Malta is the first European country that offers the fastest Citizenship program. Malta Citizenship can be obtained in two ways. 1) Citizenship by Naturalization. 2) Citizenship by Residency to become a Malta Citizen. Malta offers Europe’s fastest route to citizenship. This post will shed light on the Malta Citizenship Process 2023. To become a Citizen of Malta, read the details below.
Malta is a European country and a member of the Schengen country. This means you can also travel to other EU countries without a Visa. Malta Passport ranked 4th best in the world. It allows 188 Visa-Free destinations. In our previous post, we discussed the Malta Work Visa Process 2023. Non-EU citizens can apply for the Malta Permanent Residence Programme.
Details About Malta Citizenship Process 2023
Let’s discuss directly the requirements of the Malta Citizenship program:
1) Malta Citizenship through Residence by Investment
The Malta Residency by Investment is one of the popular Malta Permanent Residence Programmes. The (MPRP) is a straightforward residency by-investment program based on investment in property. You don’t need to stay in Malta to get citizenship.
Processing Time: Promise of 4 to 6 months of processing time from the submission of a complete and correct application.
Benefits
- No residence requirement.
- Right to reside Permanently in Malta.
- Enjoy Visa-free travel across Schengen.
- penetrate Malta’s affordable real estate market.
- may include up to four generations in an application.
Requirements of Malta Residence by Investment Program
To be eligible for the Malta permanent residency program:
- be third-country nationals, non-EU, non-EEA, and non-Swiss.
- Stable and regular financial resources.
- The main applicant must be at least 18 years of age
- Show they have capital assets of not less than €500,000, out of which a minimum of €150,000 must be financial assets.
To Participate in the Malta permanent residency program, applicants must:
- Submit an application via a Licensed Agent.
- Pay a non-refundable administrative fee of €40,000.
- Rent a property for a minimum of €10,000 in the South of Malta/Gozo or €12,000 in the rest of Malta OR
- Purchase a property for a minimum value of €300,000 in the South of Malta/Gozo or €350,000 in the rest of Malta.
- Pay a Government contribution of €28,000 if purchasing a property or €58,000 if leasing a property.
- Pay an additional €7,500 for each additional adult dependent (except for the spouse).
- hold the qualifying property for a minimum period of 5 years after which a residential address is required.
- Make a donation of €2,000 to a local philanthropic, cultural, scientific, artistic, sport, or animal welfare NGO registered with the Commissioner of Voluntary Organisations.
- be in possession of a valid travel document.
- Take out a sickness insurance policy to cover all risks across Malta;
- Take out travel insurance when traveling across Schengen.
To Apply for Malta Citizenship through residency by investment please the official Malta Government agency website. This includes complete details about the Malta Citizenship Process 2023. All forms, agent names, and helpful guides are available on that website.
Other Maltese Residency Programs
The below two methods are some of the easiest, and cheapest ways to become a citizen of Malta by residency.
- Digital Nomad Visa Residency
- Startup Residence Programme
Malta Startup Residence Programme
The Malta Startup Residence Programme grants a 3-year residence permit, extendable for an additional 5 years, during which beneficiaries are able to reside in Malta while launching their startup venture.
If you are interested in this kind of residency program in Malta then please visit the Malta Startup Residence Programme website.
2) Malta Citizenship by Naturalization
Malta Citizenship by Naturalisation can be obtained by residing in Malta for a period of 36 months (or, by exception, 12 months).
Requirements of Maltese citizenship by naturalization
- A minimum age of 18 years for all applicants
- The minimum investment amount is EUR 600,000 for a 36-month residence period or EUR 750,000 for a 12-month residence period.
- The investment must be made in government bonds or real estate.
- The applicant must also purchase a residential property in Malta of at least EUR 700,000, which must be held for five years.
- The applicant and their family must pass a due diligence process, which includes background checks and financial assessments.
Processing Time
The application process takes about 12-18 months.
In Conclusion: Malta’s Citizenship by Nomad Residency program or Startup program is the best way to get Malta Citizenship. The Residence by Investment program is for those who can easily afford and get citizenship without living in Malta.
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