Residency and Citizenship in Malta

Maltese citizenship and/or residence

Malta is a perfect channel through which non-EU nationals can enjoy access to Europe, where the resulting benefits can be endless.  Malta on its own is already a treasure of benefits let alone the entire Europe whereby business and employment opportunities are immense and through which ease of travelling would be as easy as possible.

While arguably Malta is so attractive to private individuals and their families, there is a common doubt whether one should opt for Maltese (EU) citizenship or residence.  The following are some points to keep in mind when faced which such doubts:

  • Maltese Citizenship
     

Becoming a Maltese citizen with a Maltese passport generally involves an application under the Individual Investor Programme (IIP).  Renowned as the world’s top citizenship programme, the IPP has already attracted successful interest of a number of individual and their families.  The main benefits of the IIP include:

  • The Maltese passport provides relatively easy travel to Africa and the Middle East and visa free travel to over 160 countries;

  • This is transmissible from one generation to another once obtained;

  • Access to high level business opportunities, educational and healthcare system across all Europe;

  • Possibility of combining this with very attractive tax regimes.  Particularly, Malta boosts a very beneficial remittance basis of taxation. 

 

  • Maltese Residence
     

Maltese residence could be obtained through numerous programmes some of them are fiscal, others non-fiscal or even through a combination of both.  The main residence programmes include: The Malta Residence and VISA Programme (MRVP) which is a non-fiscal programme aimed at non-EU nationals; The Global Residence Programme (GRP) which is a fiscal programme aimed at non-EU nationals; The Residence Programme (TRP) which is a fiscal programme aimed at EU nationals; and various other specific ones such as united pensions programme and the Malta residence programme.  The main benefits of any of these residence schemes include:
 

  • Access to high level business opportunities, educational and healthcare system across all Europe;

  • Free travelling within Europe’s Schengen area;

  • Possibility of combining this with very attractive tax regimes.  Particularly, Malta boosts a very beneficial remittance basis of taxation. 
     

All citizenship and residence programmes in Malta, require acquisition or rental of immovable property in Malta.  While this may be viewed as a mandatory requirement, real-estate in Malta is a long-term investment with expected high rates of return.  Between 2013 and 2016, property prices in Malta increased by a staggering 24.8% and this is expected to continue even further with people seeking to relocate to Malta on a daily basis.

We at NCMB Consulting can offer you the necessary legal advice and assistance in choosing the best ways to becoming a resident or citizen of Malta.   

info@ncmb.eu