|LOCATION||Malta is an Archipelago located in the Mediterranean Sea (south of Sicily and north African coast )|
|POLITICAL STATUS||a parliamentary republic|
|CURRENCY||The Euro, since 1 January 2008. Previously: the Maltese Lira|
|DATE OF INDEPENDENCE||21 September 1964|
|GOVERNMENT TYPE||Republic, Parliamentary system, Unitary state, Parliamentary republic|
|LEGAL SYSTEM||The legal system of is based partially on English law and partly on Continental law, whilst also being subject to European Union law.|
Malta is an archipelago located in the middle of the Mediterranean Sea between Sicily, Italy, and the coast of North Africa. Valletta is the capital and is considered as the smallest capital in the European Union.
Malta has a rich history with evidence of many successive civilizations have ruled due to location importance and good harbor which attracted Phoenicians, Greeks, Romans, Arabs, Normans, Crusaders, the French and finally the British, with the colonial period lasting until 1964.
The islands enjoy of Mediterranean climate, with a hot, dry and very sunny summer. Spring and autumn are usually cooler, and winter is milder.
Furthermore, it enjoys a good economic power while it ranks 15th in Europe and among the top 35 in the world.
Applicants under Malta Citizenship by Investment Programme must choose one of the potential routes to citizenship:
Benefits of Malta citizenship program:
Benefits of the program:
The Features of Malta passport:
Currently, Malta citizens can travel to more than 150 countries without the need to follow a cumber some visa application process. A vast majority of these countries allow Malta citizens to stay 30 to 90 days without any visa requirement while some countries grant visas upon arrival or issue electronic visas upon online application.
MALTA PASSPORT ALLOWS VISA-FREE AND VISA ON ARRIVAL TRAVEL TO MORE THAN 130
THE MAIN STEPS TO GET MALTA CITIZENSHIP BY INVESTING:
The process may be simplified into the following steps:
Apply for Residence: Applicants must start the residency process to start the one-year residency requirement. A deposit of € 650,000 is required at this stage, and within 3 weeks the applicant will receive the e-ticket.
Official request by the authorized person: A formal application is submitted to Identity Malta with the supporting documents. These payments include due diligence, passport fees, and the deposit of € 10,000 on account of the contribution of € 650,000, less than any payments made for accommodation. In addition, the applicant must provide evidence of the source of funds.
Identity Malta confirms whether the documents are officially submitted.
Formal Request for Contribution: Identity Malta requests payment of remaining balance on the contribution & passport fee.
Final Compliance: Provide evidence to buy/lease property or invest in bonds.
Issuing Naturalization Certificate.
Investors and families applying to the Malta Individual Investor Program can choose to make a significant non-refundable contribution to the National Development and Social Fund. The fund finances projects in the country linked to public health, education, job creation, social improvement, and innovation.
The following contributions must be made
Main applicant – €650,000
Spouse – €25,000
Dependent children – €25,000 each
Children 18-26 (unmarried) – €50,000 each
Dependent parents & grandparents – €50,000 each
Adult children (physically or mentally challenged) – €50,000 each
To qualify for acquiring Malta citizenship under the real estate investment option, an applicant must commit to retaining an immovable residence in Malta with a deed restriction not able to sell. And it can be done by either purchasing the property in Malta for at least €350,000 and maintaining ownership for 5+ years; or
By leasing the property for five years or more with a minimum annual rent of €16,000.