Malta Citizenship Program Brief
Malta Citizenship For Exceptional Services
By Direct Investment
Condition of Eligibility – Main Applicant
Every applicant should satisfy the following conditions and main eligibility criteria.
- Must be at least 18 years of age
- Must not be a beneficiary under any other Malta Residence Program
- Must be in receipt of stable and regular sources of income that are sufficient to maintain yourself and your dependents in Malta.
- Must be in possession of valid travel document.
- Must be in possession of a health insurance policy in respect of all risks normally covered for Maltese Nationals.
- Must be a “fit and proper” person – a thorough due diligence investigation will be carried out on the main applicant and dependents (if any), specifically looking at criminal background/charges, international sanctions, business/professional affairs, sources of wealth and health history.
- Must not be a potential threat to National Security, Public Policy or Public Health.
- Must not be involved or likely to be involved in any activity which may caused disrepute to Malta.
- The main applicant can apply for Maltese citizenship after 36 months of legal residency in Malta, which, by exception, may be reduced to 12 months.
- The Main Applicant must provide proof of residence and other connecting factors to Malta.
- A non-refundable exceptional direct investment of €600,000 or €750,000 (depending on the initial duration of the residence status).
- A donation of €10,000 to a locally registered NGO, as approved by the Agency.
- Payment of Due Diligence Fees, Residence Permit Fees, Residence Card Fees and other Administrative Fees as charged by the Agency or any other responsible authority in Malta.
- By acquiring immovable property in Malta with at least €700,000.
- By leasing immovable property in Malta with a minimum annual lease payment of €16,000.
Eligible Dependents
An eligible dependent would be a family member of a main applicant and shall include:
- The spouse of the main applicant.
- Minor children (younger than 18 years) of the main applicant and/or of the spouse.
- Adult children (younger than 29 years) of the main applicant and/or of the spouse, who must be married and must be financially dependent on the main applicant,
- Children under 18 years who are mentally or physically disabled and who must be supported by the main applicant.
- Parents and/or grandparents (older than 55 years) of the main applicant and/or of the spouse who must be financially dependent on the main applicant.
WhinChester Corporate & Immigration Services PowerHouse is a fully mandated Immigration Service Provider and is sufficiently named with potentially trained immigration specialists to handle your application. We also assist beneficiaries to comply with all necessary recurrent requirements including compliance and renewals. We have a dedicated team of experienced professionals who provides concierge services which includes property management, lifestyle management and personal assistance.
Our services
- Assistance with the successful completion of the application process
- Real Estate (including Property Management)
- Direct Tax Compliance Services
- Bank Account Opening
- Permit renewals and other general compliance services
- Concierge services (including lifestyle management and personal assistance
Malta Permanent Residence
Program
The Malta Permanent Residence Program (the “MPRP”) was introduced in Malta in March 2021 by means of legal notice 121 of 2021. The MPRP is designed to attract individuals interested in taking up residency in Malta. Moreover, the beneficiaries would also be entitled to enjoy visa-free travel across the Schengen Area (90 days out of 180). Up to four dependents can be applicants in one and the same application.
The expected processing time for Residency in Malta is between 4 – 6 months from the submission of the complete and correct application pack.
Condition & Eligibility – Main Applicant
- Must be at least 18 years of age
- Must be able to communicate in English
- Must possess assets having a value
- Must be a third country national (i.e. not Maltese and Non – EU/EEA/ Swiss National)
- Must not be a beneficiary under any other Malta Residence Program.
- Must hold qualifying immovable property for residence for a minimum period of 5 years and other residential immovable property thereafter.
- Must be in receipt of stable and regular sources of income that are sufficient to maintain himself and his Dependents in Malta.
- Must be in a possession of a valid travel document.
- Must be in possession of health insurance in respect of all risks normally covered for Maltese Nationals.
- Must possess assets having a value of not less than €500,000, out of which a minimum of €150,000 shall be in the form of financial assets for a period of 5 years.
- Must be a fit and proper person – a thorough due diligence investigation will be carried out on the applicant and dependents (if any) specifically looking at criminal background charges, international sanction, business/professional affairs, sources of wealth, profile and history.
- Must not be a potential threat to National Security, public policy or public health.
- Must not be involved or likely to be involved in any activity which may cause disrepute to Malta.
Eligible Dependents
An eligible dependent would be a family member of a main applicant and shall include:
- The spouse of the main applicant
- Minor children (younger than 18 years) of the main applicant and/or of the spouse.
- Adult children of the main applicant and /or of the spouse, who must not be married and must be financially dependent on the main applicant.
- Children under 18 years who are mentally or physically disabled, and who must be supported by the main applicant.
- Parents and/or Grandparents of the main applicant and/or of the Spouse, who must be financially dependent on the main applicant.
WhinChester Corporate & Immigration Services PowerHouse is a fully mandated Immigration Service Provider and is sufficiently named with potentially trained immigration specialists to handle your application. We also assist beneficiaries to comply with all necessary recurrent requirements including compliance and renewals. We have a dedicated team of experienced professionals who provides concierge services which includes property management, lifestyle management and personal assistance.
Administrative Fees And Contributors
- A non-refundable administrative fee of €40,000.
- Dependents on the title of the qualifying property pay a contribution of €28,000 (if buying property) or €58,000 if renting property).
- A contribution of €7,500 for each parent or grandparent of the main applicant or of the spouse.
WhinChester Corporate & Immigration Services PowerHouse is a fully mandated Immigration Service Provider and is sufficiently named with potentially trained immigration specialists to handle your application. We also assist beneficiaries to comply with all necessary recurrent requirements including compliance and renewals. We have a dedicated team of experienced professionals who provides concierge services which includes property management, lifestyle management and personal assistance.
Malta Global Residence Program [GRP]
The Global Residence Program (the “GRP”) was introduced in Malta by means of Legal Notice 167 of 2013. The GRP is designed to attract individuals to take up residence in Malta. The individuals need to be third country nationals and must satisfy certain requirements and conditions.
As a successful applicant you will obtain a special Malta tax residence status, pursuant to which a flat income tax rate of 15% would be applied for any income arising outside of Malta that would be remitted to Malta, subject to minimum annual Malta income tax of €15,000.
On the other hand, any income derived from inside Malta would be subject to a flat income tax rate of 35%. There is no minimum amount of foreign-sourced income that has to be remitted to Malta, as long as the minimum annual Malta income tax of €15,000 is paid.
Eligibility Criteria
Each applicant must fulfill the following:
- A donation of €2,000 to a locally registered NGO
- Must be able to communicate in English.
- Must be in receipt of stable and regular sources of income that are sufficient to maintain yourself and your Dependents in Malta.
- Must purchase a property of minimum value of €220,000 (if the property is in the South of Malta or in G020. €275,000 for properties in Central and Northern Malta; or must rent property with a minimum annual rent of at least €9,600 if the property is situated in central or northern Malta and €8,750 if the property is situated in G020 or southern Malta.
- Must be a “fit and proper” person – a thorough due diligence investigation will be carried out on the applicant and dependents (if any), background, business/professional affair, source of wealth and health history.
WhinChester Corporate & Immigration Services PowerHouse is fully mandated to handle your application. We will also assist to comply with all necessary recurrent requirements including compliance and renewals. We have a dedicated team of experienced professionals who provide personal assistance in every way to you.