Steps To Become A Citizen of Malta

November 5, 2018
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Steps to become a citizen of Malta

In recent times, second citizenship options have rapidly gained popularity. Also referred to as Global Citizenship Programs”, were originally designed to attract only high-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (UHNWIs).

But with the growing economic and political instability globally along with travel restrictions, and various other reasons, more and more people from all corners of the world are evaluating their relocation/dual citizenship options. 

Whether single individuals or young married couples & families or retirees or middle-class professionals or investors or executives, all are willing to make the necessary financial contributions and investments to secure their and their families future.

This article has been written with the intent to make you understand the application process of becoming a citizen of Malta.

 Malta in a nutshell.

Discover

  1. Why Acquire Maltese Citizenship?
  2. Steps to Become a Citizen of Malta
  3. How much does Malta Citizenship Cost?
  4. Benefits of Becoming a Citizen of Malta
  5. Why Wahaat as your Relocation Services Advisor?

Why Acquire Maltese Citizenship?

The biggest question for anyone considering second citizenship is not whether or not a second passport is required but to which country the citizenship is acquired from.

So, with the ever-increasing number of countries offering second citizenship programs; Why consider Maltese nationality?

Different people might have different reasons as to why they want to take up an alternative or second citizenship.

Related:

Why should you consider a Second Citizenship leading to a Second Passport?

Living in Malta can be very idyllic in many ways. The archipelago located in the heart of the Mediterranean Sea is picturesque, and you’ll never be far from the beach. 

Malta enjoys culture, history and more than 300 days of sunshine. The weather seldom dips below 9°C or above 32°C, making it exceptional for those seeking to escape scorching summers or severe winters.

Additionally, as an EU Member State, Malta is recognised internationally as one of the safest and secure places in the world, with high economic and political stability.

The Maltese islands have an overall 0.57% chance of falling victim to a natural disaster and also has the lowest crime rates to be found anywhere.

 

Related: Reasons to Choose Malta as your Second Home

 

If we solely talk about Maltese citizenship by Investment, it offers both short-term & long-term benefits.

  • Freedom to travel to 182 countries including the USA, Canada and Australia;
  • Right to the settlement in all 28 EU and 4 EEA member states;
  • Citizenship in a well-respected, economically and politically stable EU country;
  • Citizenship status that is inherited by future generations; and
  • Right to own a second home in Malta.

The Malta citizenship by investment program is the only one that offers visa-free access to all six English-speaking countries, including the United States of America.

 

Our team of experts can assist you at every step in obtaining your Malta citizenship.

 

Malta citizenship through investment

Steps to Become a Citizen of Malta

Malta forms part of the borderless Schengen area as well as the European Union, so becoming a Maltese citizen, not only gives access to one country but to the entire European continent.

The process of applying for Maltese Citizenship is very strict; taking around 12 months to complete. 

The process to citizenship begins with the submission of an e-Residence Application and comes to an end with the issuance of a certification of naturalisation.

Related: Discover Malta

 

Step 1 - Eligibility Criteria and Documentation

Wahaat ensures eligibility of the applicant and takes care of the documentation and preparation of all the required documents.

 

Step 2: Residency Permit

An application for the residency permit is submitted to start the 12 - month residence in Malta requirement for citizenship. For the purpose of biometrics, the physical presence of the applicant is required.

 

Step 3: Application Submission

After the Malta Police Approval, Initial Background Checks followed by Compliance Approval and exhaustive Due Diligence Process, the application is submitted to the Malta Individual Investor Programme Agency (MIIPA) along with payments due. 

 

Step 4: Application Process

Subject to further investigative due diligence, MIIP confirms if the documentation submitted is formally in order, after a 120 days review period. Once the due diligence process is satisfied an approval letter is issued by MIIPA.

 

Step 5: Contribution Fees Settlement

A formal request is issued whereby the applicant is required to settle the contribution (fees mentioned below) within 20 working days. 

Step 6: Investment Requirements

Here the applicant has to provide evidence of health insurance, genuine links, qualifying property investment, and portfolio investment. Monetary requirements for the same are mentioned below under the investment requirement section. 

The professional team of experts at Wahaat can help you in gathering all that is required at this stage.

 

Step 7: Oath of Allegiance

After all the IIP obligations are fulfilled, the applicant and all the dependents will be invited to take an Oath of Allegiance in Malta.

 

Step 8: Certificate of Naturalisation and Maltese Passport Application

The Certificate of Naturalisation is issued by the Government of Malta issues and the processing of Maltese Passport Application reaches its final stages.

IIP Vertical VIETNAM EN

IIP Vertical VIETNAM ENG

So, all in all, it will be fair to say that the entire Malta citizenship process takes about 55 weeks to complete, post which, you are issued with the Malta Passport.

 

You might also be interested in knowing more about other Reasons to Choose Malta as your Second Home

 

Our dedicated team of experts can help you at every step of the way for obtaining your Maltese citizenship. 

 

Advantages of Malta Golden Visa & Malta Golden Passport

How much does Malta Citizenship Cost?

The Malta Individual Investor Programme (IIP) has a definitive fee structure.

Malta Citizenship Investment Requirements (Cost)
Contribution Fees
  • Main applicant: €650,000;
  • Spouse: €25,000;
  • For each and every child below 18 years of age: €25,000;
  • For each and every unmarried child between 18 years of age and 26 years of age: €50,000;
  • For each and every dependent parent above 55 years of age: €50,000.
Property Requirements (Qualifying Property)
  • Buy a property in Malta having a minimum value of €350,000 and retain it for a period of at least 5 years; OR
  • Lease property in Malta for a minimum annual rent of €16,000 and retain it for a period of at least 5 years.
Investment Requirements
  • Invest in Malta an amount of at least €150,000, in amongst other stocks, bonds, debentures, special purpose vehicles, or other investment vehicles as may be identified from time to time, and retain the investment for at least 5 years.

 

The entire amount is NOT required to be paid in one go.

 

To find out how much IIP will cost you,

CALCULATE NOW

 

Related: Buying a Property in the Special Designated Area in Malta.

Benefits of Becoming a Citizen of Malta

Maltese Citizenship by Investment has both immediate and long-term benefits.
 

Business

  • Establish your business in the European Union’s fastest-growing economy;
  • Freedom to unrestricted access to the European Union (EU), the world’s largest economic zone;
  • Benefit from the tax-efficient system for both personal and corporate;
  • Complete freedom of capital and income movements;

Family

  • Unwind in one of the safest countries in the world;
  • Access to leading health care institutions;
  • Protect your family legacy by passing on citizenship to future generations. Even if they are born outside of Malta they can attain citizenship by descent; and
  • Secure your children’s future through a world-class education system;

Others

  • Citizenship in a well-respected, economically and politically stable EU country;
  • Citizenship status that is inherited by future generations;
  • Freedom to travel to 182 countries including the USA, Canada and Australia;
  • Right to the settlement in all 28 EU and 4 EEA member states; and
  • Right to own a second home in Malta. Make the most from endless investment options in a stable and booming real estate market.
 

Have a query? Please free to reach out to us,

 

 

Written By
Yashica K. Pathak
Editorial Content Manager
 
Malta Golden Passport Requirements (MIIP Requirements)
 

Why Wahaat as your Relocation Services Advisor?

Wahaat is an advisory service firm that focuses on High-Net-Worth Individuals providing three distinct but related services:

Wahaat has a team of professionals and offices located in Malta and Dubai. 

Wahaat, through its affiliate, is proud to be the official concessionaire chosen by the Government of Malta to promote the Malta Residence and Visa Program throughout the Middle East.

Through Wahaat’s and our strategic partner’s presence in over 120 countries, represented by 565 offices, Wahaat has vast experience in the development and provision of holistic services that are tailor-made for each individual client.

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