How to Get Malta's $1,000,000 Citizenship

Summary

The video script discusses the benefits of obtaining Maltese citizenship through investment, highlighting its Tier A passport ranking for travel freedom. It outlines the process, including residency application, eligibility checks, and direct investment requirements, emphasizing the EU's freedom of movement, education, and business opportunities. It also touches on tax benefits, healthcare access, and safety for families, concluding that despite its high cost, the program offers significant advantages.

Takeaways

• 🇲🇹 Malta offers a citizenship by investment program that can be completed in one or three years.
• 📊 The Maltese passport is ranked as a Tier A passport, offering high travel freedom with visa-free access to over 180 countries including the US, Canada, UK, and Australia.
• 🏡 There is no physical presence or language requirement for obtaining Maltese citizenship.
• 📚 The program includes a FastTrack naturalization process, resulting in a certificate of naturalization rather than direct citizenship by investment.
• 👨‍👩‍👧‍👦 EU citizenship allows for living and working anywhere in the EU, as well as access to education and healthcare systems across member countries.
• 💼 The Maltese taxation system is advantageous for those with a Maltese passport, particularly with a territorial tax system for non-residents and a corporate tax structure that offers refunds.
• 🏠 Real estate investment is a key component of the program, requiring either the purchase or rental of property for a minimum of five years.
• 💰 The investment amounts vary between the one-year and three-year paths, with higher initial payments for the faster route.
• 👪 Additional family members can be included in the application, with extra costs for spouses, children, and financially dependent parents or grandparents.
• 🔍 The application process involves rigorous due diligence, including checks for criminal records, health status, and financial stability.
• 🛡️ Malta is known for its safety, ranking as one of the top countries for raising a family and being the second safest country for women.

Q & A

What is the ranking of the Malta passport in terms of freedom of travel?

The Malta passport is ranked as Tier A and is considered one of the best passports for freedom of travel, currently ranked eighth.

How does Malta offer citizenship through investment?

Malta is the only EU country that offers a path to citizenship through investment, which can be achieved in a year or 3 years depending on the chosen route.

What are the benefits of having a Malta passport apart from the freedom of travel?

Benefits of having a Malta passport include no physical presence requirement, no language requirement test, the ability to live and work anywhere in the EU, and access to the healthcare system.

What is the difference between the one-year and three-year routes for obtaining Malta citizenship through investment?

The one-year route requires a direct investment of €700,000, a charity donation of €10,000, and a real estate investment. The three-year route requires the same charity donation and real estate investment but a lower direct investment of €600,000.

What is the FastTrack naturalization process mentioned in the script?

The FastTrack naturalization process is a part of the Malta citizenship by investment program, which allows for accelerated citizenship in a year or three-year period.

How does the Malta passport benefit US citizens who are looking to renounce their US citizenship?

The Malta passport is beneficial for US citizens looking to renounce because it offers visa-free travel to the US, allowing them to visit the country without restrictions.

What are the educational benefits for children with a Malta passport?

With a Malta passport, children have the right to be educated in any EU country, including access to elementary schools, high schools, and universities.

What are the requirements for adding family members to the Malta citizenship application?

To add family members, additional fees are required: €50,000 for a spouse, the same amount for children, and an extra €500,000 for parents or grandparents if they are financially dependent on the main applicant.

What are some of the eligibility criteria for obtaining Malta citizenship?

Eligibility criteria include being at least 18 years old, having a clean criminal record, being in good health with global health coverage, and not being a threat to Malta or having been rejected for a visa to a country with visa-free access to Malta.

How does the taxation system work for Malta residents and citizens?

Malta has a territorial taxation system for non-residents, taxing only income made and remitted to Malta. Citizens living in Malta are subject to worldwide taxation, with income tax rates ranging from 0% to 35%. Corporate tax is 35%, with a refundable 30%, resulting in an effective 5% tax rate.

What is the process for applying for Malta citizenship through investment?

The process involves applying for residency, providing necessary documents, making the required investments, going through an eligibility stage with due diligence, and finally obtaining citizenship and a passport after making the direct investment.

Outlines

00:00

🇲🇹 Malta Citizenship by Investment Program

The video script introduces the Malta Individual Investor Programme (MIIP), a unique EU citizenship by investment program. It offers a path to citizenship within one to three years, depending on the chosen route. The program is characterized by its Tier A passport, which provides visa-free travel to over 180 countries, including the US, Canada, UK, and Australia. Key benefits include no physical presence or language requirements, the right to live and work anywhere in the EU, access to the EU's education system, and the ability to enter and exit Malta freely. The script also highlights Malta's healthcare system, safety, and the possibility of including family members in the application. The eligibility criteria and investment requirements are outlined, emphasizing the need for a clean criminal record, good health, and financial self-sufficiency.

05:00

📋 Application Process and Investment Routes

This paragraph delves into the specifics of the application process for Malta citizenship, detailing the two investment routes available: a one-year and a three-year path. The one-year route requires a direct investment of €700,000 after approval, a charity donation of €10,000 upfront, and a real estate investment through purchase or rental. The three-year route involves a direct donation of €600,000 for a single applicant, with additional costs for family members. The paragraph also discusses the eligibility criteria, emphasizing the importance of being at least 18 years old, having a clean criminal record, and being in good health with global health coverage. It outlines the stages of the application process, including residency, eligibility, and citizenship, and the importance of maintaining investments for the duration of the program.

10:01

💼 Taxation, Residency, and Post-Citizenship Considerations

The final paragraph addresses the taxation system in Malta for citizens and residents, highlighting the territorial taxation for non-residents and worldwide taxation for residents. It explains the corporate tax system, where a 35% tax rate is applied with a 30% refund, effectively resulting in a 5% tax rate. The script also mentions a tax residency program with a flat tax rate of €15,000 for those with real estate in Malta. Post-citizenship, it is noted that the real estate investment cannot be sold for five years to maintain citizenship. The paragraph concludes by emphasizing the comprehensive benefits of the Malta citizenship program and encourages considering the value it offers despite its high cost.

Keywords

💡Passport

A passport is an official travel document that certifies the identity and nationality of its holder for the purpose of international travel. In the context of the video, it emphasizes the importance of a 'Tier A' passport from Malta, which is highly ranked for travel freedom and offers visa-free access to many countries.

💡Malta

Malta is a country in the European Union that offers citizenship through investment. The video discusses the benefits of obtaining Maltese citizenship, such as the ability to live and work anywhere in the EU and having a highly-ranked passport for travel.

💡Citizenship by Investment

Citizenship by Investment (CBI) is a program where individuals can obtain citizenship in a country by making a significant financial investment. The video explains that Malta is unique in the EU for offering such a program, with different routes and investment amounts.

💡Freedom of Travel

Freedom of travel refers to the ability to move across international borders without the need for a visa. The video highlights that the Maltese passport provides this benefit, allowing visa-free travel to over 180 destinations, including the US, Canada, and the UK.

💡EU (European Union)

The European Union is a political and economic union of 27 member states that are located primarily in Europe. The video mentions the benefits of Maltese citizenship in the context of the EU, such as the right to live, work, and study in any EU country.

💡Investment Program

An investment program, in this context, refers to the financial contributions required to apply for Maltese citizenship. The video outlines the different investment paths, including direct investments, charity donations, and real estate investments.

💡Residency

Residency is the status of living permanently or temporarily in a particular place. The video describes the process of applying for residency in Malta as a preliminary step towards obtaining citizenship, which involves various investments and documentation.

💡Dual Diligence

Dual diligence refers to the thorough investigation and verification process conducted by the Maltese government to ensure the eligibility of citizenship applicants. The video mentions this as a rigorous part of the application process to prevent any potential risks or issues.

💡Taxation System

The taxation system refers to the rules and laws governing the levying of taxes. The video touches on the Maltese taxation system, explaining that it offers benefits to citizens and residents, such as a territorial tax system and a corporate tax refund scheme.

💡Healthcare System

A healthcare system is the organization responsible for providing healthcare services to a population. The video mentions that Maltese citizenship includes access to the country's healthcare system, which is a significant benefit for residents and citizens.

💡Safe Country

A safe country is one that is considered secure and has a low crime rate. The video notes that Malta is ranked as one of the safest countries in the world, particularly for women, making it an attractive place to live and raise a family.

Highlights

Malta offers a unique path to EU citizenship through investment within a year or 3 years.

Maltese passport is ranked as a Tier A passport with high freedom of travel.

No physical presence or language requirement for obtaining Malta citizenship.

The program combines aspects of investment, naturalization, and citizenship by naturalization.

Maltese passport holders can live and work anywhere in the EU without restrictions.

Malta has visa-free travel to the US, beneficial for US citizens looking to renounce their citizenship.

With a Maltese passport, one can travel to over 180 destinations without a visa.

Malta's taxation system is advantageous for business and personal financial planning.

Education opportunities for children with a Maltese passport are extensive across the EU.

Maltese citizens have the right to enter and exit Malta at any time, even during crises.

Malta's healthcare system is accessible to citizens and is considered one of the best globally.

Malta is recognized as one of the safest countries to raise a family and for women.

The application process for Maltese citizenship includes two distinct investment paths.

Investment amounts and timelines vary between the one-year and three-year routes.

Adding family members to the application incurs additional costs and requirements.

Eligibility for Maltese citizenship is stringent, with age, criminal record, and health considerations.

Applicants must prove financial support for dependents to include them in the application.

Maltese law focuses on ineligibility factors more than eligibility for citizenship.

The application process is complex and involves stages of residency, eligibility, and citizenship.

Maltese citizenship requires maintaining real estate investments for a minimum of 5 years.

Malta operates a territorial taxation system for non-residents and worldwide taxation for residents.

Corporate tax in Malta is 35%, with a refundable portion, effectively resulting in a 5% tax rate.

Malta's tax residency program offers a flat tax rate for residents with real estate in the country.

Transcripts

let's talk about a very important and

very good tier a passport currently

ranked as eight when it comes to freedom

of travel that you can get in a

year hi everyone I'm Adana from n

capitalist where we help people to go

where the trat at best let's talk about

Malta Malta is the only country in the

EU that offers you a path to get their

citizenship through investment in a year

or 3 years depending on their route good

thing about Malta citizenship is apart

from being a TR passport and we will go

into some of the benefits a bit later

there is no physical presence

requirement there is not no language

requirement test for getting Malta

citizenship officially this program is C

investment program however you would

actually get a certificate of

neutralization so this is something as a

combination between censorship

investment and censorship by

naturalization and if we're looking at

as it is sorship by naturalization it's

a FastTrack naturalization process again

that you can get in a year or three-year

period M passport is definitely a TI a

pass passport so you get a apart from

the Visa free travel that we will talkit

about a bit later it's a part of the EU

when you get the M passport you're have

to live in Malta you can live anywhere

in the EU and you can work anywhere in

the EU that's a very valuable asset and

again this is the only EU country that

offers this kind of program if you are a

US citizen who are looking to who is

looking to renounce this is one of the

best possible passports that you can get

and the reason for that is that Malta

has a Visa free travel to the US so all

of you know that when you're announce

there is a minimum possibility chance to

go back to the US but if you have a

passport that has a Visa free travel

then you're are all good to go similar

to what I mentioned one of the benefits

of getting MTI passport is again the

part of the EU so once again you can go

and you can live anywhere in the EU and

you can travel freely within the shenen

area and the EU another part is again

Visa free travel so with the multi

passport you can travel to 180 plus

destinations without a need for a Visa

this would include Australia US Canada

UK Ireland and others the third one is

the taxation system and we'll discuss

that a bit later on because I don't want

to overwhelm you now with all the

information the fourth one is the

education for children with the maltes

passport you do not only have the right

to educate your children within Malta

but you can do it anywhere in the EU

this does not only include elementary

school and high school that same the

same stands for the universities as well

so if you want to enroll your children

in the University you can easily do do

that by in any EU country around the

world and it's quite easier than for

example doing that if you're a US

citizen or a Canadian one the fifth one

is doing business and working inside of

the EU with all this passport you do do

not only have rights to work or doing

business inside of Malta but you can do

that anywhere in the EU of course there

are some taxation things that you would

have to uh research and make sure that

you're being um compliant with but this

is not something that would be a deal

breaker of course having the maltes

passport um you can come at Malta at any

time and you can leave Malta anytime we

all thought how important important that

is during the covid time when the bges

are closed and when you got locked in

one country Malta of course as similar

to every mostly every other country in

the world but if you're a citizen of

that country you have the right to enter

and to exit at any time Malta also has a

very good Healthcare System with MTI

password you would have access to the

healthcare system however one of the

requirements to actually get the MTI

citizenship is to actually get the

global coverage when it comes to the

healthare there are a lot of agencies

and companies worldwide that can help

you get this but this is unfortunately

one of the requirements of course later

on you get access to the healthc care

system but at least until you apply for

citizenship you do need to have this

Malta is one of the safest country to

raise your family and apart from that

Malta is currently ranked the second

country in the world as a safest country

for women and finally we will discuss

this a bit later as well but uh one of

the F benefits is the possibility to get

CIP for your family members as well and

not only you now that we talked about

some of the benefits on why you should

have it and why is good to have the

multi passport let's talk about what are

some of the steps that you need to take

in order to make that happen one of the

most important things for you to know is

that there are two paths that you can

choose on how to get multi citizenship

the paths are different when it comes to

the investment amount and when it comes

to the timeline if you choose the

one-year route then you need to make

three Investments the first investment

would be the direct investment so with

the direct investment you need to uh pay

€700,000

for only your yourself if you're a

single applicant the good thing is this

is only paid after the approval so you

don't need to pay that in advance the

second investment path is to pay the

charity donation of €10,000 which is pay

immediately and the third one is the

real estate investment you need to

either purchase an real estate worth of

€700,000 and hold it for a period of

minimum of 5 years or you can rent a

property for at least 5 years and pay

the annual rent of at least €16,000 if

you decide to go down the three years

path then the two Investments Remains

the Same the first one would be the

charity donation of €10,000 the second

one would be real estate so either

purchase a real estate worth of €700,000

or rent a property for at least 5 years

with a minimum annual rent of1 16,000

the only thing that changes apart from

the timeline of course is the direct

donation for three years route you need

to pay €600,000 for a single applicant

now if you want to add your family to

your application for a spouse you would

need to add 50,000 to the direct

investment if you want to add your

children to it you would need to pay

again

50,000 and if you want to add your

parents or grandparents if they're again

considered eligible you would also need

to pay additional 500,000 to the direct

investment children and parents or

grandparents are usually deemed eligible

to be your dependence in case that they

are financially dependent on you now

they won't take your word on it you

actually need to prove that they're

financially dependent on you so you need

to prove that you're sending them some

amount of money on a monthly basis that

you're paying their rents that you're

paying their bills and so on this would

be considered as a proof that they can

be added to your application maltes law

are more concentrated or the things on

that would make you not eligible for

multi citizenship rather than the things

that would make you eligible but some of

the most important factors is you're

older than 18 years old maltes

government does not accept main

applicants that are um that are minors

so you would need to be at least 18

years old the second factor is to have a

you need to have a criminal record they

won't allow you to apply for multi

citizenship in case that you have

something in your criminal records

remember this is the EU so the

regulations the Dual diligence and

everything is much more harder than with

every other citizenship so this

something that you really need to take

care of and the third one is slightly

connected to the healthcare that I

mentioned earlier M these applicants

need to be considered in a good health

so again Malta of course wants to make

sure that you have your Global coverage

and you're not using the maltes

healthcare system for at least the

moment when you have a residency until

you get the citizenship of course you

would have access to the M's Healthcare

System but again one of the requirements

is to also have a global coverage some

of the factors that would make you

non-eligible is again to have a criminal

record to be a subject to some kind of

criminal investigation or for your

company to uh be a part of some lawsuits

or for you personally to be a part of

some lawsuits and apart from some other

things which would be for example if

Malta would consider you to be a threat

to their country one of the important

things is that you cannot get multi

citizenship if you have ever been

rejected u a visa to a country around

Malta has a visa-free travel access to

so this is one of the most important

things if you for example right now is

your US citizenship you try to apply for

a tourist visit to the US and you got

rejected you cannot apply for MTI

citizenship one of of the things that

you can do is to reapply for a tourist

visa in case that you get approved for

the US Visa you can apply for multi

citizenship and you can actually get it

application proc M citizenship is a bit

more complicated than other CBI

processes the reason why is because

again this is considered as a FASTT

track naturalization and not direct

citizenship by investment applying for

multi citizenship goes through three

different stages first thing that

actually you need to do when you want to

get multi citizenship is to apply for a

residency in order for you to do that

you need to get some of the basic

documents such as the birth certificate

fill out some of the forms perhaps give

the power of attorney to u to a lawyer

in Malta to prepare some of the basic

documents into schedule the appointment

for you and get the HealthCare coverage

pay the charitable donation of €10,000

and find the property whether for

purchase or for rent these two

Investments you need to get before you

apply for residency you will need a

proof for example a title lead or rental

agreement that you actually did that and

of course the proof of payment of a

charity donation of €10,000 when you get

this then you uh can go to the police

station in Malta together with your

lawyer and apply for residency residency

card is usually issued a week or two

maximum after the um after the

submission is uh takes place when you do

that you're entering the second stage

the second stage is the eligibility

stage this is the one of the one of the

most extensive parts of um applying for

multi citizenship this can take either a

year or 3 years it depends on the route

that you chose actually if you chose one

onee route you have less than 12 months

to collect all of the documents and to

submit your eligibility documents the

sooner you submit everything the sooner

you will get approval of course that

will not Happ happen sooner than a year

period but if you submit your documents

for example at the 11th month of your

residency your approval won't come uh

next month it will take time until they

conduct the Dual diligence and issue the

approval letter during this stage there

are a lot of documents that you need to

collect and again apart from some of the

basic ones like birth certificate marage

certificate and others uh one of the

most important part important documents

are source of wealth documents this is

the most difficult stage and of course

this is the stage to get rejected in

case that you're not eligible but during

this stage they can MTI government

conducts two or three stages or du of

due diligence to make sure that you are

eligible and that you can actually get

your multi passport after the 12th month

considering that you submitted the

eligibility documents on time you would

get the approval that is where your

entering the citizenship stage when you

get the approval you're entering the

final stage which is the citizenship

stage before you go to MDA to take the O

of allegiance to get or pick up your

citizenship certificate and to apply for

a passport there is only one thing that

you need to do and that is to make the

direct investment this would be either

750,000 if you chose the one-ear route

or €600,000 in in case that you chose

three years route when that is done you

can collect your proof of payment and

you can show it to the government

institution and you will get your

citizenship and you will get your

passport after that time just don't

forget that in case that you purchase a

real estate you cannot sell that real

estate in the in the next period of 5

years because otherwise your citizenship

will be cancelled good thing about Malta

is that if you are a resident or a

citizen that is not Dil in Malta Malta

then in that case has kind of a

territorial taxation system which means

that you would be taxed only for the

income that is made in Malta and that is

remitted to Malta but for the income

outside of Malta you won't pay any taxes

on it if if you are however a citizen of

Malta that lives in Malta then of course

you're subject to the worldwide taxation

income taxable can be either from 0% to

35% it all depends so of course you need

help for this one of the good thing

about Malta is again the corporate tax

as well if you incorporate the company

in Malta then you would pay a TA tax of

35% however 30% is refundable meaning

that at the end you would only have 5%

taxes to be paid malt on other hand has

a very good tax Residency program which

would basically mean that you pay a flat

tax rate of

15,000 in case that you have uh real

estate in Malta which again you can use

the one that you used for um for

citizenship in the first place all in

all even if it is one of the most

expensive citizenship investment

programs out there um you should really

think about all the benefits that you

can get and at the end of the day is

there a price tag to go where their

traded best