Malta is situated centrally in the Mediterranean Sea, it is the largest of a group of three islands (other smaller islands are called Gozo and Comino) known as the Maltese Islands.
The country has Mediterranean climate with hot and dry summers, cooler springs and autumns and mild winters. Malta enjoys a lot of sunshine with approximately 300 sunny days in a year.
Malta is a high-income country with sound financial foundations. The economy is highly industrialised and service-based, the country is considered to be one of the main service centres in the Mediterranean region.
Malta maintains political and economic stability, and the country is a full Member State of the EU.
Malta has a strong public healthcare system offering highly quality care and there are some private institutions as well with state-of-the-art services. Malta’s education system is very highly rated; there are several state, church and independent schools, as well as independent private schools.
Capital city: Valletta
Area: 316 km² (the three islands together)
Official languages: Maltese and English
Dominant religion: Roman Catholic
Time zone: GMT + 2
Malta offers residency and citizenship solutions for those who contribute to the economic development of Malta. Citizenship in Malta is very highly rated, as it grants you visa-free travel rights to more than 180 countries including the USA, Canada, and Europe.
Malta residency key benefits:
- visa-free travel across Europe’s Schengen Area
- 5 years permanent residence, can be renewed indefinitely
- only for the first 5 year is investment required
- no residence required and family members are included as well
Malta residency requirements:
- In order to be eligible for the programme the applicant must have EUR 500,000 in assets of which at least EUR 150,000 must be financial assets.
- There is an option to purchase or rent property:
- If the applicant decides to purchase and the purchased property is located in the South of Malta or Gozo, then (a) the property value would need to be of at least EUR 310,000 whilst if (b) the property is located in any other area of Malta, then the property value would need to be of at least EUR 350,000.
- If the applicant decides to rent and the rented property is located in the South of Malta or Gozo, then the annual rent value needs to be of at least EUR 10,000, whilst if the property is located in any other area of Malta, then the rent value needs to be of at least EUR 12,000.
- There is a non-refundable government contribution and the value of the contribution is directly depended on the previous requirement, whether the applicant rents or purchases an immovable property in Malta:
- (A) If the applicant purchases a property in accordance to point 1(a) above, then the contribution amounts to EUR 68,000;
- (B) If the applicant rents a property in accordance to point 1(b) above, then the contribution amounts to EUR 98,000
- EUR 2,000 donation to a Maltese registered non-government organisation
- min EUR 250,000 investment to be retained for 5 years
- the legal processing time is 6 to 8 months
Malta citizenship key benefits:
- visa-free (on arrival visa) travel to more than 180 countries including the USA, Canada, and Europe.
- no restrictions on dual citizenship in Malta
- reputable jurisdiction for business as well
- excellent geographic location
Malta citizenship requirements:
- Qualifying investments for the Maltese Citizenship programme range from €700,000 – €1,460,000.
- The investment value depends on the chosen contribution option, and whether the applicant decides to purchase a property at EUR 700,000 minimum or rent a residence for at least five years at EUR 18,000 per annum or higher (EUR 90,000 in total).
- Non-refundable Government fund contribution of EUR 600,000 where the investors will have to hold residency for three years before applying for citizenship, or EUR 750,000 , where the investor will have to hold residency for only one year before applying for citizenship.
- Additionally, a EUR 10,000 donation to a non-governmental organization approved by the Community Malta Agency, which can be divided between several registered charitable organisations