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Malta Citizenship

Malta has a new citizenship by investment program (Malta IIP), naturalising foreign investors for citizenship, who make a substantial investment in Malta with genuine ties to the country. Malta is the member state of the European Union since 2004 and its citizenship by investment program (CIP) is the only program approved by European Commission.

Malta is a beautiful mediterranean island nation having robust economy, stable political system, sound financial institutions and highly developed country. Under the legal act of Legal Notice 47 of 2014 of Republic of Malta under “Individual investor program” grants individuals and families citizenship and passport who involve in technology, social and economic development in Malta. Malta IIP is capped to maximum of 1800 applicants

Citizenship Benefits

Malta is a full schengen member state of the European union since 2004. Maltese passport is highly respected worldwide, grants full rights to live, travel and work in Europe. No prior visa required to travel to Europe, USA, UK, Hong Kong and over 160+ countries.

Citizenship Investment

The Individual Investor Programme of the Republic of Malta (IIP), by virtue of Legal Notice 47 of 2014, allows for the granting of citizenship by a certificate of naturalisation to individuals and their families who contribute to the economic and social development of Malta.

To qualify for Maltese citizenship under investment, the main applicant must be at least 18 years of age, provide proof of having been a resident of Malta for a period of 12 months preceding the issuing of a certificate of naturalisation and meet the following investment requirements:

  1. The acquisition of real estate with a minimum value of EUR 350,000 to be held for at least 5 years; or Lease a residential immovable property in Malta for a period of 5 years, at an annual rent of at least EUR 16,000
  2. Make a nonrefundable contribution to the National Development and Social Fund (EUR 650,000
  3.  An investment in stocks, bonds or special purpose vehicles to be identified by Identity Malta, for a minimum value of EUR 150,000 to be held for a minimum period of 5 years.

Global Health Insurance coverage for at least EUR 50,000 for the main applicant is required and each of the dependants and must give proof that they can maintain the same for an indefinite period.

Dependents, family members can be included in one citizenship application:

  • Spouse
  • Dependant children of 18 years of age and under.
  • Dependants between the age of 18 and 26 years of age, who are not married and who are wholly supported by the main applicant and form part of the household.
  • Dependants over the age of 55 years (e.g. parents), who are wholly supported by and who form part of the household of the main applicant.

Total costs will come around EUR 900,000  for single applicant, and additional costs apply for family and dependents.

Only talented, wealthy, high respected applicants with excellent references are admitted into the Maltese IIP program. All applicants must undergo stringent due diligence and background checks before being approved (high refusal rates).

Minimum Stay Requirements

Malta has no minimum stay requirements.

Fee and Costs

The total all inclusive costs (Govt fee + Due diligence + Lawyer fee etc) for one person should come around approx EUR 900,000 to 1 million. Additional costs apply for dependants and family members. Please contact us for a free quote.

Time Frame

It takes about 3-4 months for application processing time.

Passport will only be issued after 12 months, provided the investor has resided in Malta for certain number of days and has proved genuine ties to Malta. This does not mean you have to live all the time in Malta. As per the program requirements, no sooner than 12 months, the citizenship application will be approved.

Malta passport grants full EU citizenship which makes it easy to live and work anywhere in Europe.

Residency requirements

Malta requires a visit of minimum number of days in the country in the first year of around 2-3 weeks only for completing various formalities with the Government authorities. Certificate of naturalization only issued after 12 months having proved “genuine link” to Malta and by satisfying residency-requirement.

If you dont buy real estate, it is very important the you should rent a place to live € 16000 for 5 years for address registration in Malta

Valletta, capital of Malta - Shopping streets

Application Process

  1. Initital document preparation with retainer fee €10,000
  2. We will do due diligence test from our firm, if all goes well we will decide to accept you to launch your application with Malta Government. We do not accept clients unless there will be a 100% success rate with Malta Government.
  3. Submit IIP application to Identity Malta.
  4. In about 2 months, you will receive approval letter (green light), to remit investment €650,000 and you will be given 4 months compliance time to finalize all investments including buying bonds and real estate (accommodation).
  5. In the 6th month, you have to take oath of allegiance.
  6. After 12 months, you will receive “Certificate of naturalization” which is a proof for acquiring Maltese citizenship.
  7. You have to apply for Malta passport in 13th month attaching naturalization certificate.

Malta Real Estate

Malta real estate market is in great demand and recently the housing prices went up by 10%. The prices of apartments in central malta (sliema, st julians) average around 500,000 euros with average rentals is 1500 euros monthly with return yields 4.2% to 4.4% according global property guide report. The average square metre price is 3200 to 3500 euros. Property prices in Gozo, Comino are much cheaper. 

Under the Malta CIP, there is no requirement to buy real estate with minimum 350,000 instead you can rent a housing in Malta for 5 years. If you decide to buy a property, you must hold it for 5 years under the IIP rules.

Malta Taxes

 No taxes apply unless you have lived for more than 183 days (tax resident) in Malta. Taxes determined based on the “residence status” not based on holding “citizenship”. The acquisition of Maltese citizenship under the IIP doesnot, in itself, trigger tax residency, but even if one decides tomove and take up permanent residence in Malta, one would normally still retain the status of a non-domiciled person.

Malta does not impose estate or gift tax but does levy a Capital Gains Tax (CGT) on various assets (mainly immovable property and shares). CGT is not levied on transfer of immovable property if the person transferring the property has owned it and occupied it as his main residence for a period of three consecutive years immediately preceding the date of transfer and if the property is transferred within 12 months from vacating the premises. Otherwise, tax may be levied at up to 35% on the gain if the property is sold within the first 12 years of ownership or 12% on the sales consideration if the transfer is made after 12 years of ownership. The 12% final tax, however, does not apply if the individual property owner is not resident in Malta.
The The standard VAT rate is 18%. The corporate tax rate is 35%; special tax concessions, however, apply for non resident/non-domiciled owners. Malta has concluded double taxation treaties with around 60 countries. A number of other agreements are signed butnot yet in force.

Blue lagoon, Malta - Pristine turquoise blue waters

Documents Required

  • Copy of passport (certified copies)
  • Birth certificate*
  • Police clearance certificate (all countries where you lived past 10 years, FBI clearance for US must be less than 6 months old)*
  • Marriage certificate (translated to english)*
  • Business connection documents.
  • Medical tests with HIV clearance (must be less than 3 months old)
  • References from bankers, lawyers.
  • Global health insurance coverage 50,000 euros.
  • Proof of source of income (bank statements).
  • Health certificate from registered medical practitioner.
  • Proof for current residence (utility bills)
  • Personal details, family information, education and employment.
  • Tax statements from the country of origin.

All original documents must have apostille seal.

Visa free travel

As of 2016, Maltese citizens had visa-free or visa on arrival access to 168 countries and territories, ranking the Maltese passport 9th best passport in the world according to the Henley Visa Restrictions Index.

Malta passport is recognized as official European Passport, recognized as valid travel document in over 166 countries in the countries and maltese citizens can visit these countries with the visa requirements below.
Maltese nationals do NOT require a visa to enter the following countries, see notes below for those countries marked with an asterisk *
 Albania
Guatemala
Republic of South Korea
Andorra
Hong Kong
Honduras
Romania
Antigua & Barbuda
Hungary
Samoa
Argentina
Iceland
San Marino
Austria
Armenia
Ireland
Serbia
St Kitts and Nevis
Bahamas
Israel
Seychelles
Barbados
Italy
Singapore
Belgium
Jamaica
Belize
Japan
Slovak Republic
Bosnia
Herzegovina
Kiribati
Slovenia
Botswana
Kosovo
Solomon Islands
Brazil
Kyrgyz Republic*
 Latvia
South Africa
Brunei Darussalam *
Bulgaria
Liechtenstein
Spain
Cayman Islands
Canada
Lithuania
St Lucia
Chile
Luxembourg
St Vincent and the Grenadines
Colombia*
Macau
Malawi
Swaziland
Costa Rica
Malaysia
Sweden
Croatia
Maldives
Switzerland
Cyprus
Mauritius
Taiwan *
The Gambia
Czech Republic
Mexico
Tonga
Denmark
Mongolia*
Moldova
Trinidad and Tobago
Dominica
Monaco
Tunisia
Ecuador
Montenegro
Tuvalu
El Salvador
Morocco
Uganda
Estonia
Nauru
Ukraine
Federal Republic of Germany
Netherlands
Nicaragua
United Arab Emirates
United Kingdom
Fiji
Uruguay
Finland
Norway
Vatican City
France
New Zealand
Vanuatu
FYROM (Macedonia)
Oman *
Panama
Venezuela
Greece
Paraguay
United States *
Granada
Peru*
Zambia
Guyana
Philippines *
Poland
Zimbabwe
Georgia
Portugal*

Notes:
* USA

Traveling for tourism purposes in the USA does not require a visa for a maximum of 90 days on the following conditions:

For more information, please refer to https://foreignaffairs.gov.mt/

Disclaimer: The visa requirements are subjected to change from one country to another. The information above may be outdated, please always check with the Foreign ministry or consulate in your country before travel.

Restricted Countries

If you are a citizen of Iran, North Korea, Sudan, Afghanistan it is not possible to apply for this program.

Malta Citizenship - FAQs

These are frequently asked by clients applying for maltese citizenship under investment option.

Is the Malta Citizenship program still running?

Yes, currently it is possible to apply for Malta, but keep in mind that this program will be permanently closed once the 1800 applicant limit is reached.

Do i need to make investment again when renewing the passport?

No, it is one time investment, you can renew the passport easily after expiry just by paying EUR 200 fee. You dont need to make the investment again.

Will citizenship from Malta give me EU citizen rights?

Yes, once by becoming a citizen of Malta, you are also full EU citizen. This means you can also vote in Malta elections and you will have same rights as EU citizens. You can live, work, study in over 35 EU member such as Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland and the United Kingdom (UK). You can also visit Japan, Ireland, Hong Kong, Singapore, Canada, USA (prior ESTA registration required without applying for separate visa).

Do i need an address in Malta for the citizenship?

Yes, under the IIP rules, you will need a housing address in Malta (rent or own property).

Do i need to come to Malta?

Yes you will need to visit Malta to complete the procedure. It is not possible to qualify for citizenship in Malta, without setting foot in the soil.

Where is Malta?

Malta, an archipelago is made up of 3 islands (Malta, Gozo, Comino) in the central Mediterranean between Sicily and the North African coast, is a nation known for 9 UNESCO world heritage sites. Malta has been rated as BBB+ with stable outlook with. English is spoken widely and Euro is the national currency. Malta has a robust financial sector, best in the EU. Valetta is the capital.

What services do you offer in Malta?

 How long does the Individual Investor Programm (IIP) process take?

Why Malta program has high refusal rates?

Yes, Malta IIP has very strict due diligence procedures with high refusal rates. They will refuse your citizenship application (main applicant or dependents)

Can you assist us with finding real estate?

Yes, we have our inhouse real estate specialists who will help you to find the suitable real estate or immovable property.

 When is the Letter of Approval in Principle issued?

A Letter of Approval in Principle is issued within 120 days to applicants whose applications have gone through a thorough due diligence process and have been deemed to be acceptable in every respect.

Can let/sublet the immovable property?

No, under the IIP rules, you cannot let or sublet the immovable property.

What is the fee structure envisaged under the IIP?

The fees are available in the Schedule of Fees in the Legal Notice LN 47 (2014) and in the IIP brochure available in the home page.

When the NDF investment must be made?

The entire investment sum (NDF contribution) must be made only after receiving prior approval from the Government. You will get 4 months compliance time.

 

Is it possible to get a loan for property purpose?

It is difficult to get a mortgage on a property with Malta banks for foreign buyers, so the purchase may have to be made with cash or financed in your home country.

Are you an approved agent licensed by the Malta Government?

We work with several licensed law firms in Malta, approved by the Identity Malta to handle the citizenship program.

What are the current real estate prices in Malta?

Real estate is in high demand in Malta. The minimum property prices starts from €350,000 (to qualify for citizenship) but it goes as € 750,000 to €1,500,000 for a nice apartment.

How long will the Maltese citizenship be valid for?

Once all requirements are fulfilled and the Certificate of Naturalization has been issued, the Maltese citizenship granted would be considered as permanent.

What are the requirements to be eligible for the IIP?

Applicants will need to meet all relevant requirements as highlighted in the Legal Notice L.N.47 of 2014 (CAP. 188) Clause 2 (a) to (g). [http://www.justiceservices.gov.mt/DownloadDocument.aspx?app=lp&itemid=25921&l=1]

Can a person apply directly to Identity Malta Agency?

No, IIP applications can only be filed through the services of the Concessionaire or Accredited Agents duly appointed by Identity Malta. We work with many agents approved by Identity Malta.

Where is Malta passport recognised?

The Maltese passport is recognised for Visa-free travel to more than 160 countries in the world, including the right of establishment in all 28 European Union countries.

Can I hold dual citizenship if I have been Naturalised as a Maltese citizen?

Yes, you can hold more than one citizenship after having been naturalised as a Maltese citizen.  Malta recognises dual citizenship, however your current country or citizenship may have restrictions.

Do I need to know Maltese and do I need to take a citizenship test during the process?

The Maltese language is not a requirement for naturalisation and no citizenship tests will be carried out at this time.

Will children born to naturalised parents automatically become Maltese citizens?

The acquisition of citizenship occurs on the date of issue of the naturalisation certificate. Children born before this date will not automatically become Maltese citizens. Children born after this date will become Maltese citizens.

Will the citizenship granted under the IIP will be made public?

Yes, the names of all those persons who were granted citizenship under the IIP program, will published in the Gazette every 12 months.

Which nationalities are not eligible to participate in the IIP?

Currently the policy of the Maltese Government excludes from applying individuals who are nationals of the Islamic Republic of Afghanistan, the Islamic Republic of Iran and the Democratic People’s Republic of Korea (North Korea), or are non-nationals but reside, do business, have significant ties in, or connections to these countries.

Can the Maltese citizenship be revoked once it has been approved?

Yes, the Maltese citizenship granted under the IIP can be revoked should an applicant fail to comply with the requirements as highlighted in the Maltese Citizenship Act and Article 10 of the Legal Notice 47 of 2014.

Are the names of new Maltese citizens published anywhere and if so how are they published?

The names of all persons who will have acquired Maltese citizenship in any particular year are published in the Government Gazette only once in that year.

Can EU Citizens apply for the Individual Investor Programme?

Citizens of EU countries can apply for Maltese citizenship under the Individual Investor Programme.

Will i get my investment back should my application is not approved?

You start the application process with a small initial deposit. You only need to make investment after receiving approval letter from Identity Malta. 

When will a passport be issued and how is this issued?

Upon the receipt of the Certificate of Naturalisation you may request your passport by providing a complete application form for a European Union Malta passport. The Concessionaire or your Accredited Agent would be able to assist you with the passport application process.

What is an E-Residence Card and why is it necessary?

The first step in the IIP application process for Main Applicants is to apply for an E-Residency Card. This is a mandatory step. The card will entitle the applicant to establish residence status in Malta and to travel freely within the Schengen Area. Dependents can also apply for this card.

Does the Main Applicant have to give proof of residence prior to taking the oath of allegiance?

According to Legal Notice LN47/2014, the applicant must give proof of residence in Malta for a minimum of 12 months prior to taking the oath of allegiance.

Are the dependants of the Main Applicant required to give the same undertaking with regards to residence?

The residence requirement is for the Main Applicant only. In this regard reference can be made to article 7(12) of the regulations of the IIP.

Do applicants have to visit Malta to apply for an E-Residence Card?

Yes, Main Applicants and their dependents have to visit Malta to apply for their E-Residence Cards as they need to submit their biometric data.

Applicants aged 12 years and over have to submit biometric data in person. Applicants below 12 years can present a passport photo together with the relevant forms.

What proofs are needed to apply for an E-Residence card?

The Legal Notice stipulates that “the main applicant provides proof that he has been a resident of Malta for a period of at least 12 months preceding the day of the issuing of the certificate of naturalisation” Does this mean that Main Applicants have to live in Malta for 12 months before taking the Oath of Allegiance?

Main applicants are not expected to live in Malta for 12 months before taking the Oath of Allegiance. However, they are expected to present a proposal explaining how they intend to obtain a residence status in Malta.

Can a Residence Permit granted for the purposes of the IIP be withdrawn if the IIP application is rejected?

Residence Permits granted solely for the purposes of the IIP may be withdrawn if the IIP application is rejected.

What are the fees for the E-Residence Card?

Can documents be submitted in the jurisdiction’s native language?

The application forms and other accompanied documents shall be completed in English or, if the original language is not English, the document shall be accompanied by an authenticated translation.

Who can translate documentation for the IIP process?

A translation is to be done by either a professional translator whose primary role or business is professional translation. In all cases full details of the translator must be provided

What is a certified copy?

A certified copy means a photocopy of an original document certified by a duly licensed lawyer, Notary public, a Maltese consular or diplomatic officer or a senior officer of the concessionaire to be a true copy of the original.

If a person has lived in various countries, will he be obliged to get police conduct certificates from each country?

Where the applicant has resided for a cumulative period of 6 (even in intermittent periods) over the last 10 years in another jurisdiction, a police conduct from that jurisdiction would need to be provided. Police conduct certificates must be originals and not older than 6 months.

Free Consultation

If you are interested in obtaining more information about this program, please complete this short online application. One of our representatives will be in contact with you.

We offer clear written contract agreements clearly mentioning the applicable charges including the refund policy, in the unlikely event that the application is unsuccessful.

Disclaimer: This website is not affiliated to or endorsed by Government(s) or official sources. We assist clients for paid services with document preparation and filing, housing and real estate, tax advice, liaison and investments. More specific information about the programs are available with the Govt websites of respective countries. The information contained in this website is based on general purpose only and it does not meant to substitute qualified legal or professional advice given by a specialist knowing your particular situation. We do not accept for any loss or damages whether direct, incidental, indirect, special, or consequential, among others, relating access to this Website. No part of this site may be reproduced in any form or by any means, without our prior written permission. All other works are copyrighted works of our partners, which had been reproduced with prior permission .Terms & Conditions