Project Description

Malta Citizenship by Investment

Individual Investor Program (IIP)

Malta Citizenship By Investment program so called Individual Investor Program (IIP), was established under Legal Notice 47 of 20147. It enables non-Maltese citizens to apply for residence that leads to citizenship and offers citizenship in a EU Member State that is stable, neutral and highly respected, an efficient application process, and the world’s strictest due diligence standards and vetting of applicants, thus ensuring only highly respectable clients will be admitted. EU citizenship gives the right of establishment in all EU countries.

Citizenship is granted to good character individuals and families after pass the very strict due diligence check for who hold resident status in Malta for a period of twelve months immediately preceding the day of issuing of the certificate of naturalization and who qualify under the very strict due diligence regime. All individuals and families applying to the Malta Individual Investor Program must make a significant contribution to the National Development and Social Fund established by the Government of Malta.

Required Contribution for IIP Program

The minimum contribution to National Development and Social Fund in the initial phase of the program set as the following:

Applicant Contribution to National Development         and Social Fund Due Diligence fees
Main Applicant EUR 650,000 EUR 7,500
Spouse EUR 25,000 EUR 5,000
Minor children below 18 years old EUR 25,000  each EUR 3,000 age “13-18” none for who below 13 years
Dependent children aged 18 to 26 years old EUR 50,000  each EUR 5,000
Dependent Parents above 55 years old EUR 50,000  each EUR 5,000

Other Fees Payable To Identity Malta
Passport fee, per applicant, if not already paid – €500
Bank charges, per application – €500

Additional Conditions for IIP Program

The applicant must commit to retain a residence in Malta for a period of at least 5 years, either through the purchase of a property, for which the minimum value must exceed €350,000, or through leasing of a property, for which the minimum annual rent must exceed €16,000.

In addition, an investment of €150,000 in Government approved financial instruments, which must be maintained for a minimum period of 5 years is required.

Advantage

When you acquire citizenship under the Malta Individual Investor Program, you and your family enjoy full citizenship for life, which can be passed on to future generations by descent.

Required Documents
IIP application forms and due diligence documents must be completed and submitted together with a non-refundable professional fee including:

·       Economic self-sufficiency form
·       Passport Copy
·       Global health insurance with of €50,000 medical expense coverage per person.
·       Proof of financial means (bank statements etc.)
·       Electronic identity registration form
·       Application for naturalization
·       Medical report and questionnaire blood test results.
·       Statement of source of funds and wealth including details of annual income and estimated net worth.
·       Form of personal details, family information, education and employment.
·       Police certificate/certificate of conduct.

IIP Application Notes
The minimum IIP application-processing period is six months from the date of submission of the application in order that a Certificate of Naturalization may be issued. There is also a maximum IIP application period of 2 years from the original date of submission.

IIP applications must be accompanied by supporting identification and verification documents authenticated in English.

The names of persons granted Malta citizenship under the Individual Investor Program will be published on an annual basis, together with all the other names of persons granted Malta citizenship under other provisions of Maltese Citizenship legislation.

The government will examine all Individual Investor Program applications. Applicants may be requested to attend an interview, which will be conducted by government officials in Malta or at any Maltese Embassy or High Commission of Malta.

If an interview is required, applicants will be notified by Identity Malta after the submission of the application documents.

The police certificate/certificate of conduct is the only document, which may be handed in separately after the submission of the other documents.

For More details from Identity Malta: iip.gov.mt/