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Malta
Citizenship Summary
In November 2020, the Maltese Government established
the Maltese Exceptional Investment Naturalisation
(MEIN), formally known as โ€˜The Granting of Citizenship by
NaturalisationforExceptionalServicesbyDirectInvestment.โ€™
This grants Maltese citizenship to investors following a
period of residency. Families enjoy being a citizen of a stable
and safe European country with a strong economy.
Set in the heart of the Mediterranean, Malta boasts a rich
history and cultural tapestry that dates back over 7,000
years. Recognised as a neutral state, Malta is also a proud
member of the Commonwealth. An exceptional places to do
business, Malta has one of the fastest-growing economies
and the top GDP growth rates in the EU, and its favourable
legislation supports company growth.
The MEIN allows for the granting of citizenship to you
and your family in exchange for a direct investment in
the Republic of Malta that contributes to the social and
economic development of the country. This comprehensive
procedure requires either a three-year commitment
or a more intensive one-year option through a higher
investment, and incorporates a thorough due diligence
process. This multi-tiered system is renowned as one of
the worldโ€™s most stringent for citizenship by investment,
ensuring that only the most suitable candidates qualify.
Malta Citizenship by Investment
To qualify for citizenship, you must be over 18 years of age,
be of outstanding character, and have no criminal record.
You must be in good health and pass strict government due
diligence checks.
Requirements
Meet one of the following criteria:
โ€ข Commit to EUR 16,000 per annum for a leased residential
property in Malta and maintain for at least five years after
naturalization
โ€ข Fund a EUR 700,000 purchase of a residential property in
Malta to be held for at least five years after naturalization
Note, you will need to secure a residential property during
the residency period.
Property
You and all adult dependants must have been a legal
resident of Malta for three years or, by exception, at least
one year. Prior to being naturalized, connections to Malta
during the residency period must be demonstrated.
Malta Residence
Upon approval of citizenship, you will be asked to
make a direct investment, contributing to the National
Development and Social Fund:
Invest in Malta
Main Applicant
โ€ข EUR 600,000 after at least 36 months residency, or
โ€ข EUR 750,000 after a minimum of 12 months residency
Spouse or de facto partner
โ€ข EUR 50,000
Unmarried dependants under 29
โ€ข EUR 50,000 each
Dependent parents and grandparents over the age of 55
โ€ข EUR 50,000 each
Make a EUR 10,000 donation to a registered philanthropic
cause, cultural, sports, or animal welfare foundation,
approved by the Community Malta Agency.
Charity Donation
All applicants must have global health coverage during the
residency period.
Health Insurance
As the main applicant, you can add your spouse as a
dependant. Like you, they must be over 18 years of age, be of
good character, and have clean criminal and health records.
You can also include dependant, unmarried children under
29 years. In addition, you can add parents and grandparents
who are over the age of 55 as dependants.
Qualifying Dependants
Malta permits dual citizenship.
Dual Citizenship
โ€ข The Malta Citizenship Act states that any applicant who
has been denied a visa to a country with which Malta has
visa-free travel arrangements and has not subsequently
obtained a visa to the country that issued the denial will
not be eligible for Maltese citizenship.
โ€ข In addition, any applicant or dependant who is subject to
a criminal investigation, considered a potential national
security threat, involved in any activity likely to cause
disrepute to the country, or who provides false information
on the application shall not be approved for citizenship.
Along with other naturalized citizens, Malta publishes the
names of successful applicants.
Further Criteria
โ€ข Main Applicant - EUR 15,000
โ€ข Dependants 13 years and over - EUR 10,000
โ€ข Spouse - EUR 10,000
โ€ข Benefactor - EUR 15,000
Government Due Diligence Fees
Month 3
Once the residency process is near completion,
we will submit a request to the Community Malta
Agency (CMA), the Government agency overseeing
the MEIN. It typically takes up to 30 business days
for the agency to give us an appointment for your
visit to Malta in order to capture the biometrics of all
adult applicants, which is a requirement for the Malta
Residence Cards.
Secure a Residence in Malta
The applicant will need to lease a property for a
minimum of 36 months or purchase a property in
order to fulfil the residence stage of the application
as this will help demonstrate genuine
ties to the country. Most clients choose to lease
a property at this stage and we are able to fully
manage your property to ensure a hassle free
experience. Property conveyance and management
fees apply, whether property is secured through our
Real Estate network, or independently. Our property
management is not mandatory.
We will request to receive the initial residence
government fees and EUR 10,000 government
contribution as part of your residency application. An
advance payment of EUR 10,000 will also be required
if we secure your residency lease or alternatively paid
directly to the landlord.
Month 1 Initial Due Diligence and Pre-Approval
Primary applicant must complete our due diligence
form and send it back along with scanned copies of
your passports for all family members who will be
included in the application.
Client Agreement (CA) and Residence Application
We will send the CA and request the initial retainer
to complete the client on-boarding. A dedicated
Relationship Manager will work with you on the
residence application. Unless you have global heath
insurance that qualifies, we will obtain quotes locally
for your coverage and the price will vary depending
on age and overall health status.
โ€ข By becoming Maltese Citizens, applicants receive a wealth
of intangible benefits
โ€ข Malta is a European well-respected and neutral country,
also a member of the Commonwealth
โ€ข The Malta Citizenship-by-Investment is a very exclusive
opportunity
โ€ข Citizenship is for life, may be passed on to future
generations, and affords the right to work and live in Malta
โ€ข Malta has one of the fastest growing economies in the EU
and is a favourable place for business
Summary of Key Advantages
If you are considered a resident of Malta but not domiciled,
you only pay tax on income earned within or remitted to
Malta. If you spend more than 183 days per annum in Malta
or make the country your primary place of residence, you
will be taxed on your worldwide income. A personal tax
rate goes up to 35%. The country does not levy estate or
gift taxes but does collect a capital gains tax on a variety
of assets. The standard VAT in Malta is set at 18%. While the
corporate tax rate is 35%, certain exemptions exist for non-
resident companies.
Taxation
Month 2
Month 4 Residency Appointment with Community Malta
Agency
We will help coordinate your first visit to Malta and
take you to your appointment with CMA, typically 15
to 22 business days after your CMA visit the residence
cards will be issued. We will advise on the days to be
spent in Malta during the residency stage. Clients
may take the opportunity to familiarise themselves
with the Maltese islands.
Month 5 Citizenship Application
Shortly after your appointment with CMA, we
recommend you visit our office to work on the actual
citizenship application directly with your dedicated
Relationship Manager (RM), unless you are working
on this process with your agent or representative
in your country. The citizenship application is a
two-pronged process. Your RM will also be able to
set up an appointment with a local notary to have
the required supporting documentation certified
in Malta instead of in your home country, for your
convenience. Moreover, the RM will coordinate
the necessary appointments in relation to your
application, such as with a local doctor to facilitate
the required medical forms.
Process Overview
Month 6 Approval in Principle
Upon receiving the Approval in Principle from
CMA you will first need to pay the balance of the
contribution owing to the National Development
and Social Fund within 45 days. Then you must fulfil
the remaining obligations, namely proof of property,
and charity donation.
Month 7 Oath of Allegiance and Passport Application
With all of the prerequisites fulfilled the government
will issue an invitation letter for you to visit Malta
and swear the Oath of Allegiance. Please note every
family member 18 years of age and older must take
the oath. We will help to organise your visit to ensure
a smooth process.
Shortly after a Certificate of Naturalization will
be issued and we will proceed with the passport
application. Upon submission of the passport
application we expect you will be able to pick up your
Maltese passports within one to two weeks. Please
note that every family member 6 years of age and
older will need to be present for the biometrics of
their passport.
OUR GLOBAL OFFICES
AMERICAS
CANADA
M: +1 604 340 6599
E: info@latitudeworld.com
A: 1055 West Georgia, 24th
Floor, Vancouver,
BC, Canada, V6E 3P3
M: +1 (415) 619 1758
E: info@latitudeworld.com
A: 447 Madison Avenue, 6th
Floor,
New York, NY, USA, 10022
USA (NY)
M: +55 11 2776 7010
E: info@latitudeworld.com
A: Rua Bento de Andrade, 127 - Jardim
Paulistanto, Sรฃo Paulo, Brazil
BRAZIL CAYMAN ISLANDS
M: +1 345 325 3030
E: info@latitudeworld.com
A: 90 North Church Street, 2nd
Floor,
Strathvale House, George Town, Grand
Cayman, Cayman Islands, KY1-9012
PORTUGAL
M: + 351 91 991 3332
E: info@latitudeworld.com
A: Praceta das Tรญlias, 102, RCA, 2775-336
Parede, Portugal
MALTA
M: +356 2248 0000
E: info.mt@latitudeworld.com
A: Dragonara Business Centre, 5th
Floor, St Julianโ€™s, Malta, STJ 3141
UNITED KINGDOM
M: +44 208 849 5555
E: info@latitudeworld.com
A: 566 Chiswick High Road, Building 3,
London, UK, W4 5YA
NIGERIA (LAGOS)
M: +234 912 351 5849
E: nigeria@riftrust.com
A: 1st Floor, West Wing, 17A, Wings
Complex Ozumba Mbadiwe Street,
Victoria Island, Lagos, Nigeria
SAUDI ARABIA
M: +966 11 491 9919
E: ksa@riftrust.com
A: Almuttahed Building, King Fahd Road,
4th
Floor, Of๏ฌce 1, Riyadh, KSA
EGYPT
M: +20 2379 66735
E: contact@riftrust.com
A: Arkan Plaza - Of๏ฌce 433, Building 4,
3rd Floor, Sheikh Zayed City, Egypt, 12588
LEBANON
M: +96171921000
E: lebanon@riftrust.com
A: Beirut Souks, Block M, 4th Floor,
Weygand Street, Beirut Central District,
Down Town, PO BOX 2961-11, Beirut, Lebanon
UAE (DUBAI)
M: +971 4 520 6777
E: contact@riftrust.com
A: U-Bora Tower 2804, Business Bay,
PO BOX 35195, Dubai, UAE
TURKEY
M: +90 212 890 5656
E: turkey@riftrust.com
A: T303-3, Zorlu Center, Levazim, Besiktas,
Istanbul, Turkey
VIETNAM
M: +84 904 273 903
E: vietnam.helpdesk@latitudeworld.com
A: Hanoi Tower, Regus 1332, No. 49 Hai Ba
Trung Str., Hoan Kiem Dist., Hanoi,
Vietnam
KAZAKHSTAN
M: +7 8777 3332 733
E: info@latitudeworld.com
A: Republic of Kazakhstan, City of Astana,
Korgalzhinskoye Highway 25, Of๏ฌce 18
MALAYSIA
M: +60 16 277 6260
T: +60 35 632 5101/5105
E: info@latitudeworld.com
A: 24-2, Jalan PJS 11/28, Bandar Sunway,
46150,Petaling Jaya, Selangor, Malaysia
INDIA
M: +91 22 6238 4500 / 4501
E: info@latitudeworld.com
A: 505, Sai Samarth Business Park Deonar,
Mumbai, India, 400 088
HONG KONG (CHINA)
M: +852 9293 2729
E: china@latitudeworld.com
A: 4/F, 299QRC, 299-287 Queens Road Central,
Hong Kong, China
PAKISTAN
E: pakistan@riftrust.com
A: 2nd
Floor Plaza, 113,
Fairways Commercial Defence Raya
DHA Phase 6, Lahore, Pakistan
SOUTH KOREA
M: +82 10 5525 6324
E: info@latitudeworld.com
A: 1209, Meewang Building 364,
Gangdamdae-ro, Gangnam-gu,
Seoul, Korea
ASIA
MIDDLE EAST
EUROPE
SOUTH AFRICA
M: +27 83 306 6460
E: info@latitudeworld.com
A: Level 1 - Of๏ฌce 131, Cape Quarter Lifestyle
Village, 27 Somerset Road, Green Point,
Cape Town, 8005
CARIBBEAN
M: +1 (415) 619 1758
E: info@latitudeworld.com
A: 9800 Wilshire Boulevard Beverly Hills,
CA, USA, 90212
USA (LA)
AFRICA
www.riftrust.com | www.latitudeworld.com

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FINAL PRESENTATION.pptx12143241324134134
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Unlock Global Citizenship: Malta Citizenship with Riftrust | LatitudeWorld

  • 1. Malta Citizenship Summary In November 2020, the Maltese Government established the Maltese Exceptional Investment Naturalisation (MEIN), formally known as โ€˜The Granting of Citizenship by NaturalisationforExceptionalServicesbyDirectInvestment.โ€™ This grants Maltese citizenship to investors following a period of residency. Families enjoy being a citizen of a stable and safe European country with a strong economy. Set in the heart of the Mediterranean, Malta boasts a rich history and cultural tapestry that dates back over 7,000 years. Recognised as a neutral state, Malta is also a proud member of the Commonwealth. An exceptional places to do business, Malta has one of the fastest-growing economies and the top GDP growth rates in the EU, and its favourable legislation supports company growth. The MEIN allows for the granting of citizenship to you and your family in exchange for a direct investment in the Republic of Malta that contributes to the social and economic development of the country. This comprehensive procedure requires either a three-year commitment or a more intensive one-year option through a higher investment, and incorporates a thorough due diligence process. This multi-tiered system is renowned as one of the worldโ€™s most stringent for citizenship by investment, ensuring that only the most suitable candidates qualify. Malta Citizenship by Investment To qualify for citizenship, you must be over 18 years of age, be of outstanding character, and have no criminal record. You must be in good health and pass strict government due diligence checks. Requirements Meet one of the following criteria: โ€ข Commit to EUR 16,000 per annum for a leased residential property in Malta and maintain for at least five years after naturalization โ€ข Fund a EUR 700,000 purchase of a residential property in Malta to be held for at least five years after naturalization Note, you will need to secure a residential property during the residency period. Property You and all adult dependants must have been a legal resident of Malta for three years or, by exception, at least one year. Prior to being naturalized, connections to Malta during the residency period must be demonstrated. Malta Residence Upon approval of citizenship, you will be asked to make a direct investment, contributing to the National Development and Social Fund: Invest in Malta Main Applicant โ€ข EUR 600,000 after at least 36 months residency, or โ€ข EUR 750,000 after a minimum of 12 months residency Spouse or de facto partner โ€ข EUR 50,000 Unmarried dependants under 29 โ€ข EUR 50,000 each Dependent parents and grandparents over the age of 55 โ€ข EUR 50,000 each Make a EUR 10,000 donation to a registered philanthropic cause, cultural, sports, or animal welfare foundation, approved by the Community Malta Agency. Charity Donation All applicants must have global health coverage during the residency period. Health Insurance As the main applicant, you can add your spouse as a dependant. Like you, they must be over 18 years of age, be of good character, and have clean criminal and health records. You can also include dependant, unmarried children under 29 years. In addition, you can add parents and grandparents who are over the age of 55 as dependants. Qualifying Dependants Malta permits dual citizenship. Dual Citizenship
  • 2. โ€ข The Malta Citizenship Act states that any applicant who has been denied a visa to a country with which Malta has visa-free travel arrangements and has not subsequently obtained a visa to the country that issued the denial will not be eligible for Maltese citizenship. โ€ข In addition, any applicant or dependant who is subject to a criminal investigation, considered a potential national security threat, involved in any activity likely to cause disrepute to the country, or who provides false information on the application shall not be approved for citizenship. Along with other naturalized citizens, Malta publishes the names of successful applicants. Further Criteria โ€ข Main Applicant - EUR 15,000 โ€ข Dependants 13 years and over - EUR 10,000 โ€ข Spouse - EUR 10,000 โ€ข Benefactor - EUR 15,000 Government Due Diligence Fees Month 3 Once the residency process is near completion, we will submit a request to the Community Malta Agency (CMA), the Government agency overseeing the MEIN. It typically takes up to 30 business days for the agency to give us an appointment for your visit to Malta in order to capture the biometrics of all adult applicants, which is a requirement for the Malta Residence Cards. Secure a Residence in Malta The applicant will need to lease a property for a minimum of 36 months or purchase a property in order to fulfil the residence stage of the application as this will help demonstrate genuine ties to the country. Most clients choose to lease a property at this stage and we are able to fully manage your property to ensure a hassle free experience. Property conveyance and management fees apply, whether property is secured through our Real Estate network, or independently. Our property management is not mandatory. We will request to receive the initial residence government fees and EUR 10,000 government contribution as part of your residency application. An advance payment of EUR 10,000 will also be required if we secure your residency lease or alternatively paid directly to the landlord. Month 1 Initial Due Diligence and Pre-Approval Primary applicant must complete our due diligence form and send it back along with scanned copies of your passports for all family members who will be included in the application. Client Agreement (CA) and Residence Application We will send the CA and request the initial retainer to complete the client on-boarding. A dedicated Relationship Manager will work with you on the residence application. Unless you have global heath insurance that qualifies, we will obtain quotes locally for your coverage and the price will vary depending on age and overall health status. โ€ข By becoming Maltese Citizens, applicants receive a wealth of intangible benefits โ€ข Malta is a European well-respected and neutral country, also a member of the Commonwealth โ€ข The Malta Citizenship-by-Investment is a very exclusive opportunity โ€ข Citizenship is for life, may be passed on to future generations, and affords the right to work and live in Malta โ€ข Malta has one of the fastest growing economies in the EU and is a favourable place for business Summary of Key Advantages If you are considered a resident of Malta but not domiciled, you only pay tax on income earned within or remitted to Malta. If you spend more than 183 days per annum in Malta or make the country your primary place of residence, you will be taxed on your worldwide income. A personal tax rate goes up to 35%. The country does not levy estate or gift taxes but does collect a capital gains tax on a variety of assets. The standard VAT in Malta is set at 18%. While the corporate tax rate is 35%, certain exemptions exist for non- resident companies. Taxation Month 2 Month 4 Residency Appointment with Community Malta Agency We will help coordinate your first visit to Malta and take you to your appointment with CMA, typically 15 to 22 business days after your CMA visit the residence cards will be issued. We will advise on the days to be spent in Malta during the residency stage. Clients may take the opportunity to familiarise themselves with the Maltese islands. Month 5 Citizenship Application Shortly after your appointment with CMA, we recommend you visit our office to work on the actual citizenship application directly with your dedicated Relationship Manager (RM), unless you are working on this process with your agent or representative in your country. The citizenship application is a two-pronged process. Your RM will also be able to set up an appointment with a local notary to have the required supporting documentation certified in Malta instead of in your home country, for your convenience. Moreover, the RM will coordinate the necessary appointments in relation to your application, such as with a local doctor to facilitate the required medical forms. Process Overview Month 6 Approval in Principle Upon receiving the Approval in Principle from CMA you will first need to pay the balance of the contribution owing to the National Development and Social Fund within 45 days. Then you must fulfil the remaining obligations, namely proof of property, and charity donation. Month 7 Oath of Allegiance and Passport Application With all of the prerequisites fulfilled the government will issue an invitation letter for you to visit Malta and swear the Oath of Allegiance. Please note every family member 18 years of age and older must take the oath. We will help to organise your visit to ensure a smooth process. Shortly after a Certificate of Naturalization will be issued and we will proceed with the passport application. Upon submission of the passport application we expect you will be able to pick up your Maltese passports within one to two weeks. Please note that every family member 6 years of age and older will need to be present for the biometrics of their passport.
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