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How much does it cost to become a Maltese citizen?
Malta, which has been offering citizenship to foreign nationals in return for investment since 2014, includes among its requirements an investment of $720,000 and a three-year residence period, or $900,000 and a 12-month residence period under exceptional circumstances.
How much does Malta passport cost?
| Maltese passport | |
|---|---|
| Purpose | Identification |
| Eligibility | Maltese citizenship |
| Expiration | 10 years |
| Cost | €70-80 (applicants aged 16 and over; higher fee applies April to August) €40 (applicants aged 10 to 15) €16 (applicants under 4) |
What are the benefits of having a Maltese passport?
Benefits of Maltese citizenship
- Visa-free or visa-on-arrival travel to 185 destinations.
- Access to a transparent and reputable financial centre and a prime jurisdiction for international business.
- World’s strictest due diligence standards and vetting of applicants, thus ensuring only highly respectable applicants.
Does having a passport make you a citizen?
A passport is evidence of citizenship and also serves as a travel document if you need to travel.
Can I buy citizenship in Malta?
It is possible to acquire Malta citizenship through a qualifying investment. In order to do this, you must make three separate investments. Firstly, you must make an exceptional direct investment of a minimum of €600,000 or €750,000 for the main applicant, depending on the residence period selected (12 or 36 months).
How can I get Malta citizenship?
Eligibility for Malta Citizenship by Investment
- You have to be 18 years old or more.
- An investment of at least €600,000 if you have completed 36 months of residency in Malta or €750,000 after residing in the country for 12 months.
How powerful is a Maltese passport?
The Maltese passport is the 8th most powerful in the world. The Mediterranean island tied with Greece, Croatia and Australia, with a total of 184 countries giving Maltese passport holders access.
Which country gives easily citizenship?
Ecuador. Ecuador joins countries where Indians easily get citizenship due to their citizenship by investment programme. It’s a small but developing country in the top west coast of South America having immense tourism and economic potential.
How much does it cost to become a citizen of Malta?
(a) Due diligence fees – €5,000 for the main applicant, €15,000 for the benefactor (if applicable) and €10,000 per dependant aged 13 years old and above (paid directly to the Agency) After 12 months or 36 months from your residency stage, you can submit your Malta citizenship application to the CMA.
How much does it cost to get a Maltese passport?
EUR 50,000 for every dependant parent above the age of 55. The Due Diligence Fees payable to Identity Malta: EUR 5,000 for every dependant parent above the age of 55. EUR 500 per passport. The bank charges fee due per application is of EUR 200.
How powerful is Malta’s passport?
On a global passport power rank scale, Malta’s passport is incredibly powerful, ranking 8th in the world. Contrary to popular belief, Malta doesn’t do a ‘passport for sale’ scheme. However, it’s possible to obtain Maltese citizenship by making a qualifying investment in the nation — starting from €690,000 + costs.
How does the citizenship by investment scheme work in Malta?
Malta’s passport is one of the strongest in the world, so being issue one is considered one of the biggest pluses of the citizenship by investment scheme. Because the program offers full Maltese citizenship (rather than just permanent residence) all those who qualify get a passport from the Maltese government once they’re approved.