Citizenship by Investment
Citizenship by Investment in Malta
Malta has been a member of the European Union since 2004 and is part of Schengen since 2007.
The Malta Citizenship by Investment Program is the first EU approved citizenship program. The Republic of Malta enjoys a stable political climate and a bi-partisan political scene that is largely convergent on issues of national and economic importance.
The Malta Individual Investor Program (MIIP) rules provide for affluent persons of impeccable standing and repute to be naturalized and to receive Maltese citizenship on the basis of a contribution to and investment in Malta.
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Individual Investor Programme
Henley & Partners was awarded a Public Services Concession in 2013 by competitive tender with regard to the design, implementation and international promotion of the Malta Individual Investor Programme (IIP). The Malta IIP is aimed at ultra-high net worth individuals and families worldwide. It offers citizenship in a EU Member State that is stable, neutral and highly respected, an efficient application process, and the world’s strictest due diligence standards and vetting of applicants, thus ensuring only highly respectable clients will be admitted.
EU citizenship gives the right of establishment in all 28 EU countries.
Citizenship is granted to suitable individuals and families who hold resident status in Malta for a period of twelve months immediately preceding the day of issuing of the certificate of naturalization and who qualify under the very strict due diligence regime. All individuals and families applying to the Malta Individual Investor Programme must make a significant contribution to the National Development and Social Fund established by the Government. The minimum contribution levels that must be met in the initial phase of the program have been set as follows:
- Contribution to National Development and Social Fund of EUR 650,000 for the main applicant
- Contribution for spouse and minor children: EUR 25,000 each
- Contribution for dependent children 18 to 26 years or dependent parents above 55 years: EUR 50,000 each
Furthermore, Due Diligence fees apply, and these have been set at the following levels: For main applicant: EUR 7,500; for spouses, adult children and parents: EUR 5,000; for children between 13 and 18 years of age: EUR 3,000 each.
The applicant must commit to retain a residence in Malta for a period of at least 5 years, either through the purchase of a property, for which the minimum value must exceed €350,000, or through leasing of a property, for which the minimum annual rent must exceed €16,000.
In addition, an investment of €150,000 in Government approved financial instruments, which must be maintained for a minimum period of 5 years is required.
When you acquire citizenship under the Malta Individual Investor Programme, you and your family enjoy full citizenship for life, which can be passed on to future generations by descent.