Malta Citizenship Process 2024 – A Guide

Malta is the first European country with the fastest program to become a citizen. There are two ways to become a citizen of Malta. 1) Citizenship by being born in the country; 2) Residency as a way to become a citizen of Malta Malta has the fastest way to become a citizen in all of Europe. This post will explain how to become a citizen of Malta. Read on to find out how to become a citizen of Malta.

Malta is in Europe and is part of the Schengen area. This means you don’t need a visa to go to any other EU country. The Malta Passport was rated the fourth-best in the world. It lets 188 countries visit without a visa. In our last post, we talked about how to get a work visa for Malta in 2024. The Malta Permanent Residence Program is open to people who are not from the EU.

Details of Malta Citizenship Process

Let’s talk straight about what’s needed for the Malta Citizenship Program:

Malta Citizenship through Residence by Investment

One of the most well-known Malta Permanent Residence Programs is the Malta Residency by Investment. The MPRP is a simple residency-by-investment scheme that is based on buying property. You don’t have to live there to become a citizen.

Processing Time: The promise is that it will take between 4 and 6 months to handle an application that is complete and correct.

Benefits of Malta Citizenship Process

• Freedom of Movement: Maltese citizens are granted visa-free or visa-on-arrival access to more than 180 countries, including the Schengen Area, the European Union, the United States, and Canada. This substantially improves the flexibility of travel for both personal and business purposes.
• European Union Citizenship: Malta’s citizens are granted European Union (EU) citizenship. This offers a wide range of opportunities across the continent, granting the right to reside, work, and study in any EU member state.
• Quality of Life: Malta provides a secure environment, a Mediterranean climate, and a rich cultural heritage, all of which contribute to a high quality of life. It is an appealing location to reside and raise a family due to its exceptional healthcare and education systems.
• Tax Advantages: Malta maintains an advantageous tax structure that excludes inheritance, wealth, and estate taxes. Foreign income is not subject to taxation for non-domiciled residents unless it is remitted to Malta. These advantages can lead to substantial tax savings.
• Business Opportunities: Malta’s economy is robust, with robust sectors in finance, gaming, technology, and maritime. This presents a business opportunity. It is an optimal location for business operations due to its membership in the EU and strategic location in the Mediterranean.
• Political Stability: Malta is renowned for its strong rule of law and political stability, which creates a secure environment for both residents and enterprises.
• Education: Malta provides a high-quality education system that includes numerous international institutions and universities. As an EU citizen, you are also entitled to attend educational institutions throughout Europe at local tuition rates.
• Healthcare: The Maltese healthcare system is highly regarded for its comprehensive and affordable medical services. Private healthcare services are available to citizens, in addition to free public healthcare.
• Cultural and Recreational Activities: Malta is a country that is awash with history and culture, and it offers a range of recreational activities, historical sites, and festivals. Its scenic landscapes and coastal regions offer a variety of water sports and outdoor activities.

Requirements of Malta Residence by Investment Program

To qualify for the permanent residency program in Malta, you must:

• be from a third country and not from the EU, EEA, or Switzerland.
• Stable and regular sources of money.
• The main applicant must be at least 18 years old and show that they have at least €500,000 in capital assets, at least €150,000 of which must be in financial assets.

To Participate in the Malta permanent residency program, applicants must:

• Use a Licensed Agent to apply.
• Pay a processing fee of €40,000 that you can’t get back.
• Rent a house for at least €10,000 in the south of Malta/Gozo or €12,000 in the rest of Malta OR
• Buy a home that costs at least €300,000 in the south of Malta or Gozo or €350,000 in the rest of Malta.
• Pay a €28,000 government contribution if you buy a home or a €58,000 government contribution if you rent a home.
• Pay an extra €7,500 for every adult child you have besides your spouse.
• hold the qualified property for at least 5 years. After that, you will need a residential address.
• Give €2,000 to an NGO in your area that is listed with the Commissioner of Voluntary Organizations and works to help people, animals, or the environment.
• be able to show that they have a legal travel document.
• Get health insurance coverage to cover all risks in Malta. When you travel through Schengen, get travel insurance.

Visit the official website of the Malta Government Office to find out how to apply for citizenship through residency by investment. This has all the information about how to become a citizen of Malta in 2024. On that site, you can find all the forms, agent names, and helpful tips.

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Other Maltese Residency Programs

Below are two of the easiest and least expensive ways to become a citizen of Malta by living there.

• Digital Nomad Visa Residency
• Startup Residence Program

Malta Digital Nomad Visa Residency

Remote workers who can work from home can get a Digital Nomad Pass from Malta. He or she can work for themselves, for someone else, or as a Freelancer.

You will get a residency pass for nomads that is good for 3 years. After that, you can renew it for 2 more years. You can apply for the Malta Permanent Residency after living there for 5 years. You don’t have to buy or invest in any land to do this.

Read More: Portugal Seasonal Work Visa – A Guide

Malta Startup Residence Program

The Malta Startup Residence Program gives people a 3-year residence pass that can be extended for another 5 years. During that time, they can live in Malta while starting their own business.

If you want to find out more about this kind of residency program in Malta, you can check out the website for the Malta Startup Residence Programme.

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Malta Citizenship by Naturalization

You can become a citizen of Malta by naturalization if you live there for 36 months (or, in some cases, 12 months).

Requirements of Maltese citizenship by naturalization

• Everyone who wants to apply must be at least 18 years old.
• The minimum amount of money you have to invest is EUR 600,000 for a 36-month stay or EUR 750,000 for a 12-month stay.
• The money has to be put into government funds or property.
• The applicant must also buy a home in Malta for at least EUR 700,000 and live there for at least five years.
• The individual and their family must pass a due diligence process, which includes background checks and financial evaluations.

Processing Time

It takes about 12 to 18 months to get an answer.

In conclusion, the best way to become a citizen of Malta is through the Nomad Residency Program or the Startup Program. The Residence by Investment scheme is for people who have a lot of money and don’t have to live in Malta to get citizenship.

Conclusion:

In conclusion, Malta offers a variety of ways for people to become citizens, taking into account different levels of income and lifestyle choices. The Nomad Residency Program and the Startup Program stand out as good choices because they stress flexibility and business possibilities. On the other hand, the Residence by Investment plan is best for people who have a lot of money but not much time to live in Malta. If you want to become a citizen of Malta in 2024, you need to know what you need to do and how long the process will take.

Frequently Asked Questions: