Vaunting a high European standard of living with a Mediterranean flair, Malta continues to attract foreign investors who are seeking the most ideal European solution for immigration purposes and the attainment of a secondary citizenship. Malta’s accessions to the EU and the Schengen Area in 2004 and 2007 respectively, as well as its stability in the political and economical arenas, have contributed significantly to its development into a fine European destination for relocation.
Malta has also thrived in the economic sector. Malta and Germany were the only two European states in the Eurozone to register economic growth during times of economic crisis which proves the robustness of the Maltese banks. In fact, the Maltese banks have ranked among the top 5 soundest banks in the world.
Maltese Citizenship by Investment grants the rights of full citizenship for life and may be passed on to future generations by descent. Investors who gain Maltese Citizenship by investment will also benefit from all investment opportunities in Malta and throughout the EU which are open to Maltese and EU citizens.
Legal basis for Maltese Citizenship
In November 2013, amendments were carried out to the Maltese Citizenship Act, Chapter 188 of the Laws of Malta, which provided for the framework for the enactment of LN 47 of 2014. Through the ‘Malta Individual Investor Programme’ (MIIP) rules, affluent persons of impeccable standing and repute are given the opportunity to be naturalised and to receive Maltese citizenship on the basis of a contribution to and investment in Malta.