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Malta Citizenship By Direct Investment

resident permit

Malta Citizenship By Direct Investment

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How To Get European Citizenship

Temporary Residence For School And Study Purposes

The re-engineered Program provides investors with two possible routes to Citizenship, the first one following a period of twelve months and another one after thirty six months. European citizenship gives you the right to live in any of the 27 European countries and Switzerland. Today Malta is a well-connected investment location boasting an advanced communications setup and a business environment which gives every incentive for companies to invest, grow, innovate and compete in a global marketplace. In addition, Malta’s status as an EU Member State, together with the adoption of the Euro on 1st January 2008, further enhances the country’s attractiveness as a center for international business in the Euro-Mediterranean region. This scheme officially known as Malta Residency Program launched 2021 by the Malta Government.

Applicants must provide a police certificate which may be submitted subsequently to the submission of the application but at all times prior to approval. A four-tier due diligence process is carried out directly by the Government that will assess applicants and will process and approve applications at various stages. This contribution and the investments below need only be made AFTERapproval of the applicants’ citizenship petition.

Investment Migration Faces A Stricter Regulatory Future: Thats A Good Thing

The European Commission is currently forecasting that the Maltese economy will expand by more than 3.5% in both 2021 and 2022, making it one of the top economies in the entire EU during this period. The economists and reporters of the “Global Wealth Migration Review” reported that Malta recently experienced the second largest wealth growth of any country, behind only India and tied with China. Every new high-net-worth individual and ultra-high-net-worth individual that becomes a citizen of Malta via the jurisdiction’s citizenship by investment rules will help grow the local economy.

malta citizenship

The program began in 2012 to attract foreign investors and business people to Portugal and promote the country’s economy. Since the program’s inception in May 2010, over 20,000 people have invested a total of over 5.2 billion euros. To apply for Malta citizenship by investment, you need to have a residency requirement of at least 12 months. Therefore, the applicants would better to begin the residency process immediately if they are not already resident in Malta.

Main Benefits Of Obtaining Citizenship In Malta Through The Citizenship

Malta has double taxation arrangements with around 60 countries around the world. Furthermore, no taxes will be levied if a resident sells his property after five years of ownership and use as his sole and ordinary residence. If it is sold before the three-year period has passed, a property tax of 12% of the sale price would be charged. Despite the fact that Malta has a 35% corporate tax, non-resident or non-domiciled business people or company owners are given special tax breaks.

The right to study, live and work in any of the 28 European Union countries. While we value comments that add to the conversation, we reserve the right to edit or delete anything that is abusive, threatening, libelous, spammy, or is otherwise inappropriate. Out of respect to those who engage our services, we don’t provide personalized advice or referrals unless you engage us. Her full-time job is to scour our global network to identify new banking, immigration, and lifestyle options for our clients. You’re going to need to actually move to Malta, and you’ll be paying more than ten times as much for a second passport when compared with the cheaper CBI programs.

Furthermore, the applicant must invest a minimum of €150,000 in government bonds or shares which must also be kept for a minimum of 5 years. The Maltese government also has a thorough due diligence process in place so as to maintain the highest reputation of the programme. Applicants must undergo a ‘Fit and Proper’ test which establishes that turkish citizenship the main applicant together with the dependants have a clean criminal record. This includes verification with the International Criminal Court, INTERPOL and other authorities. Imperial Citizenship is a leader advisory company focusing in the fastest investor programs to obtain residence and also citizenship in several nations worldwide.

Many people interested in European investor immigration research the subject online, determine they are a good fit for Malta immigration by investment, but then are unsure how to begin the process. Applying for Maltese citizenship by investment on your own is not possible. Under Malta’s “Citizenship by Naturalization for Exceptional Services by Direct Investment” requirements, a prospective applicant is obliged to use a concessionaire or Accredited Agent in order to get the application process started. This means the ONLY way to apply for by investment is through an Accredited Person, so contacting one of these exclusively certified individuals to learn more is the best way to initiate the procedure.

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