Malta citizenship investment program comes with lots of benefits for entrepreneurs and investors who can meet different investment requirements to gain Maltese citizenship. Unlike other citizenship programs through investment, this scheme has a relatively quick processing time.
You need to be above 18 of age and have a clean criminal record to be eligible for applying for a Malta citizenship investment program. Besides, you need to fulfill a range of requirements to qualify for this scheme, such as the following:
- Fit & Proper Test
Anyone willing to apply for Malta citizenship must pass the “fit & proper” test to qualify for the program. This test involves thorough background checks to ensure that you hold sound moral standing in your country of origin. A “fit & proper” test is performed through Interpol checks as well as an international criminal court. You will also be required to submit a police certificate in your country of origin.
- Good Health
As an applicant for the Malta citizenship investment program, you need to show that you and your dependents are in good health. Also, all the applicants need to be covered by an international health insurance policy.
- Biometric Data
When it comes to applying for a Malta citizenship by investment program, it is a must for you and your dependents to submit your biometric data to the Maltese government.
- Financial Requirements
Many financial requirements that must be met to apply for Malta citizenship scheme include the following:
- You will make a non-refundable contribution of 650,000 euros to the Maltese National Development and Social Fund. You will also be making additional payments of 25,000 euros for your spouse and children under the age of 25 and 50,000 euros for your older children and parents.
- As the main applicant for the Malta citizenship program, you need to invest a minimum of 350,000 euros in real estate and maintain it for 5 years to maintain your Maltese citizenship. Moreover, you will invest 150,000 euros in government-approved bonds and shares.