The Republic of Malta has an excellent reputation for its pleasant climate, friendly environment, high quality of life, and low crime rate. Malta includes a chain of islands in the Mediterranean Sea. It is situated in Southern Europe. The economy is thriving and the political situation is stable as well.
The official languages of the country are English and Maltese. 66% of the present Maltese population can speak Italian too. Malta is a small country having a population of less than a million. It is the 4th most populated country in terms of density.
Malta recently offered the Malta citizenship by residency program. It is an excellent option for prospective investors to reside and work in the country legally. If you are aspiring entrepreneur or investor who wants to do business in Europe and gain a second citizenship, you can apply for Malta residency through DM. DM Consultants can provide you their professional expertise to apply for the Citizenship by Investment program and ensure a successful application process.
The previous Malta citizenship by investment was officially shut down after reaching the cap of 1,800 application. A new program was then launched in November 2020, so people could apply for Malta residency. This new program allows the applicants to obtain a safe and secure EU relocation route in a simple and quick manner.
The previous investor program for Malta, the Malta Citizenship by Investment Program has been permanently closed. The new program is called Malta citizenship by naturalization for exceptional services. This gets the applicant and their family Malta citizenship through acquiring a Certificate of Naturalization by contributing to the economic development of the country.
The amount required for investment is minimum and gets you eligibility to apply for the program. Furthermore, the applicants have to prove 12 to 36 months of residency in the country.
The new regulations state that the new Malta Citizenship by Naturalization program will provide citizenship to maximum 400 successful applicants every year. It will be closed after granting citizenship to 1500 applicants.
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There are three stages of the Malta citizenship by residency application has three stages:
In this stage, the applicant acquires a residency card within 1 to 3 weeks from the application submission. The applicant must hold Maltese Residence for a period of 12 months or 36 months. The investor has to spend the entire time in Malta through this time.
After acquiring the residency card, the agent has to submit an application for eligibility. After 120 to 150 days, a letter for approval for eligibility is issued, if an application documentation is in process.
The citizenship application is submitted after 12 or 36 months of residence in Malta (applicant’s choice), after successful eligibility assessment. An invitation is issued to take the Oath of Allegiance. After taking the oath, a Certificate of Naturalization is issued to the applicant. The applicant is then monitored by the agency to ensure that eligibility criteria is fulfilled for 5 years.
To qualify for the Malta residency by investment, the investment should be any amount ranging from €700,000 – €1,460,000.
Here is the breakdown of the Malta citizenship by residency investment options:
Contribute to the National Development and Social Fund. The Government regulates it and is run by a board of trustees. You can contribute to this fund to help finance projects such as education, public health, job creation, social improvement etc. If you are able to prove residency for 36 months the country, you have to contribute €600,000. If you prove residency for 12 months, you are required to contribute €750,000. This contribution to quality for Malta citizenship residency is non-refundable. For each additional dependent, an addition €50,000 has to be paid.
You have to make a donation of at least €10,000 in addition to the contribution to a non-registered non-governmental organization or society. It has to be charitable organization.
The third option is to purchase a real estate property in Malta with a minimum value of €700,000. Or the applicant can lease a property for at least a yearly rent of €16,000. Furthermore, one has to retain the rented or purchased property for a minimum period of 5 years from the date of acquiring certificate of citizenship.
The Community Malta Agency regulates the Malta Citizenship by Residency. It is a federal government agency, and the principal applicant has to satisfy the following eligibility criteria:
Here are the requirements to apply for Malta residency:
Since this program is designed to attract wealthy foreign investors of high standards, you will be subject to due diligence.
You are required to submit the following documents to apply for the Malta Residence and Citizenship program:
There are numerous benefits of acquiring Malta passport by investment as it is a European Union member and obtaining residency allows the citizens to travel freely throughout Europe.
Some other benefits of getting Malta citizenship are:
Malta has a lot of offer to its citizens. If you reside in UAE and wondering how to get a Malta citizenship, DM is here to assist you from the application to the residency acquisition. Malta is a great country to live in with its warm and welcoming environment and lucrative investment and business prospects.
Get a consultation with DM to apply for Malta citizenship by residency from UAE.
The Malta Citizenship by Naturalization for Exceptional Services by Direct Investment allows the applicants and their families to acquire Malta citizenship by making substantial economic contributions.
What are the investment options of Malta Citizenship by Naturalization?
The investment options include a purchase or lease of a residential property in Malta, financial contribution, or donation to an approved non-governmental organization in Malta.
One gets the right to live, work and study in any EU country, travel visa free to 186 countries and access quality education, healthcare, and high standard of living.
The applicants and all the adult dependents must live in Malta for at least 36 months or 12 month, in special cases to apply for citizenship.
The minimum investment is €600,000 with additional contribution of €50,000 for each family member.
The necessary documents for Malta Citizenship by Naturalization are a valid passport, clean criminal record, health insurance, proof of investment, and other necessary supporting documents.
Yes, the main applicant can add their spouse, dependent children, and dependent parents in their application.
The Maltese passport is the 8th most powerful passport in the world. It grants visa-free access to 186 countries. The passport strength is determined by observing the number of countries you can visit without a visa or visa on-arrival.
The Malta passport ranks 10th, when it comes to travel freedom. Maltese passport holders enjoy visa-free access to 186 countries, including in the Schengen and EU region, UK, South Korea, Canada, Hong Kong, Singapore, and Japan.
Yes, Malta allows dual citizenship to its citizens and the applicants can retain their existing citizenship.
Since Malta is member of the EU, the Maltese citizens automatically become European citizens. This means that the applicant can live, work, and study anywhere in Europe.