An overview of the Malta Citizenship by Investment Programme (Individual Investor Programme) and eligibility criteria for obtaining Malta Citizenship.
Legal Basis for Maltese Citizenship
Malta Citizenship by Investment may be granted under an amendment passed in November 2013 to the Maltese Citizenship Act, Chapter 188 of the Laws of Malta. These amendments provided the framework for the enactment of LN 47 of 2014. The “Malta Individual Investor Programme (MIIP) rules provide for affluent persons of impeccable standing and repute to be naturalised and to receive Maltese citizenship on the basis of a contribution to and investment in Malta.
Eligibility for Malta Citizenship
– A non-refundable Contribution of €650K to the Malta Social & Development Fund, with additional lower contributions for dependent family members ;
– An Investment in Approved Bonds or Securities amounting to €150K for a minimum of 5 years;
– The Purchase of Residential Property in Malta at a min. value of €350K or the Rental at €16K per year for a min. of 5 years, and
– Evidence of a Genuine Link with Malta including recognition as a Resident of Malta for at least one year.
The first Malta citizenship applications
Since the European Commission’s approval last February, Chetcuti Cauchi has handled the first applications for Citizenship by Investment in Malta after the firm’s approval to accredited status with Identity Malta Licence 001. Identity Malta has been very supportive in our first applications and have demonstrated the seriousness and professionalism that was promised by our Government in their dealings with us as Accredited Persons as well as our esteemed clients who ventured to be the first candidates for Malta Citizenship.
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