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I Visa Services

+961 81 333539

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Malta RESIDENCE

Overview

The Maltese passport is currently ranked as the 9th strongest passport in the world with visa free travel to 168 countries, including the EU and Canada. Maltese citizens are citizens of the European Union and as such can live, work and study in any country within the European Union, European Economic Area and Switzerland.
You and your family will obtain European Citizenship without having to renounce your current nationality. To qualify for Citizenship, the main applicant will be required to provide proof of having been a resident of Malta for a period of 12 months preceding the issuing of a certificate of naturalization.
The Malta by Investment Programme or the Malta Individual Investor Programme (MIIP) as it is commonly known, by virtue of Legal Notice LN47/2014, allows for the granting of citizenship by a certificate of naturalization to individuals and their families who contribute to the economic and social development of Malta. Subject to a stringent vetting and diligence process, including thorough background checks, the applicants and their dependents are granted citizenship in exchange for such contribution.

Permanent Residency Timeline: 14-24 months

Citizenship Timeline:

Nationalities supported: Open to all nationalities: excluding 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.

investment type: Government Bonds + Real Estate + Stocks

investment cost: € 1,150,000

BENEFITS

Irrevocable second citizenship
European Citizenship and second passport within 2 years
Citizenship of a well-respected EU country
It is in the Schengen Area
No language requirements
Good quality of life
Stable political system and climate
Citizenship for life which can be passed onto future generations by descent
Dual Nationality is recognized in Malta so no obligation to relinquish your current nationality

Visa free travel to 168 countries
Lists include Schengen States, the United Kingdom and Canada
Reputable second passport easy to obtain visas when required

The Maltese Individual Investor Programme meets all legal requirements and is guaranteed by the Government of Malta
Malta has double taxation treaties with around 60 countries
Special tax concessions apply for non-resident / non-domiciled owners
All legislation is in English and Maltese
Most companies generally conduct business in English.
One of the leading financial service centres in the world.

Unrestricted right to live, work and study in Europe & Switzerland
Access to free education in the EU
Access to free healthcare in the EU
Right to own land in any EU Country
Spouse and children below 18 years of age obtain a second passport
Dependent children between the age of 18 – 26 years of age.
Dependent parents over the age of 55 years.

COSTS

The Individual Investor Program of the Republic of Malta (MIIP) requires making a contribution to the National Development and Social Fund of Malta, an investment into real estate and an investment into stocks or bonds. The following contributions and fees shall be required as a minimum to qualify for citizenship under the MIIP.

OPTION- Government Bonds + Real Estate + Stocks

(a) Main applicant: EUR 650,000 of which a non-refundable payment of EUR 10,000 shall be remitted as a non-refundable deposit prior to submission of the application; spouse: EUR 25,000 additional. For each and every child below 18 years of age: EUR 25,000 additional; For each and every unmarried child between 18 years of age and 26 years of age: EUR 50,000 additional; For each and every dependent parent above 55 years of age: EUR 50,000 additional
(b) Undertake investment EUR 150,000 in stocks, bonds, debentures, special purpose vehicles or other investment vehicles in Malta

TIMELINE

WEEK 1

Signing of IVS Retainer Agreement and first Payment of IVS Professional Fees. All Documents collected and file prepared for e-residence application in the first instance. Payment of Government Application Fees.

MONTH 1

Travel to Malta for first appointment at Identity Malta’s Office for document signing and to capture required biometric data and issue the e-residency card (around 5 working days). The e-residency card for the purpose of the MIIP is valid for 18 months. IVS will assist to acquire a property which meets your requirements. IVS compiles the complete file for submission of the full application.

MONTH 2

IVS submits the formal application to Identity Malta for the Maltese Government to carry out their due diligence. Payment of second Government Application Fees.

MONTH 6

If successful, an Approval in Principle letter will be issued by Identity Malta. (This takes approximately 4 months from submission of the formal application). On receipt of Approval in Principle letter, the final Contribution Request Voucher (CRV), requesting payment for the remaining fees will also be issued. The final Government Contribution payment must be made within 20 days.

MONTH 7

Final Government Contribution payment made to Identity Malta File Submission Payment of IVS Professional Fees are payable.

MONTH 10

Within 4 months from receipt of Approval in Principle letter mandatory documents must be provided.

GENERAL INFO

Visa requirements for Maltese citizens are administrative entry restrictions by the authorities of other states placed on citizens of Malta.

As of 10 July 2018, Maltese citizens had visa-free or visa on arrival access to 182 countries and territories, ranking the Maltese passport 7th in terms of travel freedom according to the Henley Passport Index

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