Malta is part of the EU
The Malta citizenship by investment offers high net worth individuals and their family the opportunity to become citizens of Malta. This is one of the most popular and enduring programs that we consult on. This passport allows you to live, study, work, and travel anywhere within the European Union (incl. the UK). Maltese citizens also have visa-free or visa on arrival access to 167 countries and territories.
Here’s some background information about Malta and the citizenship program.
About Malta
Malta, officially known as The Republic of Malta, is a Southern European island country consisting of an archipelago in the heart of the Mediterranean Sea. Historically, this position has given it a significant strategic importance as a naval base, and a series of powers have governed the islands through the ages.
This has seen it develop a unique culture with a variety of influences (its two official languages are Maltese and English) and in recent years its location has made it a prime setting for investors looking to the EU and beyond. Because of its scenic beauty and historic image, it has become a favoured location for filming big budget movies.
Malta Citizenship by Investment Program
With its warm climate and historical monuments (including 3 UNESCO World Heritage Sites), Malta is a very popular tourist destination. The Maltese government is also eager to encourage and attract foreign business and investment. They therefore brought in the Malta Individual Investor Programme (MIIP), which allows affluent individuals to become Maltese citizens on the grounds that they make a contribution to and investment in Malta.
The key benefits of the Malta Citizenship by Investment Program are:
- It is an EU-approved citizenship program (since 2014)
- Parents of main applicant and spouse, young children and dependent adult children under 27 are granted citizenship too
- Malta is a stable and secure country that benefits from a European mindset and a Mediterranean climate
- Visa free travel to 167 countries, including the UK
- Right to live, work and study anywhere in Europe
- You can be issued with your passport within 14-24 months
- Attractive tax system for international businesses and investors
Main Terms and Conditions
Applicants must be 18 or over and able to provide proof that they have no criminal record or sanctions impose upon them
Must possess valid passport
Must declare origin of the funds for investment
No residency requirement as such but nominal proof of residency in the country is required for 12 months (apartment lease, rental car agreement, gym membership, etc.)
Investment Requirements
Size of investment
A one-off down payment of €650,000 in the country’s economy and €150,000 investment in the government bonds. €350,000 investment in the real estate OR a rental agreement of €16,000 per annum for a duration of 5 years
Government fees:
€25,000 (each) for spouse and children under 18
€50,000 (each) for children 18 to 25 and parents over the age of 55
There is also a due diligence fee of €7,500 for the main applicant and €5,000 (each) for the spouse, children and parents; €3,000 (each) for children 13 to 18.
Passport fees are €750 for each person.
Next step
At Shorex Capital, we will handle all aspects of your application and investment requirements. We work with several property developers and are totally independent.
To find out more about becoming a citizen of Malta, please contact us, we will be happy to assist you:
Inna Iranyi, t +44 20 7482 8102, inna@shorexcapital.com (English, Russian)
Ilona Iranyi, t +44 20 7482 8123, ilona@shorexcapital.com (English, Russian)
Philippe Gelin, t +44 20 7482 8118, pg@shorexcapital.com (English, French)