Individual investment program

The Citizenship by Investment Program was launched in December 2013 and perfected in February 2014. This Program  aims to attract ultra high net worth individuals who must a one time investment contribution in Malta.

Since its inception, the Malta Individual Investor Program (MIIP) has been recognised as one of the best of its kind. Fully recognised and accepted by the European Union, the MIIP allows individuals and their dependants to become citizens of Malta, and ultimately, the EU.  The beauty and safety of the Maltese Islands, coupled with its strong and growing economy, has rendered Malta a natural choice for people wanting to invest in such programs.

The large number of applications for the MIIP during the last year, is evidence of the MIIP’s success.

In order to be successful in their application:

  •  Applicants undergo a thorough ‘fit and proper’ test and must satisfy the necessary due diligence requirements.
  • A one time contribution will also have to be made towards Malta’s Social and Economic Fund, coupled with investments which belong to the applicant and which may redeemed after 5 years.
  • The Applicants must also be a resident of Malta for one year prior to obtaining citizenship

Following all of the above,  the applicant, as well as his/her dependents will obtain citizenship by naturalisation of Malta. A passport will be issued for both the Main Applicant and his or her beneficiaries, who will then be entitled to all rights attached to citizenship, including right of settlement, free movement, residency and right to work.

 The Contributions which have to be made are all the following:

  1.    Main Contribution
  • Main applicant contribution to National Development Fund: EUR650,000
  •  Contribution for spouse and minor children: EUR25,000 each.
  • Contribution for dependents (children aged 18 to 25 years, or dependent parents aged 55 and above): EUR50,000 each

2.     Purchase or lease of immovable property in Malta

  •  Applicants must acquire immovable property in Malta having a minimum value of Euro 350,000; or
  • Take on a lease of a residential immovable property in Malta for a minimum annual rent of Euro 16,000;

which shall be retained by the applicant for at least 5 years from the date of purchase or lease.

3.   Further investments

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

                       Other considerations

  • This program is currently capped at 1,800 applicants
  • There are prescriptive time limits within which the contributions must be made
  • The main applicant must reside in Malta for a period of12 months preceding the day of the issuing of the certificate of naturalisation (citizenship).
  • Statutory Application fees apply. These have been set as follows:

Main Applicant : Eur 7,500

Children Aged 13-18 years : Eur 3,000 (each)

Spouses, adult children and dependent parents : Eur 5,000 (Each)

  • 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.

Kindly contact us for more information about applying for this program and/or any assistance with acquiring immovable property in Malta.

 



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