Malta Citizenship by Investment – Individual Investor Programme (IIP)
Malta Citizenship by Investment
Individual Investor Programme (IIP)
The Government of Malta has recently reached an agreement with the EU Commission on the Individual Investor Programme (IIP) which allows Malta to grant Maltese citizenship by investment to foreign individuals and their families.
The new citizenship programme – Malta Individual Investor Programme – is aimed at high net worth individuals and families wishing to secure citizenship of an EU member state with high standards of living.
The IIP grants Maltese residency to suitable applicants who qualify under the strict due diligence standards and vetting process, and who make a significant contribution to the economic development of Malta via the National Development Fund established by the Government.
Eligible persons will be required to meet the following minimum requirements:
- Contribute at least €650,000 to the Maltese National Development and Social Fund;
- Hold a property in Malta (of a value of minimum €350,000 if purchased or annual payments of minimum €16,000 if rented) for a period of at least five years;
- Invest at least €150,000 in local stocks, bonds, debentures, special purpose vehicles or other investments accepted by Identity Malta for a period of at least five years.
Individuals must satisfy a residency requirement of a minimum period of 12 months and will be subject to extensive due diligence checks, including a personal interview before naturalisation is granted.