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Obtaining Malta citizenship means obtaining a European passport for life with excellent tax advantages for wealthy and reputable individuals.
If you are a person of good character and have sufficient funds to invest in Malta, you are entitled to obtain Maltese citizenship within 12 months with the possibility of adding your family.
Malta citizenship gives you the right to reside and work permanently throughout Europe, with visa-free entry to 185 countries, including Britain, Canada, America and all Schengen countries.
In 2020, Malta removed the regulations for the Maltese Individual Citizenship Program and amended this program to introduce it in a new form, which helps foreign investors obtain Maltese citizenship after direct investment.
Malta is a European country within the European Union, located near Italy, and its people speak the Maltese and English languages. Malta has a mix of coastal lifestyle, urban architecture and a rich history spanning 7,000 years.
Because of its location between Europe and Africa, Malta is considered a strategic corridor for goods, and this is one of the main reasons for the prosperity of Malta’s economy and the availability of investments and business.
The process of obtaining Malta citizenship takes place in three stages. The first is to reside in Malta for a period of 12 months or 36 months. After obtaining the residency card, you have the right to apply for the program with proof of the availability of the required investment amounts. After proving the requirements and successfully passing the security test, you will be invited to take the Maltese Oath and then obtain Maltese citizenship and passport.
The Malta Citizenship by Investment Program is different from the Malta Immigrant Investor Programme. The first offers citizenship by investment in Malta, unlike the second which offers permanent residency by investment. The Maltese Permanent Residency Program is most suitable for Middle Eastern and Gulf citizens who cannot obtain dual citizenship.
Many people hear from others around them or from the media and social networking sites that you can buy a passport by paying a certain amount for it, and this is completely not right. It is not possible to purchase a passport by paying a sum of money and you will receive the passport after a week.
Passports by investment, in general, are programs through which the investor obtains a passport after fulfilling several certain conditions. As for Malta citizenship in particular, it is a legitimate citizenship program and the first citizenship program in the world recognized by the European Commission, and you cannot obtain it if you do not prove that there are real ties between you and Malta through residence for a certain period.
Plus, the investor must go through the precautionary measures stage and then invest in the country. The nice thing is that you do not transfer investment funds to Malta until after completing the precautionary measures stage and full acceptance.
Likewise, the Golden Visa Program cannot be called to the Malta Citizenship by Investment program. The Golden Visa Program offers a European Residency Programme, which can be called to the Maltese Residency Programme.
Malta citizenship
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✓ Malta citizenship not only gives a better future to the investor but also to all his family members. You can add your family members with you to obtain Maltese citizenship and the possibility of transferring citizenship to all your children and grandchildren in the future. Your family will hold European citizenship regardless of whether they live in Malta or not.
✓ To obtain Maltese citizenship, you are not required to take a Maltese or English language exam, nor are you required to have work experience or undergo an interview. After obtaining citizenship, you are not required to reside in Malta at all.
✓ As a Maltese citizen, you are also an EU citizen and can seek protection or support from any European body if you need it.
✓ Maltese citizenship is the only citizenship program in the world through which you can enter America without a visa.
✓ There is no problem in maintaining your first citizenship alongside with the Maltese
✓ Access to free education and healthcare of the highest standards in the European Union.
✓ The Maltese passport is ranked tenth in the world, with the ability to enter 185 countries without a visa. Among the countries that can be entered without a visa are: Britain, Canada, America, South Korea, Japan, Switzerland, and all Schengen countries.
▶ Since Malta has agreements with many countries regarding double taxation, you have the opportunity to avoid double taxation even if you choose Malta as your place of residence.
▶ Malta does not impose taxes on deposits in Maltese banks, unlike neighboring Cyprus, for example, which imposed taxes even on foreign property of citizens in 2013.
▶ Malta does not impose taxes on capital, inheritance, gifts, wealth or trade outside Malta.
▶ There are special tax concessions for non-resident company owners.
▶ Non-residents must pay taxes on profits within Malta only.
1- The main applicant must be at least 18 years of age.
2- Files must either be in English or supported by a certified English translation.
3- The investor must not have Iranian, Afghan or North Korean citizenship and must not have relationships or bank accounts there.
4- The investor must not be a national of a third country, i.e., a country of the European Union or the European Free Trade Association.
5- Applicants must have a clean criminal record and must not have been refused a visa from one of the countries that a Maltese passport holder can enter without a visa. If so, they must reapply for the refused visa, and if it is obtained things will be fine.
✦ Investors must pass a good conduct test.
✦ All applicants must be in good health and free from serious illnesses so as not to pose a burden on the Maltese health system.
✦ Proof of connection to Malta by residing in Malta for at least 12 months.
✦ It is not possible to apply for this program in person, but through accredited offices.
✔ The spouse.
✔ Children under the age of 29 who are financially dependent on the applicant.
✔ Dependent parents or grandparents over the age of 55.
✔ Handing over the passport to future generations.
◈ Residency for one year.
◈ Pay a financial contribution of 750 thousand euros.
◈ Purchasing a residential property for no less than 700,000 euros, or renting a residential property for no less than 16,000 euros annually. With the possibility of reselling the property after 5 years and recovering all the amounts for which the property was purchased.
◈ A charitable donation of US$10,000 to an NGO.
◈ There is due diligence fees, administrative fees, and additional fees for added family members.
◈ Residency for 3 years.
◈ Pay a financial contribution of 600 thousand euros.
◈ Purchasing a residential property for no less than 700,000 euros, or renting a residential property for no less than 16,000 euros annually. With the possibility of reselling the property after 5 years and recovering all the amounts for which the property was purchased.
◈ A charitable donation of US$10,000 to an NGO.
◈ There is due diligence fees, administrative fees, and additional fees for added family members.
The total investment amounts used in the investment to obtain Maltese citizenship will not be less than one million euros. Therefore, if you do not have this amount, please look for another program. In your case, a second citizenship from Saint Lucia is an ideal option. Or if your goal is to obtain permanent residency in Europe, a Golden Visa for Spain or Greece is another suitable option for you.
Global Citizen Consultants is an accredited office in the Caribbean and Malta for obtaining second citizenship by investment. Browse the articles section to learn more about citizenship programs around the world.
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