citizens had visa-free or visa on arrival access to 186 countries and territories, ranking the Maltese passport 8th overall.
Procedures and time frame-
The application requirements and procedures for the Malta Permanent Residence Programme are reasonable and straightforward. The application is submitted to the Residency Malta Agency, the government agency responsible for applications. After stringent due diligence checks, successful applicants will be requested to complete the qualifying investments and will then be issued a residence permit. Residency Malta Agency will issue successful applicants with a Maltese residence certificate, which acts as a permit.