By means of Legal Notice 437 of 2020, Malta introduced new Regulations for the granting of Maltese citizenship by direct investment. A prospective applicant shall generally apply for an eligibility assessment, which is carried out by Community Malta Agency on behalf of the Minister responsible. Its findings, following a rigorous due diligence check, among other things, are presented to the Minister for his/her review and decision on whether the prospective applicant may submit, through an Agent, a full application in terms of the Regulations.
In addition to the other requirements prescribed under the Regulations, the following must be met: –
Residence
for main applicant (& dependants aged 18 or over): –
a. proof of residence in Malta for a period of 36 months, or
b. by exception, and subject to a higher investment, proof of residence in Malta for a period of 12 months*
(fee of EUR 5,000 for the issue of a residence permit to the prospective applicant; EUR 1,000 for each dependant)
Property
a. purchase of a residential immovable property in Malta, the value of which is at least EUR 700,000, or
b. lease of a residential immovable property in Malta, with a rental value of at least EUR 16,000 p/a
(must be available to the applicant and the dependant/s (where applicable) for a min. period of 5 years from the date of issue of the certificate of citizenship)
Fees
1. donation: min. EUR 10,000 to a philanthropic organisation etc. approved by the Agency
2. direct investment: 36-month residence – EUR 600,000; less than 36-month residence, but more than 12 months – EUR 750,000* (of which EUR 10,000 is a non-refundable deposit)
3. each dependant: EUR 50,000
4. due diligence: applicant – EUR 15,000; each dependant – EUR 10,000
5. administrative fees: EUR 1,000 + EUR 500
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