Maltese Prime Minister, Hon. Dr. Joseph Muscat addressed over 400 attendees from more than 40 countries at the 11th Global Residence and Citizenship Conference held over the last 3 days in Hong Kong. He highlighted some of the advantages an Asian investor may benefit from through Maltese citizenship, which benefits lead to the remarkable rankings achieved for both the Malta Citizenship by Investment Programme and the Malta Residence and Visa Programme.
Malta’s Citizenship by Investment Programme featured prominently in the Global Citizenship and Residence Programs 2017-2018 report which analysed and benchmarked the world’s top programmes available to the investor. The GCPI (Global Citizenship Program Index) evaluated 8 countries on 10 main pillars having a maximum score of 10 each: reputation, processing time and quality of processing, quality of life, compliance, visa-free access, financial requirements, relocation flexibility, residence requirements, transparency and physical visit requirements. Out of the 8 countries featured, Malta has obtained the highest score, surpassing countries like Cyprus, Austria and Grenada.
The report continued to highlight the GRPI (Global Residence Program Index), an evaluation of 20 countries measured on the following pillars: reputation, taxation, quality of life, visa-free access, compliance, processing time and quality of processing, financial requirements, total costs, citizenship requirements and time to citizenship. Similar to the GCPI, the GRPI also had a maximum score of 10 for each pillar which would total score out of a 100 for every country being evaluated. Malta featured in 4thposition overall, with better scores than countries like Thailand, UK, Australia, the US, Switzerland, Canada and the UAE.
Nexia BT can help initiate the process to become a Maltese citizen. Contact us today to find out how!