Introduction to Malta Citizenship by Investment Programme ( The Malta Individual Investor Programme)
The Malta Citizenship by Investment Programme is the first EU approved citizenship programme offering alternative citizenship options to families wishing to relocate their personal or business affairs to an EU country.
The Malta Citizenship by Investment Programme (IIP), attracts investors to Malta from all over the world. The Programme was launched by the Government of Malta in 2014 and is capped at 1,800 applications.
The team is led by Karl Cini, partner at Nexia BT, and who is an Accredited Person/Agent under the Regulations for the Individual Investor Programme (IIP) with Agent number IIP-003. Karl and his team can assist in the completion of the requested documents needed and for the submission of the application when liaising with Malta Individual Investor Programme Agency (MIIPA).
Why Choose Malta?
- Republic island in the central Mediterranean;
- Political and economic stability;
- 2nd safest country worldwide (World Risk Report 2018);
- European Union's fastest-growing economy;
- Commonwealth member state;
- Member of the EU since 2004; and
- Part of the Schengen Area since 2007.
Malta Citizenship by Investment Cost
|Main Applicant||€ 650,000|
|Spouse and each child below the age of 18||€ 25,000|
|Each dependent parent aged 55 or older and each unmarried child aged between 18 and 26||€ 50,000|
Due Diligence Fees (Payable to authorities)
|Spouse, adult Children and Parents||€ 5,000|
|Children aged between 13 and 17||€ 3,000|
Passport Fees and Bank Charges
|Passport||€ 500 per person|
|Bank charges||€ 200 per application|
All large amounts are paid after the Letter of Approval in Principle is received.
This makes the Malta IIP a fair process with minimal investment risk.
Benefits of Malta Citizenship by Investment Programme
- Base your business in the European Union’s fastest-growing economy;
- Citizenship in a well-respected, economically and politically stable EU country;
- Visa-free travel to 183 countries including the US, Canada and Australia;
- Right to own a second home in Malta;
- Protect the family legacy by passing on citizenship to future generations. Even if they are born outside of Malta they can attain citizenship by descent;
- Opt to live, work, study and set up business in all the 27 EU states along with Iceland, Norway, Switzerland and Liechtenstein;
- Gain settling rights in the following European countries;
Malta Citizenship by Investment Programme Eligibility Criteria
Be 18 years of age, or older. Eligibility may also extend to applicant’s dependents including the spouse or de facto partner, or a person with whom a relationship is held through a status which is the same as or similar to marriage, children, parents and grandparents under certain terms;
Propose to make a contribution as determined in the section entitled ‘Contribution Fees';
Provide proof that s/he has been a resident in Malta for at least 12 months preceding the day of the issuance of the certificate of naturalisation;
Meet all the application requirements;
Commit to providing proof of residence in Malta and proof of title to a residential property in accordance with IIP regulations; and
Commit to invest in stocks, bonds, debentures, special purpose vehicles, or to make other investments in accordance with the IIP regulations.
The government of Malta aims to attract only people of the highest of standards through the IIP and accord them Maltese citizenship. Applicants will be subject to due diligence scrutiny and expected to:
Have a clean criminal record;
Not have been denied a visa to a country with which Malta has visa-free travel arrangements; and
Not be deemed a potential national security risk, have a reputational risk or are subject to criminal proceedings.
Malta Citizenship by Investment Application Process (Timeframe)
In case of approval and upon notification by a Letter of Approval, the applicant would be requested to provide the following within 4 months:
Evidence of global health insurance policy and a declaration of capacity to retain such a policy indefinitely;
Proof of either acquired immovable property in Malta (minimum € 350,000) or of leased immovable property in Malta (minimum annual rent of € 16,000) to be held for a minimum of 5 years; and
Documents showing that the main applicant made such other investments in accordance with IIP regulations in Malta for a value of € 150,000 to be held for a minimum of 5 years.
Frequently Asked Questions (FAQs)
Karl Cini | Partner | Nexia BT answers some FAQs about how you can benefit from the Individual Investor Programme and the process of obtaining Maltese citizenship in a well-respected, economically and politically stable EU country. Benefit from visa-free travel to over 183 countries including the US have the right to own a second home in Malta and right of establishment in all EU member states and Switzerland.