Malta: You’re only one investment away from a second passport in the heart of the Mediterranean
Today we’re going back to one of our specialties, citizenship by investment. Specifically, we’re looking at Malta, a nation we explored at the tail end of last week, though today we have a few investment routes to share designed for those with high levels of disposable income which comes with the reward of a second passport.
The key piece of information we all need before getting too involved in an investment is the criteria for eligibility. It is for this reason that we’re going to include a short list below before we explore the more specific details of the citizenship program.
Please find the criteria here:
· Be over 18 years old
· Be in possession of a valid residence card
· Pass a health check
This is not at all an extensive list; however, it is important to reiterate the need for residency before completing the investment in Malta, ruling out some potential investors who have not already completed their residency investments in the European nation.
What are my investment options?
Please find below the investment pathway to Maltese citizenship:
· Have disposable income equivalent to €600,000 to invest in Malta if you have been a resident for 36 months for the National Development Fund
· Have disposable income equivalent to €750,000 to invest in Malta if you have been a resident for 12 months
· Have €700,000 to invest in Maltese real estate to be held for 5 years and not sublet during this time
· Lease a residential property in Malta worth €16,000 per year
· Donate €10,000 to an approved organization
There is a rather broad range here, from property which could double up as a family home and make the move more economic, to development fund and charitable donations. This does make Maltese citizenship costly and perhaps rules out many potential investors just down to the price alone. However, while it is expensive, it is so for a reason, something we will get on to now…
Are there any other benefits?
Obviously, the price of the program is never going to be the only reason you’d consider making a move overseas or obtaining a second passport. In reality, the benefits of the passport are as important as the price it costs to get it into your hands.
Some of the other benefits associated with Malta’s citizenship include:
· Permanent place to live in Malta and across the rest of the EU
· Work and study in Malta and the rest of the EU
· Over 140 countries accessible through the passport
· Citizenship passed on to family members in future generations
· Social, educational and health benefits in Malta
It is therefore clear that the price is high as the passport acts as a gateway to Europe, affording you the freedom of movement across the European Union.
So, if you are interested in finding out more about making Malta your new home, as well as other opportunities to develop your business, contact us today! Below this article, you will find a link to set up a free fifteen-minute consultation with us to discuss your options further.
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