The Citizenship by Investment Program is the most recent program launched in Malta which aims to attract ultra high net worth individuals, who must contribute a one time investment in Malta.
Once a contribution as indicated below is made and the necessary due diligence and requirements are satisfied, the applicant, as well as his/her dependents will become a citizenship by naturalisation of Malta, and hence the EU. A passport will be provided and such beneficiaries will be entitled with all rights attached to citizenship, including free movement, residency and right to work.
The Contributions which have to be made are all the following:
Purchase or lease of immovable property in Malta
which shall be retained by the applicant for at least 5 years from the date of purchase or lease;
Applicants shall undertake to make investments in Malta amounting to Euro 150,000 in stocks, bonds and other investments, identified by the Established Agency and has to retain such investments for a period of not less than 5 years.
4. Applications may only be submitted through authorized agents or the concessionaire
The application for this program will also be subject to a strict due diligence process and applicants, including his/her dependents will have to satisfy a ‘fit and proper’ test, which focuses on health and conduct.
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