Malta is the perfect country to refer to as a second home because it is located in the heart of the captivating Mediterranean sea. Apart from the natural beauty and favorable climate, the most recent initiatives enable people to succeed in the commercial sector.
Additionally, it has a stable political environment, a developing economy, and houses some of the strongest banks in the world.
Therefore, take a look at the Malta Citizenship by Investment Program 2021 if you’re a foreign investor looking to move to, invest in, or conduct business in Europe while obtaining a second citizenship.
Maltese Exceptional Investor Naturalization (MEIN)
You and your family are granted citizenship via a Certificate of Naturalization under the new Malta Citizenship by Naturalization for Exceptional Services programme. Additionally, in order to qualify for the programme, you must invest a certain amount. You must also demonstrate that you have lived in the nation for 12 or 36 months.
The rules state that this citizenship programme can only grant citizenship to a maximum of 400 qualified applicants per year. Additionally, it will be limited once citizenship has been granted to 1500 candidates.
Eligibility for Malta Citizenship by Investment
The primary applicant for Malta Citizenship by Investment must meet these requirements for eligibility:
- You must be at least 18 years old.
- A minimum investment of €600,000 if you’ve been a resident of Malta for 36 months, or €750,000 if you’ve been a resident for at least 12 months. Spend at least €700,000 for a home in Malta, then stay there for at least five years. An alternative to this is to rent a house for €16,000 per year.
- Donate €10,000 to any group that has received approval from the Community Malta Agency. A recognised sport, cultural, scientific, charitable, animal welfare, or non-governmental organisation or society is another recipient of donations.
- A valid resident card is required to apply for citizenship. You receive an e-ID card, a type of Malta identity document when you buy real estate.
- You and your family must be in good health.
Due diligence will be performed on you because this programme draws high-end, rich overseas investors.
Advantages
Malta Citizenship by Investment offers a variety of advantages in return for an investment that boosts the economy of the country.
Working or studying in EU nations
It gives you and your family permission to reside, work, or attend school anywhere in the EU. Like other Maltese citizens, your kids will have access to the country’s public schools and colleges. Students can attend free state schools as well. The University of Malta is free to all Maltese nationals and is publicly supported.
After obtaining citizenship, you have the opportunity to launch your business in Malta, one of the EU’s economies that are expanding quickly.
Visa-free access to 186 countries, including the United States
Every advantage offered by the European Union is available to Maltese citizens. Additionally, you and your family do not need a visa to enter the USA or Canada. Additionally, you can travel to the majority of the nations in North, Central, and South America as well as Asia, Africa and the Middle East. Furthurmore, you can cross into 26 countries that require a Schengen visa without being stopped. You won’t even need a passport or to go through customs.
A quality life for the family
Malta is a truly wonderful nation. Like the natives, your family will enjoy free speech, property rights, and pure air. Additionally, there are lots of tourist attractions because it is one of the most well-liked vacation spots in Europe.
It also boasts a contemporary infrastructure, which includes secure banking and internet services.
Access to the Maltese healthcare system
The WHO has this nation’s healthcare system as one of the top five in the world. Additionally, taxes and health insurance are used to pay for it. Hospitalization, medicines, pregnancy, childbirth, and specialty care are all covered by health insurance.
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