Malta Citizenship
The Republic of Malta is a Southern European country located in the Mediterranean Sea. The island nation is home to just under 500,000 people. Its land mass is only about 122 square miles. The density of the population has contributed to the development of a rich culture in Malta.
The Maltese government released the Global Resident Program in 2013. In addition to the Malta Ordinary Residence Scheme (for EU nationals), the High Net Worth Individuals Rule, the Malta Retirement Programme, the Qualifying Employment in Innovation and Creativity Rules, and the Highly Qualified Persons Rules which already existed, the Global Resident Program has some significant advantages with its investing huge program
Benefits
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Main applicant can apply for his spouse and children between 18 and 26 years not married and his parents or his spouse parents over 55 years
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Visa free travel to Schengen countries.
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Entitlement to a work permit.
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Presidential Republic based on English Common Law.
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No tax on foreign sourced income.
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No requirement to renounce your current citizenship.
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No property taxes.
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Approximately 90 days to approval.
Eligibilities
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All applicants must hold a valid passport.
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All applicants should not be convicted in a criminal record
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Successfully pass due diligence checks
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All applicants must have medical examination
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Confirmed investment sources
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All applicant must not have been rejected from any visa in Schengen and UK countries
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The applicant must be in good health
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Proof of annual income of 100,000 Euro OR a net worth of not less than 500,000 Euro.
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The Applicants must speak English or Maltese.
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There is a residency requirement of six months per year.
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The property investment requirement is in the €275,000 range for purchase, or €9,600 per month.
Steps
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The Company will pre-screen your application before it goes to the government for review.
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Down payment for professional fees is required.
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Experts from the Company will act as your advisors and will assist you in gathering the documentation required by the government.
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The Company property investment professionals help you select the right asset for your investment.
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You pay a one-time administrative fee of EUR 5,500.
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Documents are submitted to the government, and those requiring due diligence have this performed.
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The government renders a verdict on the application and issues an “approval in principle” document.
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You pay the remaining administrative fee. Property purchase or rental is completed. Your investment in bonds is completed.
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You visit Malta where you submit fingerprints, biometric information and photographs at the consulate
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Final documents are delivered to you
Documents Required
1- Valid passport
2- Identity card.
3- Police certificate from state of origin and Country of residence.
4 -Personal 6 colored photos (40mm x 50 mm)
5. Birth Certificate.
6. 1 year Bank Statement.