MALTA


MALTA RESIDENCY / CITIZENSHIP BY INVESTMENT

Security. Opportunity. Peace of mind.

European residency or citizenship for investors and their families. Live and work in the EU.

In an effort to support the country's economy, Malta, located south of Italy in the Mediterranean Sea, is offering residency or citizenship status to foreign investors. The Maltese passport is similar to the passports of Germany, France, or any other EU country; Malta passport holders may live, work or study in any country belonging to the European Union.

International business executives, investors, and important persons who are active worldwide consider an alternative citizenship and passport a powerful tool for international tax planning and a safety net should the living conditions at home become unbearable. The applicant and his family receive full citizenship and passports.

LIVE, WORK OR STUDY IN ANY OF THE EU COUNTRIES

The Malta Individual Investor Program provides for affluent persons of impeccable standing and repute, including their families, to receive Maltese citizenship on the basis of a contribution to and investment in Malta. Once citizenship is granted, the applicant may live, work or study in any of the member countries of the European Union.
Applicants are not required to continuously live in Malta before or after citizenship approval.

VISA FREE TRAVEL TO OVER 170 COUNTRIES, INCLUDING THE USA

Maltese citizenship (EU citizenship) offers full European Union benefits, including Schengen borderless travel and a United States visa waiver. This means visa-free travel to more than 160 countries in the world, including the USA, Canada, Middle East, Africa, Asia, and most countries in North, Central and South America.

A BETTER QUALITY OF LIFE FOR THE FAMILY

Malta is a safe country that enjoys a low cost of living index. Multiple cultures live side by side in peace and harmony. The country has long been a vacation spot for Europeans and high net worth individuals who flock to the island for its sunny and warm climate year-round. Malta offers a modern infrastructure ranging from reliable phone and internet service to secure banking to well-established air and sea routes connecting the island to the European mainland and international destinations.

A BETTER EDUCATION FOR THE APPLICANT'S CHILDREN

Because of the country's history as a former British colony the Maltese school system reflects the British structure. There are two school categories: state schools and private schools. State schools are free to all students (including free transportation and free books), while private schools such as international schools charge tuition fees.

Malta citizenship, i.e. the European passport, is available to qualified investors:

The Malta Individual Investor Program (IIP) requires a one-time investment of approximately EUR 880,000 plus legal fees. The citizenship application process can be completed in as little as 180 days.

Malta residency for Non-EU citizens provides EU travel benefits and the right (but not the obligation) to live in Malta year-round:

The Global Residency Program (GRP) requires a recurring minimum expense of approximately EUR 24,000 every year to avoid expiration. The processing time is approximately 90 days.

The Malta Residency and Visa Program (MRVP / "Golden Visa") requires a one-time investment and provides a permanent residency certificate which is valid for life.

The first MRVP investment option is a financing package at a one-time, non-recoverable expense of EUR 120,000 plus EUR 10,000 annual property lease for 5 years (a property purchase is also acceptable) plus legal fees.

The second MRVP investment option is a bond investment which can be sold after a 5 year holding period. The total cost for this option is EUR 250,000 for the bonds (refundable after 5 years) plus EUR 30,000 government contribution plus EUR 10,000 annual property lease for 5 years (a property purchase is also acceptable) plus legal fees.

Malta residency for EU nationals (including Switzerland, Liechtenstein, Norway, and Iceland) offers the right (but not the obligation) to live in Malta year-round:

The Ordinary Residence (OR) program requires the applicant demonstrates financial self-sufficiency, which is defined as having available funds of at least EUR 14,000 for a single person (EUR 23,000 for married couples). Further, the applicant must purchase or lease a property in Malta. There is no minimum property value requirement.

The Residence Program (TRP) requires applicants to declare they do not spend more than 183 days in any other jurisdiction outside of Malta. The tax rate on income brought into Malta is 15% (annual minimum tax: EUR 15,000). Further, the applicant must purchase or lease a property in Malta at certain minimum values.


Please contact us for a detailed cost estimate or confidential consultation. Our associated attorneys are ready to assist you with attaining your investment objectives and answer any questions you might have about the Malta Residency / Citizenship by Investment programs.



MALTA RESIDENCY / CITIZENSHIP BY INVESTMENT

Program Information

The government of Malta is offering Maltese citizenship (European citizenship) and passports to international investors who contribute to the country's economic development.

Maltese Citizenship by Investment may be granted under an amendment passed in November 2013 to the Maltese Citizenship Act, Chapter 188 of the Laws of Malta.

The Malta Individual Investor Program (IIP) provides for affluent persons of impeccable standing to receive Maltese residency or citizenship on the basis of an investment in Malta. EU citizenship grants the permission to live, work or study in any country of the European Union.

Qualified candidates include international business executives, investors, public figures / VIPs, and private citizens who meet the minimum application requirements.

Reasons for an alternative residency or citizenship range from seeking a better quality of life, to  arranging for international tax planning, to establishing a safety net should the living conditions at home become unbearable.

Application Requirements / Eligibility

To qualify for any of the immigration by investment programs the main applicant must be at least 18 years of age and have a clean criminal record. The main applicant may also add dependents to a residency or citizenship application, including his/her spouse, children, and parents or grandparents.

The following provides a summary of the investment requirements. Please use our contact form to obtain a complete checklist of application documents which depends on the number of family members to be included.

A) Malta (EU) Citizenship: Individual Investor Program (IIP). This program offers Maltese citizenship, the European passport, and all benefits of full EU citizenship. As a EU citizen you are allowed to live, work, study in any of the 26 European Union countries. EU citizenship also grants you access to all investment opportunities in Malta and throughout the EU member nations, as well as visa-free travel to more than 160 countries in the world, including the USA, Canada, the Middle East, Africa, Asia, and most countries in North, Central and South America.

- The only EU-approved Citizenship by Investment Program in Europe

- Residency in 3 - 4 months, citizenship in 12 months

- Family members can be included in the application

- High quality & free healthcare and education

- No minimum presence required

- Schengen Residence Card

- Visa free travel to 168 destinations (including USA, Canada, UK)

Main applicants are required to make a 650,000 Euro contribution to the National Development and Social Fund. The contribution for a spouse and minor children is 25,000 Euro each. The contribution for dependent parents over 55 years of age and dependent children between 18 - 26 years of age is 50,000 Euro.

In addition to the contribution, the main applicant must establish a residence in Malta through either (a) purchasing real estate valued at no less than 350,000 Euro or (b) renting a property at no less than 16,000 Euro per year, for a minimum of five years. If purchased, the real estate may be sold after a five year holding period.

Lastly, the main applicant also needs to make an investment of 150,000 Euro in Government approved financial instruments. These securities may also be liquidated after a five year holding period.

NOTE: No contribution or investments need to be paid to the Maltese government before the approval in principle is issued by the government. This ensures your investments will only become due if and when your application is approved! Our associated attorneys will advise you of the probability of success prior to submitting your application to protect you from filing an application (and making any investments) that might be rejected.

The timeframe for application processing and issuance of the passport can be short as six months if the applicant has already met the one-year residency requirement.

Please use our contact form to obtain a complete checklist of application documents which depends on the number of family members to be included.

B) Malta Residency (for Non-EU Citizens): The Malta Residency and Visa Program (MRVP), also known as the "Malta Golden Visa", leads to residency (meaning the permission to live in Malta as long as desired), visa-free travel to all European countries within the Schengen area, and the option to apply for a Malta work permit.

This program requires a one-time investment and does not need to be renewed each year. The processing time is about 90 days.

 - Permanent Residency in 3 - 4 months

- Certificate of Permanent Residency for life

- Family members are included

- No minimum presence required

- No worldwide tax, remittance basis only

- Option to apply for work permit

- Schengen Residence Card

- Visa-free travel within Schengen

The MRVP program offers two investment options. The first option is a financing package at a one-time, non-recoverable expense of EUR 130,000 plus EUR 10,000 annual property lease for 5 years (a property purchase is also acceptable) plus legal fees. The benefit of this option is a lower upfront cash payment.

The second option is a bond investment which can be sold after a 5 year holding period. The total cost for this option is EUR 250,000 for the bonds (refundable after 5 years) plus EUR 30,000 government contribution plus EUR 10,000 annual property lease for 5 years (a property purchase is also acceptable) plus legal fees. The benefit of this option is a much lower total cost because the investor may sell the bonds after 5 years.

Regardless of which MRVP investment option is chosen, the main applicant must declare that he/she has an annual income of at least EUR 100,000 arising outside of Malta, or that he/she owns assets (stocks, bonds, real estate, other) valued at no less than EUR 500,000.

C) Malta Residency (for Non-EU Citizens): The Global Residence Program (GRP), offers residency in Malta (meaning the permission to live in Malta as long as desired), visa-free travel to all European countries within the Schengen area, and the option to apply for a Malta work permit.

Residency status under the GRP program needs to be renewed annually to avoid expiration. This program is desirable especially for applicants who only require temporary EU residency status.

 - Permanent Residency in 3 - 4 months

- Family members can be included in the application

- No minimum presence required

- No worldwide tax, remittance basis only

- Option to apply for work permit

- Schengen Residence Card

- Visa-free travel within Schengen

The annual expense, a minimum tax, to renew residency is approximately EUR15,000. Further, the applicant is required to rent a residence (house or apartment) at an annual lease of no less than EUR8,750 (a property purchase is also acceptable). Thus, the total minimum expense to renew the GRP permit each year is approximately EUR24,000.

NOTE: Neither the MRVP nor the GRP residency program automatically lead to EU citizenship, nor do these programs result in receiving a European passport. However, residents may apply for Malta (EU) citizenship after six years. The application may be approved or rejected entirely at the discretion of the minister and the department in charge. There are no guarantees that approval will be granted.

D) Malta Residency (for EU Citizens): The Ordinary Residence (OR) program requires the applicant demonstrates financial self-sufficiency, which is defined as having available funds of at least EUR 14,000 for a single person (EUR 23,000 for married couples). Further, the applicant must purchase or lease a property in Malta. There is no minimum property value requirement. Benefits include the freedom to reside and work in Malta, visa-free Schengen travel, and fast processing (6-8 weeks). Family members can be included.

E) Malta Residency (for EU Citizens): The Residence Program (TRP) requires applicants to declare they do not spend more than 183 days in any other jurisdiction outside of Malta. The tax rate on income brought into Malta is 15% (annual minimum tax: EUR 15,000). Further, the applicant must purchase or lease a property in Malta with a minimum property value of EUR 275,000 for property in Central/North Malta (or EUR 220,000 for property in Gozo or South Malta). Candidates may alternatively opt for rental of property at EUR 9,600 (or EUR 8,750 per year in Gozo/South Malta). Benefits include the freedom to reside and work in Malta, visa-free Schengen travel, fast processing (3 - 4 months), and a 15% flat rate tax on income remitted to Malta. Family members and domestic staff can be included.


Please contact us for a detailed cost estimate or confidential consultation. Our associated attorneys are ready to assist you with attaining your investment objectives and answer any questions you might have about the 
Malta Residency / Citizenship by Investment programs.


Malta Immigration by Investment Benefits

Reasons for an alternative residency or citizenship include providing a better quality of life for the investor and his/her family, arranging for international tax planning, and establishing a safety net should the living conditions at home become unbearable.

Free Movement of Persons

The whole family can obtain Malta Citizenship i.e. the main applicant, his/her spouse, children and parents, and they can all travel, reside and work freely within the EU.

Free Movement of Services

Individual citizens and their companies can offer services within EU member states without obstacles. 

Free Movement of Capital

Maltese passport holders can transfer funds between EU member states, purchase property in any preferred EU country, and invest in any type of business venture.

Free Movement of Goods

All goods produced in EU member states can be freely transferred between countries of the European Union.

No Requirement to Physically Reside in Malta

The applicant and his/her dependents are not required to reside in Malta before the filing of an application, or after obtaining Maltese Citizenship.

Attractive Tax System

Malta is an attractive financial center due to its highly favorable tax system and strategic location at the crossroads of three continents - Europe, Africa and Asia.

High Standard of Living

Malta presents a high standard of living due to its access to reputable private schools, trustworthy private medical facilities and having among the lowest crime rates within Europe. In Malta, multiple cultures live side by side in peace and harmony.

Visa Free Travel

Maltese passport holders do not require a visa to travel within the EU and also to travel to many non-EU countries.

Malta's Standing in the European Union

Malta is a safe, neutral and respected member of the European Union since 2004 and part of the Schengen Area since 2007. The country enjoys a stable political climate and a bi-partisan political scene that is largely convergent on issues of national and economic importance. Malta has weathered the financial crises well and shared the limelight with Germany as the only two states maintaining economic growth in the Euro Zone. Malta's banks have been ranked amongst the top 5 soundest banks in the world.

The Island offers a rich, contemporary cultural lifestyle, temperate climate and fascinating history. Malta is also a state of the art financial and business hub due to its competitive tax system and offers significant advantages to foreign entrepreneurs, high net worth individuals and investors seeking an attractive yet safe business environment.

For the last two decades Malta has enjoyed solid and constant growth in its financial services industry and is fast becoming the jurisdiction of choice to international corporate groups seeking an ideal hub from which to do business within the EU, Middle East and North African markets.

Please use our contact form to obtain a detailed cost estimate. 

Our Qualifications

Our associated attorneys are IIP accredited Authorized Registered Mandatories (ARM), a designation required by the Maltese Government to manage IIP applications.

Our team consists of immigration specialists working exclusively on Citizenship & Residence matters and will stand by your side throughout the entire application process, from start to finish. We will work with you until your residence or citizenship by investment application has been approved and you have received your residence certificate or Malta (EU) passport.

In addition to immigration law our associates are providing advisory services to clients including high net worth individuals, owner-managed businesses, and larger corporations in the areas of company formation and tax law.

Services offered:

- advising you on your chances of success before filing your application;

- providing you with pre-immigration legal and tax advice;

- guiding you with the preparation of supporting documentation;

- vetting and preparing all supporting documentation for submission;

- corresponding and liaising with government authorities on your behalf during the application process;

- providing continuous application progress updates.

Additional services (if needed):

- handling applications for work permits, uniform residence permits, HNWI and GRP residence permits;

- legal and notarial representation on purchase, rental and re-sale of property in Malta including applications for AIP permits and reviews of your contract

- coordination of architectural surveys & planning applications, referral to leading interior designers & turnkey providers for property conversions;

- personal and corporate international tax planning;

- dealing with all periodical tax matters including annual returns and tax payments;

- drawing up of wills, international probate;

- administration of estates, foundations, trusts;

- advice on the formation & management of trading & holding companies in Malta;

- yacht registration under the Malta flag & VAT planning.

Next Steps:

Step #1: Contact Us. Please use our contact form to receive a detailed cost estimate for you and your family. If you apply for more than one family ask us about a group discount. There is no fee for this initial consultation.

Step #2: Document Preparation. Should you wish to proceed with an application, the immigration attorney assigned to your case will prepare your application file and collect all supporting documents. The completed application is then submitted to the Maltese government, and you receive your Residency Card. This step can be as fast as 1 - 3 weeks.

Step #3: Application Processing. The Maltese government now reviews the application and conducts background checks. This step can take up to four months to complete.

Step #4: Compliance Period. The applicant now has up to four months to submit proof of health insurance, rent or purchase property, submit the contribution and fulfill the securities investment requirement.

After the applicant swears an Oath of Allegiance and completes his/her residency the Maltese government will issue the Certificate of Naturalization. The applicant can now receive the Maltese (EU) passport. If the applicant has already been a resident prior to filing an application he/she can obtain the Maltese passport as early as six months. This makes the Malta IIP program one of the fastest options for international investors looking to obtain EU citizenship.


Please contact us for a detailed cost estimate or confidential consultation. Our associated attorneys are ready to assist you with attaining your investment objectives and answer any questions you might have about the Malta Residency / Citizenship by Investment programs.


CHECK ONE OF OUR BEAUTIFUL DESTINATIONS

CONTACT FORM