Overview of Malta

The Maltese archipelago lies virtually at the centre of the Mediterranean and consists of three islands : Malta, Gozo and Comino, with a total population of over 400,000 inhabitants occupying an area of 316 km2.. Malta is the largest island and the cultural, commercial and administrative center. Gozo is the second largest island and is more rural, characterized by fishing, tourism, crafts and agriculture. The national language is Maltese but the official language of the country is both Maltese and English. Malta has an excellent climate, friendly people, and a very low crime rate and is neutral, stable and safe.

While Malta has a high standard of living, comparable to other European countries of the Mediterranean region, the cost of living is generally lower than in Europe. It is therefore possible to live a comfortable life with lesser expenses. Life is more laid back than in Europe, and particularly in Gozo the pace of life is slow and relaxed and the charm of this little island is difficult to get away from. The crime rate is very low, drug abuse is still very limited and is not a problem. Children can be very safely brought up and there is a general care and awareness given by the people to children and elderly persons, particularly where foreigners are concerned. Most foreigners who come to live in Malta are surprised at the help and attention they are given by the local population.

The warm climate is a particular attraction to persons coming from colder regions of the world. Particularly in spring and autumn Malta is an excellent place to be.

The work force in Malta is English speaking, motivated and well educated. Malta grants incentives to foreign persons or companies setting up business in Malta, including low rents for factories and low interest loans. Besides this, its strategic location, excellent international trade relations and a good quality of life make it one of the most attractive places for business in the Mediterranean.

Malta Citizenship-by-Investment Overview

The Malta Individual Investor Program (MIIP), which Henley & Partners was contracted in 2014 by the Government of Malta to design and implement, is the most modern citizenship-by-investment program. The MIIP is the newest addition to the global citizenship-by-investment portfolio and offers clients the opportunity to gain Maltese, and therefore European Union (EU), citizenship.

Benefits of Malta Citizenship

  • The right to live, work and study in any of the 28 EU countries and Switzerland
  • Travel visa-free to 182 countries, including the EU and Canada
  • World’s strictest due diligence standards and vetting of applicants, thus ensuring only highly respectable applicants will be admitted
  • Citizenship of a well-respected EU country
  • Reasonable contribution and efficient application process
  • Malta is an attractive place to live or to own a second home and is strategically located with excellent air links

Route to Malta Citizenship

The Malta program includes three financial requirements:

  • 1. A contribution to the development of Malta
  • 2. A purchase of stocks/bonds
  • 3. A property transaction

The combined upfront financial requirement, including applicable government charges and citizenship application fees, is just under EUR 900,000. These costs will increase slightly depending on the family size.

Property Rental Property Purchase
Financial requirements Gov. and processing fees Financialrequirements Gov. and processing fees
Single applicant EUR 650,000 donation
EUR 150,000 stocks/bonds
EUR 16,000 p.a. property renta
12-15% EUR 650,000 donation
EUR 150,000 stocks/bonds
EUR 350,000 property purchase
9-12%
Married couple EUR 675,000 donation
EUR 150,000 stocks/bonds
EUR 16,000 p.a. property rental
12-15% EUR 675,000 donation
EUR 150,000 stocks/bonds
EUR 350,000 property purchase
9-12%

Should you have any questions or if you would like a detailed break-down of the exact costs for your family, kindly contact us and we will be delighted to help.

For procedures and cost, please e-mail u at info@edumig.com or call us at 01900010030