CITIZENSHIP BY INVESTMENT BLOG

Granting of Citizenship for Exceptional Services

Breaking News: November 20, 2020: Malta launches new citizenship regulations!

It’s official: Malta, a member of the European Union (EU), launched the country's new citizenship by investment regulation "Granting of Citizenship for Exceptional Services" last Friday!

The Granting of Citizenship for Exceptional Services Regulations, is replacing the successful Individual Investor (IIP) program which reached its quota in July of this year.

The new citizenship by investment regulation allows investors and their families, in marriage or in partnership, to receive Malta residency and citizenship on the basis of an investment to support Malta’s economic development.

The new investment requirements include all of the following:

1. Exceptional Direct Investment. The main applicant is required to make an Exceptional Direct Investment (non-refundable donation) in the amount of EUR 600,000 (36 months residency option) or EUR 750,000 (12 months residency option). The investment required for each additional dependent is EUR 50,000.

2. Philanthropic Donation. The main applicant must also make a philanthropic donation in the amount of EUR 10,000 to a registered philanthropic, cultural, sport, scientific, animal welfare, or artistic non-governmental organization.

3. Property Investment. The main applicant must also purchase or lease a property in Malta at a minimum of EUR 700,000 (property purchase) or EUR 16,000 per year (rental). The required holding period is five years from the date of receiving citizenship.

There are still some open questions to be addressed in an information session scheduled by the Malta government later this week, and we will keep you informed should you be interested in the new regulations.

Because immigration by investment programs can change over time please contact us to speak with an advisor or to receive a preliminary quotation. The information provided in this blog post is intended for educational and informational purposes only. It should not be construed as legal or financial advice.

Zenturo Ltd.

Residency & Citizenship by Investment Programs Worldwide

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Malta

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