Malta Citizenship MIIP

Malta Citizenship

Maltese 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.

Maltese Citizenship Rights

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 has been a member of the European Union since 2004 and is part of Schengen since 2007. 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. 

Malta Citizenship: Eligibility

To access the Malta Citizenship Program, main applicants must be represented by Authorised Registered Mandataries and are required to contribute €650,000 to an independently managed National Development Fund to be set up by the Government of Malta for the purpose.  Spouses and children of applicants for Malta citizenship are required to contribute €25,000 while unmarried children between the ages of 18 and 25 and dependant parents will also be granted citizenship on the basis of a contribution of €50,000 each.

To qualify under the regulations of this programme, a Main Applicant for citizenship must be at least 18 years of age and must meet the follow requirements:

Contribution to the National Development & Social Fund

To access the Maltese citizenship program, main applicants must be represented by Authorised Registered Mandataries and are required to contribute €650,000 to Malta.  Of this contribution, 70 per cent will go into a National Development and Social Fund to be set up by the Government of Malta and to be run by a board of trustees on the lines of the Sovereign Wealth Fund in Norway. The rest will go to the consolidated fund.  

The CNDSF's scope will be to carry out projects linked to education, innovation, job creation and the implementation of the jobs plus strategy, social projects and projects in the public health sector. The fund will be on the same level as the Central Bank

Spouses and children of applicants for Malta citizenship are required to contribute €25,000 while unmarried children between the ages of 18 and 25 and dependent parents will also be granted citizenship on the basis of a contribution of €50,000 each.

Property Purchase or Rental

Applicants are required to make an investment in property of at least €350,000 or enter a property rental contract for at least €16,000 p.a. both on five-year contracts.

Investment in Bonds/Shares

Applicants are required to invest at least €150,000 in bonds or shares in Malta to be kept for five years. These investments will need to be made in stocks sanctioned by the government as beneficial to the Island. The total investment to be made by applicants for Citizenship by Investment would be of €1.15m. 

Residence Stat​us

The “residence requirement” is satisfied on showing a genuine link with the Island of Malta.  Approved Agents are able to seek advance written approval from Identity Malta that their clients' proposed links satisfy Identity Malta.  Citizenship is granted after 12 months from effective date of commencement of the genuine link with the Maltese Islands.  This is not to mean that candidates need to spend 365 days in Malta before citizenship is granted.  In practice, all the client needs to do is visit Malta to have their biometrics taken at the beginning of the process and then to take the oath of allegiance at the end.  

The definition of residency should be interpreted in the spirit of the residency clause by which the legislator wants applicants to forge links with the island.
Acceptable criteria include having local mobile phone, a car, membership of a local club or professional body, as well as any involvement in philanthropy,  Persons resident in Malta one year prior to the approval of their IIP application need not satisfy further residence requirements.

'Fit and proper' Test

Applicants must show they are in good standing and repute and will undergo a 'fit and proper' test.  The Government of Malta is committed to the highest standard of due diligence to ensure only deserving and reputable applicants are allowed to proceed for the grant of Maltese citizenship.  A four-tier due diligence process is carried out directly by the Government that will assess applicants and process applications subject to Governmental approval at various stages.  Applicants must demonstrate a clean criminal record, with checks being conducted with the International Criminal Court, INTERPOL and various other authorities and sources. Applicants must provide a police certificate which may be submitted subsequently to the submission of the application but at all times prior to approval.

Good Health

Applicants must show they do not suffer from a contagious disease.

Malta Citizenship Application Process

Applications for Malta Citizenship Programme are to be made to and processed wholly by Identity Malta.  Applicants must be represented by an Accredited Person that is a licensed Maltese Authorised Registered Mandatory (ARM).  Dr Jean-Philippe Chetcuti (Chetcuti Cauchi Advisors Ltd) holds licence no. IIP 001 and has satisfied the additional requirements imposed by the IIP Regulations over and above the requirements for ARMs under other legislation. The programme imposes more responsibilities on Authorised Registered Mandatories to ensure the highest standards of quality are maintained throughout the application process, for the protection and benefit of applicants and the reputation of the Maltese citizenship by investment programme.