Personal consultation of one of our lawyers 2. Another key benefit of Maltese citizenship by investment is that it allows investors to obtain citizenship within a much shorter timeframe than other citizenship by investment programs in separate countries. The Malta citizenship by investment program is one of the leading economic citizenship programs in the world, and the country has one of the strongest economies in the region. NAME. The benefits of second citizenship by investment range from security, global mobility, education, and business. INVESTMENT FROM . Malta citizenship by investment allows applicants to enjoy all the benefits that come with having a European passport, and more. to collaborating entities/persons that are required for the provision of services to you or with your consent. health information obtained through medical certificates and the employer’s medical doctor. Official Website for Vanuatu Passport by Investment. buy / rent property worth €350,000 or renting at €16.000/yr for 5 years. These amendments provided the framework for the enactment of LN 47 of 2014. There are some additional fees required for the processing of the Malta citizenship by investment application. Malta is a full member of the EU, which means investors who acquire Maltese citizenship are entitled to live and work anywhere in Europe. Each year over 1,000 investors are granted citizenship in Malta through the program. Malta IIP offers full EU citizenship to foreign investors and their family members under its citizenship by investment programme. Malta’s citizenship by investment programme offers investors the potential to acquire full EU citizenship in just over one year in exchange for an economic contribution into the country. Citizenship by Investment Malta. Malta Citizenship by Investment may be granted under an amendment passed in November 2013 to the Maltese Citizenship Act, Chapter 188 of the Laws of Malta. Malta citizenship by investment is one of the most popular programs in Europe. This means that investors must establish residence 12 months before applying for the program, which entails purchasing or leasing an apartment. This investment must be maintained for at least five years in order for investors to maintain their Maltese citizenship. Buy the Cheapest CIP in Europe from GCI. Malta is a full EU member state since 2004. Officially known as the Malta Individual Investor Programme, the Malta citizenship by investment scheme was first introduced in 2014, aimed at attracting the investment of high net worth individuals of good moral standing. The decision came into force on Jan 1, 2019 and will apply until Dec 31, 2021 . 163 COUNTRIES. You cannot rent out your property in Malta during the 5-year minimum requirement, as it is considered to be in conflict with your intention to maintain residence in the country. The Island is speckled with a rich cultural lifestyle, temperate climate and fascinating history – all fused with an avante garde contemporary lifestyle - ensuring Malta tops the rankings of relocation destinations in Europe. There is a lot to consider when determining which European country is best suited to your citizenship needs. The Malta IIP is a leading investment citizenship program of its sort to be initiated by the European Commission, and the official body of the European Union has formally recognized the lawfulness of the program, making it ripe for success. All rights reserved. Malta citizenship by investment allows applicants to enjoy all the benefits that come with having a European passport, and more. will be used to comply with any legal or regulatory requirement including registering you with the relevant employment authorities and paying National Insurance contributions and taxes on your behalf. EU PASSPORT IN. will be accessible to our human resources department and management; you may make your contact details and other information available to the other employees. You can obtain Maltese citizenship in just one year. This information is processed in such a manner that it does not identify the user. If you acquire real estate for a minimum of USD 250,000 and do not sell it for 3 years, you can apply for citizenship. Malta's banks have been ranked amongst the top 5 soundest banks in the world. to assess your suitability for employment; to contact you on the progress of your application; and. This means that even in acquiring citizenship in Malta, investors should not have to pay tax in the country, particularly as most investors are not based in Malta. If the property has been listed as the resident’s sole residence during a period of at least three years, the sale is exempt from property tax. You are also required to submit a criminal record from the police in your country of origin. The main reasons for the refusal of Maltese citizenship are: It is possible to have your Maltese citizenship revoked if you do not comply with the requirements of the program. The Malta Citizenship Investment Programme will be restarted on new terms and conditions, taking into account the recommendations of the European Union. The Government of Malta every year publishes names of all foreign citizens who naturalized for citizenship in official Gazette. Malta Citizenship by Investment. From the total, the €150,000 financial investment and the real estate investment of €350,000 (or more) can be liquidated after five years. The acquisition of Malta Citizenship by Investment is now open to reputable individuals and families making an economic contribution to the European Island of Malta. bank details to process salary payments; and, answers to questions we make to you during assessments; and. It is also possible to acquire Malta citizenship by investment through a five-year rental contract, however, this route can be slightly more complicated to navigate. If the initial investment is sold before the five years are up, they can have their citizenship revoked and their European passport taken away. Malta has one of the highest GDPs in Europe and one of the lowest unemployment rates. Under the new rules, the investor first draws up a residence permit for the country. The renewed Maltese Citizenship Program offers a secure EU relocation route with a fast and straightforward residency acquisition for the entire family. Maltese citizenship grants access to all investment opportunities in Malta and throughout the European Union open to Maltese and European Union citizens. 14 MONTHS. Malta is a full member of the EU, which means investors who acquire Maltese citizenship are entitled to live and work anywhere in Europe. These amendments provided the framework for the enactment of LN 47 of 2014. How can Global Citizen Solutions help me? *** Malta Citizenship Program Update: The Maltese Citizenship by Naturalisation for Exceptional Services by Direct Investment program, Malta's new citizenship by investment program, was officially launched, and we are now accepting new applicants. Only 400 people will be admitted to the program each year and every new citizen will be monitored for suspicious or criminal activity for at least five years after acquiring citizenship. Such investment is to be retained for a period of 5 years following the granting of the residency certificate. Tax in Malta is calculated not by citizenship, but by the tax residence of the individual and the source of their income. You will also need a lawyer that is familiar with Malta citizenship and real estate law, though this can usually be found through your agent. Launched in 2014, the Malta Individual Investor Programme (MIIP) is one of the most modern and exclusive citizenship by investment programmes worldwide. The citizenship by investment process in Malta must be carried out by a government-approved agent. Citizenship by Investment Programmes. The Malta Citizenship by Investment boasts a short processing time of 4 months running concurrently with the residency period of 1 year. The Republic of Malta enjoys a stable political climate and a bi-partisan political scene that is largely convergent on issues of national and economic importance. The three- stage process to gaining Citizenship by investment in Malta is simple. 1 – Purchase qualifying real estate in Malta and register for residency. MALTA Citizenship by Investment. Information you submit to us is processed as per our Privacy Policy. Malta Citizenship By Investment 2020's new regulations include a cap of 400 applications per year. Malta Citizenship by Investment. In Malta, there are no inheritance, real property, net wealth and municipal taxes. Contact us now to make sure you are one of the first! for our internal purposes including the administration of the flow of such information, market research and data analytics, internal record keeping and/or to improve our products. Analysis of your particular situation with solutions 4. It allows high net worth individuals who make investments in the country to acquire citizenship in Malta. The Malta Government Gazette publishes the names of people who obtained citizenship every year, which is available to download as pdf in the below website for the years 2011 to 2016. In July 2018, the Government of Montenegro announced the launch of the program “Citizenship of Montenegro for Investments”. Citizenship-by-Naturalization Overview. Moving to Malta. The decision to take a second and dual citizenship is the first step towards becoming a Vanuatu Citizen. Malta is one of the most elite residency and citizenship-by-investment destinations. Malta Citizenship by Investment may be granted under an amendment passed in November 2013 to the Maltese Citizenship Act, Chapter 188 of the Laws of Malta. On our page you will find all the latest information from the requirements, costs, act up to the application process. The problem with Malta citizenship by investment is that you pay a lot of money with very little return. you have the right to file a complaint with supervisory authorities if your information has not been processed in compliance with GDPR. Confidential Consultation: Our team of professionals helps qualified individuals and families obtain second citizenship in Malta! All third party systems we use are GDPR compliant; we use industry standard tools in order to monitor and collect information on our website/s users’ needs and to optimize the use of our websites. Malta Citizenship by Investment may be granted under an amendment passed in November 2013 to the Maltese Citizenship Act Chapter 188 of the Laws of Malta. invest €150,000 in Malta Government Bonds for 5 years. This led to the adoption of L.N. This is one of the most popular and enduring programs that we consult on. Over the years, Malta has grown into a state-of-the-art financial centre and business hub. Investing in Maltese citizenship means you can obtain a European passport not just for yourself, but also for the rest of your family. holding a residence card for at least 12 months. MALTA Citizenship via investment. Malta and Cyprus both offer competitive citizenship by investment programs, albeit with key differences in the program requirements. It has proved its resilience and good fundamentals by weathering the financial crises with no banking casualties or depositor/investor losses due to Malta's culture of prudence and its sound regulatory system. This is due to an increasingly strict due diligence process for vetting prospective citizens. It’s also regarded as one of the safest countries in Europe. The Malta Individual Investor Programme or MIIP allows, as per the provisions of Legal Notice 47/2014, the granting of Malta citizenship by investment to individuals who contribute to the economic and social development of Malta. Malta’s tax system is based upon residency, not citizenship, meaning that you may not have to pay tax in Malta even if you obtain citizenship. he Republic of Malta enjoys a stable political climate and a bi-partisan political scene that is largely convergent on issues of national and economic importance. enter into, or perform, a contract with you; remember your preferences or specific interests; and. A specialist can help you with the following: It is possible to acquire Malta citizenship through a qualifying investment. The Citizenship is granted to affluent individuals with good standing on the basis of a contribution to and investment in Malta. provide you with the information you requested; comply with any legal or regulatory requirement including compliance with anti-money laundering rules; and. Malta has weathered the financial crises well and shared the limelight with Germany as the only two states maintaining economic growth in the Euro Zone. Investment in these securities may also be achieved through an investment in collective investment schemes that are licensed and are on the Official List of the Malta Stock Exchange. Our, Malta Citizenship by Investment 2020 – the Ultimate Guide by Experts. Foreign assets and income are charged at the source, so as long as the income is not sourced within Malta, it should not be liable to be taxed in the country. In recent years there has been an increasing number of refusals in applications for Maltese citizenship by investment. Malta Investor Visa Europe. There is no language requirement for Maltese citizenship. The original Malta IIP Individual Investor citizenship program has been discontinued after reaching its quota. There is no stay requirement for investors who choose to buy real estate in Malta. Under specific conditions, Maltese citizenship can be revoked if the real estate investment is sold or the investment is withdrawn before the mandatory five-year period is completed. Catalogue of investment properties 3. Malta. Malta citizenship-by-investment requirements. The requirements of Malta Citizenship by Investment are: The Malta Citizenship by Investment boasts a short processing time of 4 months running concurrently with the residency period of 1 year. The newly launched official website is https://komunita.gov.mt/ Citizenship for Exceptional Services by Direct Investment. It is also important that investors from Malta’s citizenship by investment scheme know that the state has: There are a number of different considerations to take into account before applying for Malta citizenship by investment, specifically that under certain conditions citizenship can be refused or revoked if the correct requirements are not met. Procitizenship would like to announce that Malta is Granting a renewed Citizenship for Exceptional Services by Direct Investment as of 20.11.2020 Regulations (S.L. 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