Citizenship of Malta
The most safest and respected investment citizenship program in the world. A Maltese passport not only provides the advantages of EU citizenship, but also makes the holder a citizen of the British Commonwealth of Nations.
Malta is an archipelago located in the central Mediterranean Sea and composed of three major islands: Malta, Gozo, and Comino. Maltese architecture reflects the many cultures that, throughout history, called the country home, with buildings drawing inspiration from differing styles ranging from Italian and French Baroque, to the British Neogothic and Victorian styles.
Valletta is the capital of Malta and is often frequented as a political space for European meetings and conferences. It hosted, for example, the 2015 Valletta
Summit on Migration, where European and African heads of government met to discuss the European migrant crisis. The city is recognised as a UNESCO World Heritage Site for its concentration of historical sites, particularly dating to the period in which Malta was governed by the Order of St John – also known as the Knights Hospitaller.
Malta has been a member of the EU since 2004, a Schengen country since 2007, and is a Commonwealth country. This ideal combination of political and economic stability puts Malta in line with the leading European countries. The economic growth in 2015 was 5.1%, and the credit rating of the country was A with a positive outlook. The main currency is the Euro.
The Malta Individual Investor Programme (MIIP) requires an Applicant to make a significant economic commitment to Malta. In exchange and subject to a stringent vetting and due diligence procedures, including thorough background checks, the applicants and their family are granted citizenship to Malta.
What a Maltese Passport Provides You:
Freedom of movement practically through the whole world for you and your family
With a Maltese passport you can move freely throughout all EU countries, and can visit the USA, Canada, Australia, and a total of 168 countries visa-free.
With a Maltese passport you have the right to freely live in any country within the EU for an unlimited amount of time.
Second home in Europe
Citizens of Malta who live in Malta less than 183 days a year, and make profit outside of Malta, are free from any tax obligations in relation to the Maltese government.
No taxation on private wealth made outside of Malta
Receive the full set of rights granted to EU citizens, together with economic and political stability, and social guarantees.
Calm and confident future
Who can participate in this program
Advantages of the Maltese Citizenship Program:
Receive lifelong citizenship immediately for all members of the family, including parents and grandparents
Accelerated citizenship program
No requirement to live in Malta
Low registration cost
Conditions of participation in the MIIP Program:
In order to have the right to citizenship, the main Applicant must be 18 years old and must fit the Application requirements (which are set out later)
SPOUSE & CHILDREN UP TO 26 YEARS OF AGE
DEPENDENTS OF THE AGE OF 55 YEARS & ABOVE
(Parents, grandparents), provided that they reside with the Applicant and are financially dependent on the Applicant
Donate € 650,000 to the National Development and Social Fund (NDSF)
Invest in stocks, bonds or other special purpose vehicles to be identified by Identity Malta, at a minimum value of € 150,000
Acquire a real estate with a minimum value of € 350,000, to be held for at least 5 years
Lease a residential real estate, in Malta, for a period of 5 years, at an annual rent of at least € 16,000
Obtain Global health insurance coverage of at least € 50,000, for all named applicants
The Application Process
You shall submit all relevant details in the Application form provided by us
Our partner agency will conduct the first background verification
Should there be no background issues; Novalife will raise an invoice for € 20,000 as a non-refundable retainer
On settlement of the Invoice, Novalife will have the main Applicant or his representative complete a set of official application forms and the Client Agreement
Once all documentation has been completed successfully, Novalife will invoice the client for:
Balance of Professional fees
Government due diligence fees
The € 20,000 non-refundable contribution, which counts as a partial payment towards to the NDSF contribution (required upon issuance of the Letter of Approval in Principle)
Bank Charges of 200 euro per application
Upon receipt of these funds, Novalife submits the complete application to the government agency responsible for approving applications under the program and arrange for the due diligence fees to be sent to them upon their request
The Government agency shall provide a decision on the application and if favorable, issue the Letter of Approval in Principle to us. The government agency shall provide a response for approval, refusal or request for interview within 120 days of the receipt of the application
Within 7 working days of the issuance of the Letter of Approval in Principle, Novalife will issue a notice to the client asking for the balance of the commitment which must be paid within 25 days of the receipt of the Letter of Approval in Principle
IMPORTANT: Upon transfer of the balance of the contribution, the entire amount of the contribution becomes non-refundable. In the event that the applicant decides not to proceed with the application for Maltese citizenship for any reason, then, according to the laws and regulations governing the MIIP, they forfeit the right to reimbursement towards the contribution
Within 4 months of the Letter of Approval in Principle, proof must be submitted to the concerned government body that the applicant completed the real estate purchase or fulfilled the lease, as well as completed the requisite €150,000 investment required by law. We will assist you with this process.
Once the Letter of Approval in Principle has been issued, Malta Immigration will be able to grant the Applicant and family members a National Visa for a period 90 days, allowing them to visit Malta in order to take the Oath of Allegiance, complete any property viewings and/or purchases and provide their biometric data (fingerprints and iris scan)
Within 2 years but not earlier than 6 months from the date of the application, provided that all conditions have been met, a Certificate of Naturalization will be issued. This will only become available to the applicant once the Oath of Allegiance has been taken at Identity Malta’s office in Valletta, Malta
The Certificate of Naturalization shall be required to complete the passport application
All applicants over the age of 12 must collect their passports in person in Malta
Fees and Program Cost:
Principal applicant: € 650,000
Spouse: € 25,000
Each Dependent child 0-17 years: € 25,000
Each Dependent, aged 18-26 years not married and financially dependent on the main Applicant: € 50,000
Each Dependent, aged 55 years or over residing with the main Applicant and financially dependent on the Applicant: € 50,000
Investment in government bonds (for at least 5 years): € 150,000
Passport fees per person: € 500
Bank charges per application: € 300
Due Diligence Fees:
Principal applicant: € 7,500
Spouse: € 5,000
Each Dependent child 0-17 years: € 3,000
Each Dependent, aged 18-26 years : € 5,000
Each Dependent, aged 55 years and above: € 5,000
Our professional fees:
Principal applicant: € 90,000
Each Dependent child 0-17 years: € 5,000
Each Dependent, aged 18-26 years: € 5,000
Each Dependent, aged 55 years and above: € 5,000