- Eligibility Criteria
- Contribution Fees
- Passport Fees & Bank Charges
- Due Diligence Fees
The Malta Individual Investor Programme process would involve the main applicant and his/her dependents to go through a naturalisation process with a certificate of naturalisation being issued after a 12-month process. This procedure will, amongst others, grant the applicants and their dependants with:
– Citizenship in a well-respected, economically and politically stable EU country;
– Visa-free travel to more than 160 countries including the US;
– Right of establishment in all 28 EU countries and Switzerland; and
– Right to own a second-home in Malta.
Furthermore, Maltese citizenship will also offer the holders:
– Attractive taxation level, both for personal and corporate taxes;
– Tax planning benefits, in a jurisdiction where there is no inheritance or wealth transfer or death duties tax;
– Easy repatriation of capital and income out of Malta;
– Personal security and for the dependents, in case of instability in their native countries;
– Lucrative property investment in Malta; and
– Excellent education for children/students as well as good access to health care institutions, ranked 2nd best in Europe (independent survey, published by The Business Insider, 2015).
The Applicant Must:
– Be 18 years of age, or older. Eligibility may also extend to applicant’s dependents including spouses or partners in a relationship, children, parents and grandparents under certain terms;
– Propose to make a contribution as determined in the section entitled ‘Contribution Fees’;
– Provide proof that s/he has been a resident in Malta for at least 12 months preceding the day of the issuance of the certificate of naturalisation;
– Meet all the application requirements;
– Commit to provide proof of residence in Malta and proof of title to residential property in accordance to IIP regulations; and
– Commit to invest in stocks, bonds, debentures, special purpose vehicles, or to make other investments in accordance to the IIP regulations.
The government of Malta aims to attract only people of highest of standards through the IIP and accord them Maltese citizenship. Applicants will be subject to due diligence scrutiny and expected to:
– Have a clean criminal record;
– Not have been denied a visa to a country with which Malta has visa-free travel arrangements; and
– Not be deemed a potential national security risk, have a reputational risk or are subject to criminal proceedings.
|Spouse and each child below the age of 18||€25,000|
|Each dependant parent aged 55 or older and each unmarried child aged between 18 and 26||€50,000|
*These fees, the bulk of which are payable when the applicant receives a letter of approval in principle, represent a one-time payment and are non-refundable.
Passport fees and bank charges
|Passport||€500 per person|
|Bank charges||€200 per application|
Procedure and Timeframe
In case of approval and upon notification by a Letter of Approval, the applicant would be requested to provide the following within 4 months:
– Evidence of global health insurance policy and a declaration of capacity to retain such a policy indefinitely;
– Proof of either acquired immovable property in Malta (minimum €350,000) or of leased immovable property in Malta (minimum annual rent of €16,000); and
– Documents showing that the main applicant made such other investments in accordance with IIP regulations in Malta for a value of €150,000.
Due Diligence Fees (payable to authorities)*
|Spouse, adult children and parents||€5,000|
|Children aged between 13 and 18||€3,000|
*No due diligence fees are payable for children under 13 years of age.