The Ultimate Guide To Malta Citizenship By Investment
Investment #1: A Contribution To Maltas Government Fund
In the 13th century Marco Polo’s father became the first European to receive safe conduct from Kublai Khan, granting him safe passage and access to the entire Mongol Empire. Thanks to the fact that it possesses political stability as well as a highly educated English-speaking work force, Malta has been able to focus on higher value-added services in industries such as tourism, law firm istanbul gaming and financial services. In fact, the registered unemployment in Malta in 2016 was reported at 4.3% compared to the EU average of 10%. In addition to this, forecasts published by the European Commission in 2014 show Malta’s GDP as registering the highest growth rate since 2010 with growth being expected to accelerate slightly in both 2015 as well as 2016.
The entire process of processing applications for citizenship by investment programs is strictly confidential and guarantees complete security. And you can be sure that the information on your second passport will not go outside the country of which you became a citizen. That being said, it is worth checking if your real homeland allows dual citizenship because this is not always the case.
How To Get Maltese Citizenship In 2019
According to the new regulations, those foreign individuals and their families who can contribute to the economy of Malta and can meet the stringent tests are eligible for obtaining the citizenship by naturalization. The government of Malta targets only people of the highest standards to the by Direct Investment. Maltese Citizenship through descent is also applicable to those who have always been stateless and happen to be born in Malta. However, the applicant must be an ordinary resident for a period of five years at the time of the application submission.
Like all schemes the Golden Visa scheme grants the applicant easy access to the Schengen zone and is subject to a list of conditions. Our Solution Advisers support you in receiving passport & residence card in right time. IURIS offers services relating to applications for dual/multiple citizenships and freedom of movement. We also assist our clients in obtaining the required certificates and documentation. Any person who can prove that they have a Maltese born parent, who also was born in Malta, can apply to become a citizen of Malta. WhatPassport.com is a specialist UK Nationality and British Citizenship site offering an online search and assessment.
Naturalisation As A Maltese Citizen
Therefore, you might have to purchase the property via a loan from your country of residence or by paying for it with cash. If you are interested in applying for Malta residency by investment, you must contact an Accredited Person or Approved Agent of the immigration program. Dr. Anton Tabone is officially authorized to help foreign nationals attain a Malta investor visa under this program, and is available for private consultations. Malta’s new citizenship programme requires the investor to make an economic contribution to the country as well as meet certain other requirements as prescribed by the Government. Following this, and subject to thorough due diligence, background and application procedure checks, the applicants and their families are granted full EU citizenship and access to one of the world best passports. If your main purpose for acquiring residency is to live and work in Europe, without the need for a second passport, then the Maltese residence by investment program is a good alternative to the full citizenship program.
- Currently offers a very competitive and affordable programme compared to other European residency programmes.
- Under this option, you must invest at least €2 million into one or more qualifying REITs for at least three years.
- Several European countries offer residency permits to those who start a business.
- With the received certificate, our lawyers will help you to prepare an application to get the Maltese passport successfully.
- New Malta’s Global Residence Programme was signed into law and published in July 2013.
Before applying for a second citizenship, it is always advisable that you check with the relevant authorities and see if current laws allow you to hold multiple citizenships. If you come from a country such as India, China, Russia or Saudi Arabia it might be a great option for you and your family. law firm by investment program is definitely an interesting opportunity for many people. It gives you a very good EU passport that opens many doors, even doors to the USA and Canada. If you decide to leave the country with your new Maltese passport, you will not be taxed in Malta, because they have residency-based taxation. Therefore, you will not have any tax consequences if you don’t intend to reside in Malta.
Are Persons Naturalised As Maltese Citizens Entitled To Dual Citizenship?
Visiting Europe/UK for 6 months is still a long time, and i personally know many investors who want to spend more time at home , think six months is too much to travel. Many also don’t want to spend winters in EU/UK because of less daylight and extreme cold. I will talk a bit about cheapest citizenship for sale passports where you can buy through a designated investment within months. A sound investment in a strong economy with a booming property market and financial services hub. Easy access to all EU member states, including the freedom the work, live or study across the EU block and visa-free travel to more than 170 countries.
We’ll present you each option assuming the total cost, including government fees, for a family of four — with two children younger than 12 years old. But because you’re buying a real asset, you might be able to recoup at least some of the money if you decide to sell. After a certain period , countries usually allow investors to sell the property. If you qualify, you will be able to immigrate to one of these countries. And after living there for approximately five years, you can apply for citizenship. Also, if a large part of your income comes from investments, you should also consider citizenship by investment, as the FEIE does not apply to investment income.
It is a member of the European Union and of the eurozone, having formally adopted the euro on 1 January 2008. The economy is dependent on foreign trade, manufacturing , tourism and financial services. Malta is the 18th-most democratic country in the world according to the Economist Intelligence Unit’s Democracy Index. The first stage of the document collection can differ in length depending on the applicant’s ability to gather the documents. While Portugal has attracted a lot of attention for its generous tax benefits scheme, Malta is one of its closest competitors.