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New rules for Malta RE Investments
By virtue of Legal Notice 437 (November 2020) the Granting of Citizenship for Exceptional Services Regulations has been launched.
It substitutes the Malta Individual Investors Program (2014) and the Grant of Citizenship for Exceptional Services Regulations (2017).
Two Naturalisation categories are now considered, by Merit or by Direct Investment.
The law establishes eligibility criteria to be satisfied before the approval to submit the full citizenship application. It is important to note that this stage attracts fees due to the Community Malta Agency - a newly established Agency to process these applications.
Naturalisation for Exceptional Services by Merit
The application for naturalisation for exceptional services by merit must be accompanied by: The authorisation from the Agency that (a full application may be submitted); Proof of residence in Malta for 8 months; Title to residential property; Two recommendations from sponsors; The necessary administration fees.
An application by merit may be based on an exceptional contribution to the Republic of Malta or an exceptional contribution to humanity or exceptional interest to the Republic of Malta.
Naturalisation for Exceptional Services by Direct Investment
In addition to the eligibility criteria, the application for naturalisation for exceptional services by direct investment must be accompanied by the following: Proof of residence for 36 months but may be reduced to 12 months (there would attract a €600,000 or €750,000 contribution respectively for the main applicant and €50,000 for each dependent); A property valued at €700,000 if purchased and if leased a value of at least €16,000/ annum. All property must be maintained for 5 years; The application must provide an undertaking to carry out an exceptional investment; The application must provide an undertaking to donate at least €10,000 to a registered philanthropic, cultural, sport, scientific, animal welfare or artistic NGO.
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New rules for Malta RE Investments
By virtue of Legal Notice 437 (November 2020) the Granting of Citizenship for Exceptional Services Regulations has been launched.
It substitutes the Malta Individual Investors Program (2014) and the Grant of Citizenship for Exceptional Services Regulations (2017).
Two Naturalisation categories are now considered, by Merit or by Direct Investment.
The law establishes eligibility criteria to be satisfied before the approval to submit the full citizenship application. It is important to note that this stage attracts fees due to the Community Malta Agency - a newly established Agency to process these applications.
Naturalisation for Exceptional Services by Merit
The application for naturalisation for exceptional services by merit must be accompanied by: The authorisation from the Agency that (a full application may be submitted); Proof of residence in Malta for 8 months; Title to residential property; Two recommendations from sponsors; The necessary administration fees.
An application by merit may be based on an exceptional contribution to the Republic of Malta or an exceptional contribution to humanity or exceptional interest to the Republic of Malta.
Naturalisation for Exceptional Services by Direct Investment
In addition to the eligibility criteria, the application for naturalisation for exceptional services by direct investment must be accompanied by the following: Proof of residence for 36 months but may be reduced to 12 months (there would attract a €600,000 or €750,000 contribution respectively for the main applicant and €50,000 for each dependent); A property valued at €700,000 if purchased and if leased a value of at least €16,000/ annum. All property must be maintained for 5 years; The application must provide an undertaking to carry out an exceptional investment; The application must provide an undertaking to donate at least €10,000 to a registered philanthropic, cultural, sport, scientific, animal welfare or artistic NGO.
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New rules for Malta RE Investments
By virtue of Legal Notice 437 (November 2020) the Granting of Citizenship for Exceptional Services Regulations has been launched.
It substitutes the Malta Individual Investors Program (2014) and the Grant of Citizenship for Exceptional Services Regulations (2017).
Two Naturalisation categories are now considered, by Merit or by Direct Investment.
The law establishes eligibility criteria to be satisfied before the approval to submit the full citizenship application. It is important to note that this stage attracts fees due to the Community Malta Agency - a newly established Agency to process these applications.
Naturalisation for Exceptional Services by Merit
The application for naturalisation for exceptional services by merit must be accompanied by: The authorisation from the Agency that (a full application may be submitted); Proof of residence in Malta for 8 months; Title to residential property; Two recommendations from sponsors; The necessary administration fees.
An application by merit may be based on an exceptional contribution to the Republic of Malta or an exceptional contribution to humanity or exceptional interest to the Republic of Malta.
Naturalisation for Exceptional Services by Direct Investment
In addition to the eligibility criteria, the application for naturalisation for exceptional services by direct investment must be accompanied by the following: Proof of residence for 36 months but may be reduced to 12 months (there would attract a €600,000 or €750,000 contribution respectively for the main applicant and €50,000 for each dependent); A property valued at €700,000 if purchased and if leased a value of at least €16,000/ annum. All property must be maintained for 5 years; The application must provide an undertaking to carry out an exceptional investment; The application must provide an undertaking to donate at least €10,000 to a registered philanthropic, cultural, sport, scientific, animal welfare or artistic NGO.
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