Country at a glance
A former British colony and popular tourist destination, Malta is a Mediterranean archipelago with a mild climate, well-developed infrastructure, English education system and stable political environment.
Official language(s): English, Maltese
Form of government: Parliamentary republic
Member of: European Union, Eurozone, Schengen, WTO
Independent since: 1964
Programs at a glance
The only such program officially endorsed by the European Commission, the MIIP is the crème de la crème of citizenship plans. Identity Malta, the MIIP’s governing body, applies a four-tier due diligence procedure to all applications to safeguard the repute of Maltese citizenship.
Inaugural year: 2014
Visa-free travel to: 173 countries and territories
Grants right of settlement in: Malta and 27 other European countries
Time to citizenship: 12-13 months
Investment type(s): Contribution and government bond purchase and real estate
Minimum investment (not including fees): EUR 890,000
Investment recoverability: The investment is partly recoverable
Application-related fees: Starting at EUR 8,200 for a single applicant
Residence requirements: Minimum of two weeks in first year
Maltese passport holders have visa-free travel to 169 countries and territories, including Schengen countries, UK, US, Australia and Canada as well as the right to work, study and settle permanently in all EU states. While applicants need not reside in Malta, those who do enjoy very favorable terms of taxation, a low cost of living and an overall high quality of life.
To qualify for the MIIP, applicants must make each of the following three investments:
Each candidate is subject to due diligence fees, which apply as follows:
Principal applicant – EUR7,500
Spouse – EUR5,000
Minor dependents (aged 13-17) – EUR3,000 each
Adult dependents – EUR5,000 each
Identity Malta also charges a EUR500 fee per issued passport.
Finally, a one-time bank charge of EUR200 applies.
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