Obtaining citizenship in Malta is a process that can open up various opportunities, from enjoying year-round sunny weather to benefiting from a stable and thriving economy. In this comprehensive guide, we’ll show you how to apply for citizenship in Malta.
Overview of the citizenship by investment program in Malta
Malta’s Citizenship by Investment program, officially known as the Malta Individual Citizenship by Investment Program (MIIP), is one of the most respected in the European Union. It allows investors and their families to obtain Maltese citizenship in exchange for a significant contribution to the country’s economy.
Benefits of having Maltese citizenship
Maltese citizenship has numerous benefits. Some of them include:
- Access to the European Union: Malta is a member state of the EU, which means that Maltese citizens have the right to live, work and study in any EU country.
- Visa-Exempt Travel: Maltese citizens can travel visa-free or with visa-on-arrival to more than 180 countries.
- Dual citizenship allowed: Malta allows dual citizenship, which means you can keep your original citizenship while enjoying the benefits of being Maltese.
- Favorable taxes: Malta has a favorable tax system and does not impose wealth or inheritance taxes.
Requirements to apply for citizenship in Malta
To apply for citizenship in Malta through MIIP, you will need to meet a number of requirements, including:
- Make a financial investment: Financial investment includes a contribution to Malta’s National Social and Development Fund, an investment in Maltese government bonds or shares, and the purchase or rental of property in Malta.
- Proof of residence : You will need to prove that you have resided in Malta for at least 12 months before applying for citizenship.
- Due Diligence Assessment: Malta carries out rigorous due diligence assessments to ensure that only people of good character are granted citizenship.
- Good Health: You are required to be in good health and have adequate health insurance.
Maltese citizenship application process
To apply for citizenship in Malta through MIIP, you will need to meet a number of requirements, including:
- Make a financial investment: Financial investment includes a contribution to Malta’s National Social and Development Fund, an investment in Maltese government bonds or shares, and the purchase or rental of property in Malta.
- Proof of residence : You will need to prove that you have resided in Malta for at least 12 months before applying for citizenship.
- Due Diligence Assessment: Malta carries out rigorous due diligence assessments to ensure that only people of good character are granted citizenship.
- Good Health: You are required to be in good health and have adequate health insurance.
Your path to Maltese citizenship with Orience
At Orience, we are here to make the Maltese citizenship application process easy for you. We provide you with a comprehensive service that covers everything from initial advice to application preparation and support throughout the process.
FAQs about citizenship in Malta
How long does it take to obtain Maltese citizenship through MIIP?
The entire process can take between 12 and 24 months, depending on your individual situation.
Can I include my family in my application?
Yes, you can include your spouse, dependent children, and parents on your application.
Do I need to give up my current citizenship if I get Maltese citizenship?
No, Malta allows dual citizenship, so you do not need to give up your current citizenship.
Will I have to pay taxes in Malta once I get citizenship?
Maltese citizens are only subject to tax on income that is generated in Malta or remitted to Malta.
Conclusion
Obtaining citizenship in Malta can open a multitude of doors for you, both personally and professionally. At Orience, we are proud to help you navigate this process and we are ready to help you take the next step towards your future in Malta.