Malta is more than just an archipelago in the middle of the Mediterranean Sea. It’s a hidden gem & definitely holds more adventures than most people know. It’s also famous for having the best weather in the world! It’s always sunny, even in winter. Its location in the centre of the Mediterranean has historically given it strategic advantage from a military point of view. It is a popular tourist destination boasting numerous recreational areas & many architectural & historical monuments.
The Malta Citizenship by Investment Program, also known as the Malta Individual Investor Programme (MIIP) is one of the most popular Citizenship by Investment programmes, as it comes with countless benefits.
The Maltese Government introduced it to facilitate foreign investment and business expertise into the country.
The previous program was officially closed after it reached the cap of 1,800 applications. It was after then that the new program was introduced in November 2020. This new program offers a secure EU relocation route with a fast and straightforward residency acquisition.
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Permanent EU residency in 12 months.
Maltese permanent residents enjoy simplified work permit application processes.
Non-domiciled Maltese residents pay tax only on domestic earnings.
Travel within the Schengen Zone without a visa for 90 days per six months.
No residence requirement prior or after residency is granted.
Access to world-class universities offering low tuition fees.
1. €98,000 Government Donation & Five Years Property Rental
Investors may contribute €98,000 to Maltese programmes, alongside property rental in Malta for at least €10,000 – €12,000 per annum, depending on the region, for five years.
Additional family members, including parents and grandparents, may be added to the application for a contribution of €7,500 per person.
2. €300,000 – €350,000 Real Estate Investment
Property investors may purchase a home with an additional government donation of €68,000. Eligible properties must be valued from €300,000 in South Malta or Gozo or €350,000 in North and Central Malta.
Investors must hold real estate assets for five years from the date of residency.
The same option applies to add relatives in addition to spouse and children for €7,500 per additional dependent.
3. €500,000 Capital Asset Requirements & NGO Donations
Applicants must make an additional donation of €2,000 to an NGO registered with the Commissioner for Voluntary Organizations.
Investors require €500,000 in capital, of which €150,000 should be evidenced liquid financial assets held in a bank account.
Be third-country nationals (non-EU), non-EEA and non-Swiss.
Not belong from a sanctioned country, as stipulated by the Residency Malta Agency, nor benefit from other regulations and schemes.
Have enough financial resources to sustain themselves and their family members, without leaning on Malta’s social assistance system.
Demonstrate they have enough capital assets.
Hold a clean criminal record and be considered, ‘fit and proper’.
Not pose any potential threat to Malta’s national security.
The application must be lodged with a Licensed Agent.
The individual must cover all administrative fees under the program.
Hold a valid travel document.
Take out a health insurance coverage policy that covers all risks across Malta.
Possess travel insurance when traveling across the Schengen area.