Malta Citizenship by Investment

The 2014 Individual Investor Programme of Malta

Chetcuti Cauchi


The Malta Citizenship by Investment Programme grants citizenship in the Island of Malta after 12 months of legal residence.  Malta Citizenship by Investment applicants receive e-Residence Cards granting Maltese residency with full Schengen rights at the outset of the programme.  If the due diligence process is successfully completed and the contribution is made to Malta, Maltese citizenship is granted and the new Maltese citizens enjoy access to 180+ countries visa-free including the UK, Canada and the USA. The Maltese citizenship programme does not only offer mobility rights, but it also offers greater freedoms to families – it is valid for life and is passed on to future generations by descent. Children enjoy access to a high quality international education and healthcare system - provided free to Maltese citizens. Maltese Citizenship by Investment offers a European standard of living within a Mediterranean setting.






Country Highlights

CAPITAL CITY: VallettaCURRENCY: Euro €
LANGUAGES: Maltese, EnglishNEAREST COUNTRY: Italy, 255 km
VISA FREE COUNTRIES: 182 inc. EU, US, UK, CanadaTIME ZONE: Central European Time Zone (UTC+01:00)


Legal Basis

Maltese Citizenship by Investment may be granted under an amendment passed in November 2013 to the Maltese Citizenship Act, Chapter 188 of the Laws of Malta. These amendments provided the framework for the enactment of LN 47 of 2014. The “Malta Individual Investor Programme (MIIP) rules provide for affluent persons of impeccable standing and repute to be naturalised and to receive Maltese citizenship on the basis of a contribution to and investment in Malta.


Benefits

  • Citizenship of the European island of Malta after  1 year of residence;
  • Schengen residency from the beginning;
  • Right to relocate, live, study, work, do business, retire in Malta.
  • Newly born children in Maltese families are automatically entitled to Maltese citizenship;
  • An internationally recognised & acclaimed education & health-care system;
  • Source & Remittance based taxation only. No Wealth Tax. No Inheritance Tax; No Property Taxes.
  • Visa free travel to 182+ Countries, inc. UK, the US, and Canada.


Eligibility

The main applicant must be 18 years of age and in good standing; Home purchase or rent at €350,000 /16,000p.a.; Contribution of €650,000; Establish a residency in Malta; Buy Government bonds amounting to €150,000.


Process & Timeline




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