Malta is a small country in the Mediterranean south of Italy. It offers a highly-regarded strategic location for investors. The country offers a great lifestyle, with the national languages being Maltese and English, making communication easy.
Malta is a modern, developed country with an advanced economy which benefits from its membership in the European Union.
Although a Malta passport isn’t directly available, you can obtain Malta citizenship through naturalisation by donating and investing in real estate. The naturalisation process must also include a philanthropic contribution to a Malta organisation approved by the Community Malta Agency.
The benefits of Malta citizenship are many and include:
- Access to the Schengen countries
- Favourable, tax-efficient environment
- High quality of life
- Quality healthcare and education systems
We’ll outline the steps to a Malta passport and citizenship.
Steps to a Malta Passport
The steps to Malta citizenship begin the application process for a Malta Golden Visa. The basic citizenship requirements include:
- An applicant must be 18 years of age
- Residency requirements: You must reside in Malta for 26 months and donate €600,000. If you reside for 12 months, the donation will be €750,000.
- Due Diligence: The applicant must pass a four-tier rigid due diligence process that ensures good character and a flawless reputation. Applicants must not have previously been denied entry to Malta.
- Investment Requirements:
- Contribution: The applicant must contribute a minimum of €600,000 for a 36-month residency or a €750,000 contribution for a 12-month residency.
- The resident must buy real estate worth at least €700,000 and retain the property for at least 5 years. You can also rent a property for a minimum annual cost of €16,000 per month for a period of 36 months. The property cannot be sublet during the rental period.
- A € 10,000 donation must be made to a registered cultural, scientific, sports, animal welfare, or philanthropic non-governmental organisation approved by the Community Malta Agency.
It takes approximately 2 to 3 months to process the residency application, and the residency card given when approved provides visa-free access to all Schengen countries. Once you’ve completed a further 36 months of residency and fulfilled the other requirements, a citizenship application can be submitted, and when approved, you’ll be issued a Malta passport. The Community Malta Agency also monitors new citizens for a period of 5 years.
Enlist the Guidance of Premier Consultancy
Premier Consultancy offers expert, tailored services that help guide you through the process of obtaining Malta residency and later citizenship by investment.
They have over 20 years of residency by investment (RBI) experience and can provide end-to-end support, from the initial consultation and explanation of the process to the application submission and final approval.
Once you’ve decided to obtain Malta citizenship for you and your family, Premier Consultancy can help you find the necessary investments in Malta to satisfy the requirements of the residency and citizenship applications. They work closely with the Community Malta Agency to ensure the success of your application. Contact them with any questions you may have about Malta citizenship.
