With an astonishing Mediterranean climate that comes with mild winters & sunny summers perfectly situated on the tectonic plate between Sicily and North Africa, the Maltese archipelago stands as an economically vibrant business hub for investors looking to receive clients from Italy, Greece & all across Europe. Malta is classified as an advanced economy according to the International Monetary Fund. The exotic island view & stunning historical monuments in the country makes it a go-to-spot for the rich & mighty when looking for a calm & luxurious vacation spot.
Malta’s citizenship by investment program known as the Malta Individual Investor Programme (MIIP) offers very successful individuals & families worldwide citizenship in a highly respected EU Member Country.
Malta has been a member state of the Commonwealth of Nations and the United Nations since 1964. The country has always enjoyed a stable political climate, bi-partisan political scene, growing economy, and has some of the soundest banks in the world.
1. FINANCIAL CONTRIBUTION
Individuals & families applying to the Malta Individual Investor Program must make a significant non-refundable contribution to the National Development and Social Fund set up by the Government of Malta.
The fund finances projects in the country linked to healthcare, education, job creation, social improvement, and innovation. The following contributions must be made within four months of being issued a MIIP Letter of Approval in Principle:
Applicants must commit to retaining an immovable residence in Malta for a minimum time period of five years.
This can be done by either buying a property in Malta for at least €350,000 and maintaining ownership for 5+ years, or by leasing a property for 5 years or more with a minimum annual rent of €16,000.
Applicants must provide evidence of owning or leasing a property on the islands within four months of receiving a citizenship Malta Letter of Approval in Principle.
Applicants are required to invest at least €150,000 in government-approved financial instruments (bonds, stocks, and debentures that benefit the nation) and must commit to keeping the investment for at least five years.
Cersèi Partners is Africa’s leading citizenship by Investment firm with HQ in Banana Island, Lagos and operations in Kenya, South Africa, Republic of Vanuatu and United Kingdom.