It goes beyond just being a title; First Express’s primary objective is ensuring a seamless and uncomplicated citizenship process.
Malta
About Malta
The European Union comprises 26 nations, and Malta has been among them since 2004. It is one of the most fascinating islands, with abundant sunshine and a close location to the Mediterranean Sea, which is the reason for its favorable climatic conditions.
Interestingly, Malta passport currently holds an esteemed position among the world's highest-ranked passports granting visa-free travel to over 173 countries, among them are the UK, Canada, and Schengen countries,
The popularity of Malta Individual Investor Program (MIIP) for citizenship by investment is primarily due to the country's reputation for rich cultural heritage and natural splendor and being ranked among the world’s safest nations. Additionally, Malta has become a significant hub for freight trans-shipment, contributing to its thriving economy and helping maintain a meager unemployment rate with various options for efficient investment, such as properties in the capital city of Valletta or any other city in Malta.
Obtaining citizenship is within 12 months, and it requires contributions from investors and their families to Malta governments besides property purchase or rental & investment in Government bonds. Moreover, investors can benefit from a favorable tax environment and international business prospects. It is important to note that obtaining a Maltese passport does not require renouncing one's current nationality, and it can be passed down to future generations through descent.
Facts About Malta
Time Zone
GMT +2
Location
Mediterranean Sea
Capital
Valletta
Total Area
316 Km2
Population
>516,000
Language
Maltese and English
Malta Citizenship by Investment Program
As one of the most minor ten islands around the globe, Malta initiated several development programs, which include the citizenship by investment program that represents an invitation for a new start and a unique lifestyle in a prime location 80 km south of Italy’s Sicily, 284 km east of Tunisia, and 333 km north of Libya.
Since 2004, Malta has joined the European Union, which grants its passport holders facilitated entry to over 173 regions worldwide.
The Island’s small area also contributes to a harmonious social and political atmosphere, with low levels of unemployment. Additionally, its strategic position in the Mediterranean Sea offers a plethora of captivating landscapes and an abundance of daylight and sunshine.
All of these remarkable advantages can be expanded to encompass the entire family, allowing for the inclusion of children, spouses, and parents in the same application. Furthermore, the option to pass down these benefits to future generations is also available.
Malta Citizenship By Investment Scheme
Malta offers a streamlined citizenship-by-investment program, aiming to minimize confusion by providing straightforward steps and precise conditions for potential applicants.
The steps are as follows.
- The applicant deposits a contribution of €700,000 to Malta National Development and Social Fund
- This is besides a required investment in real estate through purchasing a property with a minimum value of €740,000 or entering into a lease starting from €16,000,
- Extra EUR 50,000 is required for adding the spouse and each dependent child aged between 18 and 26 as well as parents from 55 years old or above
- Due Diligence fees: €15,000 for the main applicant
- Due Diligence fees: €10,000 for the spouse, adult children between 13 and 18 years and parents
- A minimum donation of €10,000 is required to a non-governmental organization approved by the Community Malta Agency; several entities receive support in fields including sports, culture, science, philanthropy, animal welfare, or arts.
Malta Citizenship Requirements
Malta offers a Citizenship by Investment program, enabling eligible individuals to acquire citizenship and a passport through investment. By meeting the program’s criteria, including requirements pertaining to personal and financial backgrounds, individuals can attain Maltese citizenship and enjoy the associated benefits.
The opportunity is open to individuals of various nationalities, except Afghanistan, Iran, and North Korea. An applicant becomes ineligible when maintaining any connection, business relationship, or bank account in these countries.
Depositing the various required investments in government funds, real estate, and NGOs
The maximum age for the children to be added with the principal applicant is 26
The minimum age of dependent parents eligible for inclusion in the same application is 55
Undergoing a rigorous due diligence test
A Passport That Is Welcomed In Over Than 173 Countries
Over 150 countries welcome Malta’s passport holders without a visa, including:
- Albania .
- Canada.
- Finland .
- France.
- Germany.
- Italy
- Spain.
- United kingdom.
173
Free Countries
Malta Passport Application Timeline
Malta Timeline
First Express conducts an initial background check by examining the passport copy. After that, the necessary documents are gathered, and advisory, government and due diligence fees are paid. This process also requires traveling to Malta to sign the official documents and receive the residence card.
Preparing the citizenship application and assisting with the real estate property search process by experienced agents is optional
Conduction of the due diligence process, the pivotal stage that determines whether or not citizenship will be granted
Upon authorization, Malta’s government issues the “Approved in Principle” letter
Transaction of the required contribution and presenting the purchased or leased property’s contract
The family applying for citizenship visits Malta to swear the oath and undergo biometrics for passport extraction
Malta Citizenship Benefits
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Truly Express
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The Lifetime OpportunityMalta's citizenship by investment program not only allows spouses, children, and dependent parents to be included in the same application but also offers the feature of inheritance to future generations.
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Roam The WorldSchengen countries, the UK, and over 180 countries offer visa-free access to Malta’s passport holders.
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Free TaxationMALTA'S SECOND NATIONALITY provides numerous advantages in taxation, including exempting taxes on income earned internationally.
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Attractive commercial destinationThanks to its strategic position in the Mediterranean, Malta is an ideal destination for entrepreneurs and business professionals looking to expand their ventures. Additionally, Malta benefits from over 50 alliances with various countries, significantly facilitating business relations and offering additional growth opportunities.
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World-class healthcareThis citizenship by investment program provides access to free-of-charge top-notch medical services in several renowned regions across Europe, ensuring the well-being of investors and their families.
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Minimal RequirementsMalta’s citizenship requirements do not necessitate giving up on the original nationality.
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Full Educational SupportAs an EU citizen, I am warmly invited to explore exceptional educational opportunities in the most prestigious British institutions.