Malta's Citizenship for Exceptional Services by Direct Investment offers a unique pathway to gaining citizenship by significant financial contributions.
This pathway has become an attractive option for US citizens seeking mobility and security. Although there are no tax benefits of Maltese citizenship, the country offers a number of tax regimes for wealth and estate planning.
Julia Loko, Investment Programs Expert at Immigrant Invest, explores what Malta Citizenship for Exceptional Services by Direct Investment involves, why Americans choose Malta, its benefits, and how to obtain it.
What is Malta’s Citizenship for Exceptional Services by Direct Investment?
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Malta citizenship by naturalization for exceptional services by direct investment is aimed at individuals who make a substantial investment in the country, typically through a combination of economic contributions, such as:
The government rewards these investments by granting citizenship to those who contribute to the nation’s economic development.
The program offers a route to citizenship in 1 or 3 years, distinguishing it from long-term residency options.
Why Americans Choose Maltese Citizenship
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Americans are increasingly looking to Malta for a range of practical reasons. Many are motivated by the country’s location within the European Union.
Additionally, advantages of Malta citizenship for Americans include a stable legal and financial system, low crime rates, and a high standard of living.
Malta citizenship doesn’t offer investors any tax benefits but has more relaxed tax policies compared to other European nations, which can be an attractive option for high-net-worth individuals.
7 Benefits of Malta Citizenship for US Citizens
Visa-free travel. Maltese citizens can travel visa-free to over 180 countries.
High quality of life. Malta offers a stable, safe environment with a high standard of healthcare, education, and infrastructure.
Dual citizenship. Malta allows dual citizenship, which means you don’t have to renounce your US citizenship.
Business opportunities. With its business-friendly environment and access to the EU market, Malta offers a solid base for international businesses.
Stable economy. Malta has a strong, resilient economy, making it a safe option for long-term investments.
Security and political stability. Malta is known for its political stability and strong legal protections, providing a sense of security for its citizens.
Access to healthcare and education. Malta residents can access Malta’s high-quality healthcare and education systems, which are in line with European standards.
How to Obtain Malta’s Citizenship for Exceptional Services by Direct Investment
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The process of obtaining citizenship through this program involves several steps:
Contribution to the National Development and Social Fund. Applicants must make a non-refundable contribution to Malta’s National Development and Social Fund. The required amount starts at €600,000 for a minimum 36-month residency, or €750,000 for a reduced 12-month residency period.
Investment in Property. Applicants are required to invest in property, either by purchasing a property valued at a minimum of €700,000 or renting a property with a minimum annual rental cost of €16,000.
Investment in Government Bonds. Applicants must invest in government bonds or stocks, which must be held for a period of five years.
Background check and Due Diligence. A thorough background check is conducted to ensure the applicant’s eligibility.
Residency requirement. Applicants must meet residency requirements before being granted citizenship. This includes staying in Malta for at least 12 months for the accelerated route or 36 months for the standard one.
Approval and naturalisation. After fulfilling the necessary conditions and passing Due Diligence checks, applicants can apply for naturalisation. Once approved, they are granted full Maltese citizenship.
Dual Citizenship for Americans
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Dual citizenship is allowed in Malta, which is one of the significant advantages for US citizens. The US government permits its citizens to hold another nationality without losing their American citizenship.
Dual citizenship options for Americans, allow US citizens access the European Union’s benefits without forfeiting their rights in the United States. This is particularly important for those who want to safeguard their family’s future or take advantage of tax or business opportunities in Europe.
How to apply for Maltese second passport for U.S. citizens
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The process for applying for Malta’s Citizenship for Exceptional Services by Direct Investment generally includes these steps:
Preparation of required documents. This typically includes identification, proof of financial resources, and a clean criminal record.
Submitting the application. The application is submitted to the relevant authorities. The processing times can vary, typically ranging from a few months up to a year.
Making the investment. Investors are required to fulfill the financial obligations specified by the program, whether it involves a donation or purchasing property.
Obtaining citizenship. Once the application is approved, the investor receives their new passport and is granted the rights and privileges of a citizen in that country.
Conclusion
Malta’s Citizenship for Exceptional Services by Direct Investment is a compelling option for US citizens looking for new opportunities, whether for mobility, or enhanced security.
If this option aligns with your goals, reaching out to an expert in immigration services is the first step to begin the process.
Contact Immigrant Invest to learn more about how you can obtain Malta’s Citizenship for Exceptional Services by Direct Investment and secure your family’s future today.
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