Soaked amidst sky-blue waters, the beautiful island nation of Malta rests in the heart of the Mediterranean region. This historically blessed nation has become a popular, sought-after destination for those seeking a suitable and favourable land to call home.
One of the main reasons for the nation’s increased popularity is its Malta Citizenship Through Investment program, better known as Citizenship by Naturalization for Exceptional Services Program, which is the path towards obtaining Maltese citizenship.
This perfect combination of an ideal spot and a favourable investment culture makes the country one of the leading nations in the Mediterranean region for getting a second citizenship.
This article delves deeper into the various facets of Malta’s Citizenship by Naturalisation for Exceptional Services. We explore the investment options and amount, the eligibility criteria, tax advantages, the residency requirements and other components of the concept.
Malta Citizenship
Excited? Hop on with us in this detailed study to develop a thorough understanding of why choosing Malta as your new home through investment shall be a worthwhile decision.
- The Gateway to Europe
Malta’s Citizenship by Naturalisation for Exceptional Services extends the opportunity for Europe-interested individuals and families. This European Union member nation offers a host of privileges, including visa-free access to 180+ countries, exemplifying the nation’s blessed location and the freedom it extends to the nationals.
- Wealth of Benefits
The Naturalisation for Exceptional Services Program requires an investment to be made by the primary applicant to the nation. In return, investors gain access to political stability, a secure legal framework, significant taxation benefits, etc., making it an attractive choice.
- Cultural Enrichment
Leaving the economic benefits aside, the country’s rich cultural lineage, soaked in history dating back millennia, invites residents to immerse themselves in a great, vibrant community. From colourful festivals to charming villages, Malta offers an exceptional quality of life – from vibrant festivals to picturesque villages – you name it, Malta has it.
Eligibility & Requirements
Here are the 4 primary considerations you need to go through regarding Malta citizenship through investment, which is controlled and supervised by the Community Malta Agency:
- Legal Prerequisites
Applicants must have a no-criminal track record and be at least 18 years old. They also need to prove their financial standing and the source of their funds.
- Financial Obligation
To be eligible for the program, you are required to invest an amount equivalent to €750,000 in case of one year of residency or just €600,000 in case of three years of residency.
The exact amount may vary depending on factors such as the number of family members included in your application.
- Organisation Donation
As per the Community Malta Agency guidelines, an amount equivalent to €10,000 is required to be donated to an agency-approved organisation. Otherwise, a contribution to a registered philanthropic, cultural, animal welfare, sports, or non-governmental organisation or society is also permitted.
- State Residency
Another prerequisite regarding the state’s citizenship through an investment involves residing in Malta for a specific period, ensuring the resident’s contribution to the nation’s growth. The resided property’s worth should be at least €700,000 and must be held for a minimum of five years.
Alternatively, leasing a house with a rental value of €16,000/year is also permitted.
Meeting these eligibility requirements and fulfilling the necessary criteria is vital for you to embark on the journey towards becoming a Maltese national and relishing its countless benefits.
Collaboration with a professional in the arena of passports and citizenships is highly advised to avoid leaving any stone unturned during your journey of getting citizenship by investment in Malta.
Citizenship by Naturalization for Exceptional Services Program
For eligible individuals, Malta’s citizenship by investment program opens doors to 186 countries, including the US, and provides a prosperous business and real estate environment, making a significant contribution to the country. Here’s why it’s worth considering:
- Visa-Free Travel
One of the most compelling reasons to obtain Maltese citizenship by investment is its access to the European Union (EU). As a Maltese citizen, you’ll enjoy the benefits of EU membership, including the privilege to travel visa-free throughout the Schengen Area.
- Stability and Security
Renowned for its political stability and economic security, Malta has a solid and transparent legal system, making it an attractive destination for investors seeking security for their own assets.
From protecting your wealth and multiplying it to providing a secure future for your loved ones, the nation offers the stability you desire.
- Investment Options
The investment adaptability that Malta offers sets this nation apart as a premier destination for investor citizenship. From contributing to the National Fund to investing in government bonds or even real estate, you can choose the path which best fits your investment strategy.
- Cultural Richness
Being a Maltese citizen, you shall have the golden opportunity to immerse yourself in a prosperous tapestry of trends, customs, festivals, and historical sites. Dig deep into happening areas, attend lit festivals and embrace the Maltese people’s warmth as you experience this island nation’s cultural richness.
- Tax Benefits
The nation has a favourable tax regime. Being a Maltese citizen, you can enjoy the comforts of competitive tax rates on foreign income. The icing on the cake is that the country levies no wealth tax, which ultimately enhances your financial health.
- Global Business Opportunities
The nation offers unprecedented access to enticing business prospects at the crossroads of Europe, North Africa, and the Middle East. Being a Maltese habitant, you’ll enjoy direct access to a thriving international business scene, with options including finance, technology, and maritime services.
