Second citizenship on Malta
|Financial contribution||650 000 EUR|
|Purchased real estate price||From 350 000 EUR|
|Minimum subsistence funds||150 000 EUR|
|State and due diligence state fees||8 750 EUR|
|Length of the process||~ 6 months|
|Visa-free travel||167 countries|
Malta offers three different ways for obtaining a second citizenship for those foreigners, who wish to relocate to the country and receive Maltese passport – a financial contribution to the Malta’s National Development and Social Fund, a real estate purchase or rental, government bonds purchase.
According to European Union (EU) statistics on international migration collected in 2015, the total number of immigrants relocating to Malta was 12 800.
If you are willing to know more about the program or apply now – contact us!
A foreigner is eligible to apply for a Maltese citizenship, if he or she has reached legal age of 18 years, has no criminal record, does not have been refused entry to any of the Schengen countries, has stable income, a good health, can make a particular type of contribution within 4 months after receiving a Malta IIP Letter of Approval in Principle and can meet all the investment requirements listed below.
In order to acquire a second citizenship of Malta on the grounds of making a financial contribution to the Malta’s National Development and Social Fund, the following requirements must be met:
- Main applicant shall invest – 650 000 EUR;
- Spouse – 25 000 EUR;
- Children – 25 000 EUR each;
- Children 18-26 (unmarried) – 50 000 EUR each;
- Dependent parents and grandparents (55 years old) – 50 000 EUR each;
- Adult children (wtill dependent) – 50 000 EUR each.
In order to acquire a second citizenship of Malta on the grounds of purchasing or renting a real estate, one of the following requirements must be met:
- a property on Malta, which is worth not less than 350 000 EUR should be purchased for at least a 5-year time period, or;
- leased for at least a 5-year time period with a minimal annual rent of 16 000 EUR.
The applicant must provide a documentary evidence of leasing or owning the real estate within 4 months after he receives a Malta Citizenship Letter of Approval in Principle.
In order to acquire a second citizenship of Malta on the grounds of purchasing government bonds, stocks or special purpose vehicles:
- at least 150 000 EUR worth, which should be identified by Identity Malta and commit to keeping the investment for at least 5-year period.
In order to apply the following documents must be presented. However, this list is not full, as the Immigration Office may request other documents as well on case-by-case basis:
- a copy of passport;
- several personal photos;
- a copy of driver’s license/ID (if applicable);
- copies of documents confirming relationship: birth or marriage certificates (if applicable for family members application);
- a definite sample form for a residence permit request;
- a police clearance certificate;
- a health certificate;
- a certificate from the Maltese State authorities, stating that the person is really the holder of the investment made;
- a travel/health insurance (prepared and submitted after a positive decision is issued).
State fees and costs
Below you will find an information regarding state fees and charges that have to be covered, in order to apply for a Maltese passport.
- Global health insurance coverage:
- For all applicants – at least 50 000 EUR.
- Due diligence application fees:
- Main applicant – 7 500 EUR
- Spouse – 5 000 EUR;
- Dependents (aged 0-12) – free of charge;
- Dependents (aged 13-17) – 3 000 EUR each;
- Adult dependents – 5 000 EUR each.
- Maltese passport application fees:
- All applicants – 500 EUR each.
- Bank commission fee:
- 200 EUR per each applicant.
- A total deposit:
- A total deposit of 10 000 EUR included (an initial deposit of 5 000 EUR for the main applicant and 1 000 EUR for each of his family members applied).
- Passport fee:
- 500 EUR per each applicant.
- Prescribed application fee:
- ~ 45 EUR per each applicant.
General time frames for obtaining Maltese citizenship are ~6 months. Since Confidus Solutions has no power over final decision-making procedure whatsoever, case hearing period may be extended by the Immigration Office on case-by-case basis.
Benefits of holding Maltese residence permit
- access to social benefit system: education system, healthcare etc.;
- a possibility to live in a strategically located country with excellent air links;
- double taxation relief: no inheritance or death taxes, no estate duty, no net worth or wealth taxes, no municipal taxes, rates or real estate taxes;
- reliability of investment due to high rating of Maltese bonds;
- government guaranteed return of the entire amount invested in 5 years;
- ability to travel to over 166 countries visa-free, including EU, USA, Canada;
- ability to work, reside and live in any of the 28 Schengen area countries;
- all rights of a EU citizen.
Contact us now, if you still have any questions!