For wealthy non-EU investors looking for a pathway to EU citizenship, there is also the option of investing in Malta. This affords Malta citizenship, which can then provide a pathway to EU citizenship, though Malta is not on the E2 Treaty Investor list. There are two programs for residence in Malta, the Malta Residence and Visa program and the Global Residence Program.
The Global Residence Program is for temporary residence. Application generally takes about three (3) months and applicants can apply on behalf of a spouse or partner, any children under 25 years of age, siblings and parents, if they are financially dependent.
Global Residence Program: Requirements
- Verify a minimum €15,000 income tax paid in Malta yearly
- Pay program fee €6,000 (Malta) €5,500 (Gozo)
- Purchase a property valuing at least €275,000 -OR- rent a property valuing at least €9,600
- No government contribution
- No minimum government bond/shares investment
The Malta Residence and Visa program is a 3-4 month process. Applicants can petition on behalf of any children with no age limit, as well as parents and grandparents, if they are financially dependent.
Malta Residence and Visa Program: Requirements
- Government contribution €30,000
- Invest in government bonds for five or more years €250,000 (after which you can request to be refunded to the full amount) -OR- make a one time non-fundable investment of 100,000 Euros with 250,000 Euros available as a cash deposit.
Purchase a property valuing at least €270,000 (South/Gozo) or €320,000
-OR- rent a property valuing at least €12,000 (Central/North) or €10,000 (South/Gozo)
- Have an annual income of at least €100,000 outside of Malta -OR- have at least €500,000 in capital at your disposal
- No minimum tax
- No application fee
If you would like to enjoy the benefits of an E2 visa without having to pay the imposed taxes that are placed on permanent residents, perhaps this is the option for you.
Need Counsel for Immigration? Call Today!
Immigration law can be complicated and this article does not cover all the issues regarding obtaining citizenship from Malta. These cases can be extremely complex; thus, if you have any questions regarding your investment, please do not hesitate to contact our office.
Call our law firm to consult with an immigration attorney today at: (949) 285-1836