Malta Citizenship by Investment
The acquisition of Malta Citizenship by Investment is now open to reputable individuals and families making an oustanding contribution to the European Island of Malta. The Island is speckled with a rich cultural lifestyle, temperate climate and fascinating history – all fused with an avante garde contemporary lifestyle - christen the island as one of the top most attractive abodes in Europe.
Malta is also a state of the art financial and business hub. This, coupled to its competitive tax system, explain the island’s rising popularity with the internationally community.
Malta is a full EU member state since 2004. For the last two decades Malta has enjoyed solid and constant growth in its financial services industry and is fast becoming the jurisdiction of choice to international corporate groups seeking an ideal hub from which to do business within the EU, Middle East and North African markets.
Malta Citizenship by Investment through History
Malta Citizenship was a right established when Malta became an independent state on the 21 September 1964. Chapter III of the Constitution of Malta was totally dedicated to citizenship matters. Amongst other things, the provisions regulate:
- how citizenship can be obtained through methods revolving around descent (birth abroad) or birth in Malta (before and after Independence),
- loss of Maltese citizenship and
- the acquisition of such citizenship by registration.
For more than two decades after Malta citizenship had been established, the few amendments carried out to citizenship legislation were of relatively minor importance. The concept of single nationality and the possibility of transmitting Maltese citizenship to first generation children born abroad, were the dominant features. Dual citizenship was only allowed until the individual was nineteen years of age and the retention of one's Malta citizenship beyond this date was only allowed if such persons renounced any foreign citizenship they held before their nineteenth birthday.
Malta Citizenship by Investment
The Malta Citizenship by Investment Programme is the first EU approved citizenship programme. The Republic of Malta enjoys a stable political climate and a bi-partisan political scene that is largely convergent on issues of national and economic importance. Malta has weathered the financial crises well and shared the limelight with Germany as the only two states maintaining economic growth in the Euro Zone. Malta's banks have been ranked amongst the top 5 soundest banks in the world.
Malta Citizenship by Investment may be granted under an amendment passed in November 2013 to the Maltese Citizenship Act, Chapter 188 of the Laws of Malta. These amendments provided the framework for the enactment of LN 47 of 2014. The Malta Individual Investor Programme (MIIP) rules provide for affluent persons of impeccable standing and repute to be naturalised and to receive Maltese citizenship on the basis of a contribution to and investment in Malta.
Malta has been a member of the European Union since 2004 and is part of Schengen since 2007. Malta Citizenship obtained under this programme grants the rights of full citizenship for life and can be passed on to future generations by descent. Maltese citizenship grants access to all investment opportunities in Malta and throughout the European Union open to Maltese and European Union citizens.