MALTA
Located 80 kilometers south of Italy, Malta consists of three English-speaking islands, is one of the safest and most stable country in the world with the modern cosmopolitan lifestyle, rich history, excellent-quality medical care, and high-standard education system in the European Union famous for its fast-growing economy, sunny climate, stable government, Mediterranean’s gastronomy, natural beauty, and efficient public services. The new Malta’s Granting of Citizenship for Exceptional Services by Direct Investment Regulations renewed in 2020 provides citizenship by a Certificate of Naturalization. Applicants and their dependent family members are granted irrevocable citizenship and a powerful passport who will enjoy benefits of visa-free travel and holding a dual citizenship in exchange of making a significant economic contribution to Malta and after 12 or 36 months of residency status.
Capital : Valletta
Language :Maltese & English
Population :444,000
Currency : Euro (EUR)
PROCESSING TIME
• 36 months
• 12 months (VIP)
INVESTMENT TYPE
• Non- refundable donation to Government investment PLUS property acquisition or an annual rent
INVESTMENT AMOUNT
• EUR 590,000
• EUR 740,000 (VIP)
VISA FREE COUNTRIES
• Visa free access to 185+ countries including the USA, Canada, Australia, and Japan
90 out of 180 days
DEPENDENTS FAMILY
• Spouse, unmarried dependent children under the age of 29, parents of main applicant or in-laws over the age of 55
KEY BENEFITS
• Right to study, work and live in the 27 EU countries
• The ONLY direct European citizenship by investment
• 185+ Visa Free Access including Canada and US
KEY FACTS
European Citizenship by naturalization within 12 months.
The right to live, work and study in any European country within the Schengen.
Malta passport is among the top 10 strongest passports in the world.
English as the second official language.
No need for an interview, language, education, managerial or business experience.
High-quality healthcare service and top-ranked schools, and universities.
Low cost of living compared to the other European countries.
GLOBAL MOBILITY
Visa free access to 185+ countries including the USA, Canada, Australia, and Japan.
The right to live, work and study in Malta or in any other EU countries at any time for any period.
As a member of the Commonwealth, the citizens of Malta are entitled to some privileges in the UK and other members’ states.
ASSET PROTECTION
No tax on foreign income and activities in the primary country of residence.
Taxed only on Maltese source income and remitted income.
No income tax for non-domicile individuals.
Double tax treaties with various countries.
Rental income of 4% on the properties.
Investing in a profitable and affordable real-estate market.
Open-for-business policies for entrepreneurs and investors.
Strong infrastructure for doing business while enjoying a professional and skilled workforce.
Strategic location with excellent air and sea connections to the most important business hubs.
Enticing incentives for investors and companies including low rents and low interest loans.
A center of major international banks.
INVESTMENT TYPE AND AMOUNT
TIMELINE
After retaining MICS and paying its initial professional fee, the first step is to sign the Power of Attorney (POA) document.
In Collaboration with Malta’s Licensed Agent : AKM-IMMV
Then, MICS processing team will provide the applicant with a precise list of civil and financial documents required by the government.
The MICS legal team will review the documents and financial source carefully and submit Residence application, then the tier 1 due diligence will be conducted.
MICS performs tier 2 due diligence and ensures correctness and completeness of the application. It may request further information or documents to ensure all the necessary documentation is in order.
Tier 3, and 4 Due Diligence will be applied, and MICS will present the Citizenship application to the minister.
Upon receiving the positive response for the citizenship application from the immigration, the application for the citizenship can be submitted for the VIP option of 12 months processing or the normal 36 months procedure.
Upon application approval the applicant needs to fulfill the Exceptional Direct Investment depending on the normal or VIP option. Another investment that must be made plus the Government donation, is either the residential property purchase or annual rent of it.
MICS will coordinate a date for the Oath of Allegiance to be done in Malta.
When Maltese citizenship is granted, Certificate of Naturalization will be issued for the applicant and his/her family which will be monitored for five years by the Government.
