Malta’s citizenship by investment
The first citizenship by investment program to be recognised and acknowledged by the European Commission as a legal investment program.
The Republic of Malta is a European island state in the Mediterranean Sea. The Maltese archipelago comprises three inhabited islands: Malta, Gozo and Comino, and 18 uninhibited. The smallest one is Comino, and it is mainly unpopulated. The largest one is Malta followed by Gozo. With Malta being a cultural, commercial and administrative centre, Gozo is mainly known for fishing, crafts and agriculture.
In 1964, Malta gained full independence from the UK and joined the Commonwealth. In 1974, it became a republic. In 2004, it joined EU.
Benefits of investing in Malta
Malta is a high-income advanced, innovation-driven economy offering foreign investors a lot of benefits in exchange for their investment in the country.
- Residence card in 1-3 weeks for visa-free entry to Schengen states
- Right to live, study and work in any EU state
- EU passport for the whole family
- Productive English-speaking workforce
- Favourable geographic location
- Fully developed open market economy
- Politically and economically stable EU state
- High standards of healthcare and education
- Low crime rate
- No tax on property
- Low corporation tax
- Stable property market
- Easy connections with EU and neighbouring countries
- Visa-free access to more than 161 countries
To bring foreign investments, talent and expertise into the country, the Maltese government launched its citizenship by investment program. Maltese citizenship is offered to wealthy foreign citizens of reputable standing and their dependents in exchange for their contributions into the local economy.
Funds received through the citizenship program are used in the public interest, e.g for the advancement of education, research, innovation, social purposes, justice and the rule of law, employment initiatives, the environment and public health.
Eligibility and requirements
- 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.
- 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.
Malta’s residence program
Foreign nationals, before applying for naturalisation, need to obtain an EU residence card under the Malta Residency and Visa Program. It can be used as a stand-alone opportunity for those that wish to be residents without becoming citizens, or it can be obtained to get a Maltese passport in a year’s time.
The residence certificate is issued indefinitely. It will be monitored annually for the first five years from its issue, and every five years thereafter. It means that applicant will need to visit Malta to renew it every year for the first 5 years and then once every 5 years.
Citizenship program requirements
Investment consists of three parts: government contribution, purchase/lease of a property and purchase of approved financial instruments. There are other fees and charges involved.
1. Government contribution
To qualify for naturalisation in Malta, the Government requires the main applicant and their dependants to make the following contributions:
|Each dependant under 18||+€25,000|
|Each unmarried dependant between the ages of 18 and 26||+€50,000|
|Each dependant parent over 55||+€50,000|
2. Investment in real estate
The main applicant must buy or rent an immovable residential property in Malta:
- acquire a property with a minimum value of €350,000
- take on lease a property with a minimum annual rent of €16,000.
Such property may not be let or sublet but must be retained by the applicant for at least 5 years from the date of acquisition or lease.
3. Investment in securities
Applicants may qualify for a Maltese passport by acquiring stocks, bonds, debentures, special purpose vehicles or other investment vehicles for at least €150,000. And they must be retained for no less than 5 years.
Due diligence fees
|Each dependant between the ages of 13 and 18||+€3,000|
|Each unmarried dependant between the ages of 18 and 26||+€5,000|
|Each dependant parent over 55||+€5,000|
Your 7 steps to Malta’s passport
It takes 1-3 weeks to obtain a residence card and a certificate of naturalisation is granted after 1-year residence requirement is met.
- Book an appointment with one of our specialists.
- We apply for a residence permit.
- We prepare and submit all forms and documents for citizenship.
- Due diligence and background checks.
- Approval of the application in principle.
- Making an investment.
Imperial & Legal is a partner you can rely on. We make sure you get second citizenship within the shortest time and at a minimum cost. We guarantee quality, reliability, professionalism and full confidentiality.
We have a team working in London and Malta, and we see to it that all your documents are duly prepared, all forms are completed correctly and submitted in due time.
When working on your application, we make sure that every required document is obtained, translated, notarised and legalised. We know all the pitfalls and potential problems we might have when preparing your case, and this helps to minimise costs and time spent.
We handle all the documents and paperwork with confidentiality and care, so our clients can rely on and trust us with their personal matters.