Applicants cannot buy Maltese citizenship, nor will they receive citizenship for only investing in Malta real estate.
To receive Malta citizenship through an investment, you must buy or rent residential real estate in Malta, pay the government application fees, make a contribution to the Malta government, and make a donation to a non-governmental organization.
The minimum purchase price of Malta real estate is €700,000 to qualify for the Malta investment citizenship program. The minimum annual rental price for a Malta residential property is €16,000 per year.
The applicant can choose between buying or renting real estate in Malta. Any real estate must be held for a minimum of five years.
If you buy a property in a Special Designated Area (SDA) you may rent it out to generate income.
In addition to buying or leasing a personal residence in Malta, the applicant must make a contribution to the Malta government in the amount of €600,000 for the 36-months residency option, or €750,000 for the shorter 12-months residency option.
Investment are only due only after the application for citizenship has been approved by the Government of Malta.
Summary:
Does buying real estate in Malta give you citizenship? Acquiring a personal residence through purchase or rental in Malta is just one aspect of the expenses involved in applying for the Malta citizenship by investment program. Malta provides various options for residency or citizenship, such as temporary residency, permanent residence (Golden Visa), and citizenship by naturalization for exceptional services through direct investment. All of these programs require applicants to obtain a personal property in Malta. Apart from securing a personal residence, citizenship by investment applicants are also required to pay government fees, make a contribution towards Malta’s economic development, donate to a philanthropic organization chosen by the applicant, and cover legal expenses.
Main Points: Malta citizenship for real estate investment
- Real estate investment is required
- Property purchase or rental qualifies
- Real estate is only one component
- Donation, contribution, fees are extra
- Real estate must be held for 5 years
- SDA real estate can be rented out
Contact us today to receive a preliminary quotation or to schedule a call with our immigration advisors. Our immigration attorneys are government-licensed Authorized Registered Mandatories, a designation required by the Malta Government to file Malta citizenship or residency by investment applications. License: AKM-BALD.
