Questions & Answers

What are the Malta IIP Program residency requirements for my family?

I will be applying to the IIP program and will move to Malta before my family can join me, as our child will finish the school year at home. Since I am the principal applicant, what residency requirements will my family need to meet?

Answers

• Mark Attard

  Malta Individual Investor Programme Agent

  Answered on February 28, 2018

  Below are outlined some of the general requirements for the main applicant to be issued a certificate of naturalization are as follow: 1) the applicant must be at least 18 years of age. 2) The applicant must be resident in Malta for a period of 12 months preceding the issuing of a certificate of naturalization. This involves the main applicant being in possession of a Maltese e-Residence card. 3) The individual is required to make a contribution to the economic development of Malta through the payment of a non-refundable contribution (as per the brochure) to the Malta National Development & Social Fund. 4) The applicant must be in possession of a health insurance policy. 5) The applicant must either acquire a real estate in Malta with a minimum value of €350,000; or lease a residential immovable property in Malta at an annual rent of at least €16,000. 6) The principal applicant must make investments in Malta to an amount of €150,000 in investment vehicles. Individuals wishing to pursue a Maltese Citizenship by Investment must be represented by an Accredited Person that is a licensed Maltese Authorised Registered Mandatory (ARM) such as BDO Malta. It is important to note that applicants are subject to a thorough due diligence process which guarantees that only reputable applicants acquire Maltese citizenship. This process can be facilitated by engaging our firm in order to assist and guide you in respect of the documentation required on you as the principal applicant and all your dependents.