citizenship By Investment
Visa free travel to 168 countries, including the EU and Canada.
Gain the right to live, work and study in the EU
Relatively low property prices
Applications processed in 6 to 12 months
When you are acquire citizenship under the Malta citizenship program, you and your family receive full citizenship for life, which can be passed on to future generations by descent.
Malta, officially the Republic of Malta, is a small archipelago located in the middle of the Mediterranean Sea and consists of the sunny holiday islands Malta, Gozo, Comino and the uninhabited islands Filfla, Cominotto and St. Paul's Island. The country covers just over 316 sq.km (122 sq mi), with a population of around 450,000, making it one of the world's smallest and most densely populated countries. The capital of Malta is Valletta, which at 0.8 sq.km, is the smallest national capital in the European Union. Malta has two official languages: Maltese and English.
Malta is a popular tourist destination with its warm climate, numerous recreational areas, and architectural and historical monuments, including some of the oldest free-standing structures in the world. Malta - the smallest economy in the euro zone - produces only about 20% of its food needs, has limited fresh water supplies, and has few domestic energy sources. Malta's economy is dependent on foreign trade, manufacturing, and tourism, and was hurt by the global economic downturn, but fared better than most other EU member states. Malta has low unemployment relative to other European countries and growth has recovered since the 2009 recession.
Malta's tax system is beneficial for entrepreneurs, wealthy individuals and investors who are looking for a stable, safe and attractive business environment. Maltese citizens who are resident of Malta are subject to personal income taxes on their worldwide income (progressive rates from 0% to 35%). A very interesting and welcome legacy of Malta's British colonial past is the remittance-based tax system. As a foreigner, you can qualify for one of the special residence schemes and as a consequence, the remittance basis of taxation will apply. This means that foreigners resident in Malta are only taxable in Malta on two types of income: (1) Maltese sourced income and capital gains and (2) foreign sourced income but only to the extent that it's remitted to Malta. There's no inheritance tax, no gift tax and no wealth tax in Malta. There's only stamp duty to be paid on transfers of Maltese real estate (5%) and on transfers of certain shares in Maltese companies (2%).
In combination with a tax-efficient but legitimate structure, you can enable yourself to pay very little tax in Malta. Malta offers a number of residence schemes to foreigners wishing to relocate in order to combine a Mediterranean lifestyle, lots of sunshine and a tax-friendly environment in a location close to Europe, Africa and the Middle East.
Citizenship is granted to suitable individuals and families who hold resident status in Malta for a period of twelve months immediately preceding the day of issuing of the certificate of naturalization and who qualify under the very strict due diligence regime. All individuals and families applying to the Malta Individual Investor Programme must make a significant contribution to the National Development and Social Fund established by the Government. The minimum contribution levels that must be met in the initial phase of the program have been set as follows:
- Contribution to National Development and Social Fund of EUR 650,000 for the main applicant
- Contribution for spouse and minor children: EUR 25,000 each
- Contribution for dependent children 18 to 26 years or dependent parents above 55 years: EUR 50,000 each
Furthermore, Due Diligence fees apply, and these have been set at the following levels: For main applicant: EUR 7,500; for spouses, adult children and parents: EUR 5,000; for children between 13 and 18 years of age: EUR 3,000 each.
The applicant must commit to retain a residence in Malta for a period of at least 5 years, either through the purchase of a property, for which the minimum value must exceed EUR 350,000, or through leasing of a property, for which the minimum annual rent must exceed EUR 16,000.
In addition, an investment of EUR 150,000 in Government approved financial instruments, which must be maintained for a minimum period of 5 years is required.
When you acquire citizenship under the Malta Individual Investor Programme, you and your family enjoy full citizenship for life, which can be passed on to future generations by descent.
Settlement in a new country is a very exciting period where immigrants learn about the new environment and local culture. It can also be a difficult time dealing with changes and the stress of settlement. Our affiliate in Malta will work with each client and their family to identify their settlement goals, and help them use available resources to meet their settlement needs. Our affiliate may provide support for:
- Transportation on first day of client's arrival
- Getting settled in your community
- Find housing, see home and business purchase section below for further details
- Find a job, our affiliate assists individuals in resume building and provides access to employment services, skills training and foreign credential assessment
- Find childcare services and register your children in school
- Get information about government services, such as healthcare and social services
- Fill out forms and applications to access government programs and services
HOME AND BUSINESS PURCHASE
Our affiliate in Malta has access to a network of high quality real estate agents and agencies, which may provide support for our clients to find housing based on their settlement needs and budgets.
In addition, our affiliate assists in the acquisition of readily established businesses. This might include researching purchase options based on the client's background and work experience, presenting options to the client, negotiating with the vendor on behalf of the client, preparing a purchase and sale agreement with the help of qualified lawyers, and executing the transaction.