Maltese citizenship by investment

Maltese citizenship by investment, also known as the Malta Individual Investor Programme (MIIP), is a program that allows foreign individuals to acquire Maltese citizenship through a substantial financial contribution and meeting other criteria. The program was introduced by the Maltese government in 2014.

Key points about Maltese citizenship by investment

Investment Requirements. The program requires applicants to make several financial contributions, including:

• National Development and Social Fund Contribution. Applicants must make a non-refundable contribution to the National Development and Social Fund, which is used for national development projects, social purposes, and the promotion of Maltese culture and heritage.
• Real Estate Investment or Lease. Applicants are required to either purchase a property in Malta with a minimum value of €700,000 (€600,000 if located in Gozo or the south of Malta) or enter into a lease agreement with a minimum annual rent of €16,000 (€13,000 in Gozo or the south of Malta).
• Government Bonds or Stocks. Applicants must invest at least €150,000 in government-approved financial instruments, such as stocks, bonds, or debentures.
• Philanthropic Contribution. An additional philanthropic contribution of €10,000 is also required.

Eligibility Criteria

To be eligible for the program, applicants must meet certain criteria, including:

• Good Character. Applicants must have a clean criminal record and be of good standing and reputation.
• Residence Requirement. Applicants are required to establish a genuine link with Malta, including residing in the country for at least 12 months before acquiring citizenship. This can be accomplished through physical presence, renting or purchasing property, and economic ties.
• Financial Capability. Applicants must demonstrate that they have the financial means to make the required investments and support themselves and their dependents without relying on social assistance.

Application Process

The application process involves several stages, including submitting an application form, due diligence checks, and an interview. The process is overseen by the Malta Individual Investor Programme Agency (MIIPA), which assesses the applications and makes recommendations to the Maltese government.

Benefits of Maltese Citizenship

Obtaining Maltese citizenship through the investment program offers various benefits, including visa-free or visa-on-arrival travel to numerous countries, access to the European Union, the right to live and work in Malta and other EU member states, and the ability to pass on citizenship to future generations.