A Short Guide to Malta Citizenship by Investment Programme
When people are able to obtain nationality in a country by making an investment, usually in government bonds or real estate, it is called citizenship by investment. You can do the same when you want to become a citizen of Malta. The program requires you to invest in real estate and government-approved bonds and also contribute to a government fund. Malta Citizenship by Investment Programme is one of the most popular programs in Europe, mostly due to the benefits it can offer to investors. In addition, it has a very short time-frame in which you can get a Maltese passport.
Also known as the Malta Individual Investor Programme, the Malta Citizenship by Investment scheme was first launched in 2014. The purpose was to attract the investment of individuals who had a high net worth and good moral standing. Every year, more than 1,000 investors use the Malta Citizenship by Investment programme for getting the country’s citizenship. Thanks to this program, applicants can enjoy the advantages that come with having a European passport and lots more. Some of them include:
- Since Malta is a full member state of the European Union, investors who obtain Maltese citizenship can work and live anywhere in Europe. Malta is also part of the Schengen area, which means you don’t need any passport checks or visa for traveling to the 22 other countries part of the zone.
- Malta’s passport is considered one of the strongest in the world. You can enjoy visa-free travel and freedom of movement in Europe, but that’s not all. Having this passport means you can travel to 168 other countries visa-free.
- Another great perk of the Maltese citizenship by investment programme is that it enables investors to get citizenship in a much shorter time period as compared to other programs. It takes only a year for you to become a resident of Malta.