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According to the given facts and for clarification purposes we would like to inform you that Malta Individual Investor Program is the first national citizenship program of its kind to be recognized by the European Commission. The European Union's executive body has officially recognized the legitimacy of the program, paving the way for its success. The process of applying for Maltese citizenship with investment is extremely effective, and the Government of Malta is committed to the highest level of precautionary measures and scrutiny of advanced investors to ensure that only persons with impeccable standing and reputation are accepted.

Successful candidates will receive citizenship in Malta under a naturalization certificate, which can also extend to their families. Once the candidate has been granted citizenship of Malta - which includes the nationality of the European Union - he has the right to invest in all twenty-eight EU countries plus Switzerland. He also has the ability to set up business in Malta and can obtain a Maltese passport, which allows him to enjoy visa-free travel to more than 160 countries around the world, including the United States.

In 2013, an amendment was made to Chapter 188 of the Maltese Citizenship Act. A legal notice was also issued with LN47 in 2014. The law empowers persons eligible for EU citizenship to invest through the Malta Individual Investor Program. The applicant must be at least 18 years old to be eligible to purchase Maltese citizenship and must meet all Malta Immigration requirements outlined below.

Efficiency and Suitability Test

The Maltese Citizenship Acquisition Program applies some of the most stringent precautionary standards - as opposed to any other program for a migrant investor in the world - to ensure that only qualified applicants with good reputations are granted Maltese citizenship. There are four levels of due diligence measures implemented directly by the government to conduct a comprehensive assessment of candidates as part of Malta's individual investor program. Applicants must have a clean criminal record, and the Government of Malta conducts extensive criminal investigations with Interpol, the International Criminal Court, and many other sources and authorities. Applicants must also - as part of due diligence procedures - submit a certificate of absence of precedents / good conduct from the police before they are approved for European citizenship.

Good health

Applicants must prove that they do not have any contagious diseases to be admitted to the Malta Citizenship Program. All applicants must have an international health insurance policy.

Financial Contribution

All individuals and families applying for a Malta passport must make a substantial contribution - non-refundable - to the Social Fund for National Development established by the Maltese Government and managed by a Board of Trustees. This fund - at the same level as the central bank - finances the country's projects related to public health, education, job creation, community development and innovation. The following contributions must be made within four months of obtaining the "Acceptance in Principle" letter in the Malta Individual Investor Program:

1-      Principal applicant / applicant - € 650,000

2-     Husband / wife - 25 thousand euros

3-     Minors - € 25,000 for each child

4-     Children from 18-26 (unmarried) - 25 thousand euros for each individual

5-     Parents and grandparents dependents - 50 thousand euros for each individual

6-     Adult children (with special mental or physical needs) - € 50,000 for each individual

Buying or renting real estate

Applicants must maintain a fixed residence in Malta for a minimum period of five years. This can be done either by buying property in Malta for at least € 350,000 and maintaining ownership for 5 years or more, or by renting a property for 5 years or more, provided that the annual rent is not less than € 16,000. Applicants must submit evidence of owning or leasing properties on the islands within four months of receiving the "Acceptance of Principle" letter in the Malta Citizenship Program.

Investment securities

Before accepting any person in the Maltese Investment Program, the applicant must invest at least € 150,000 in government-approved financial instruments (bonds, equities and bonds that benefit the nation), with a commitment to keep this investment for five years the least .

Condition of residence

When purchasing a property or concluding a property lease in Malta, a Maltese identity document is issued to the candidates nominated for citizenship called eResidence card. This means starting their stay in Malta and is also proof of the real affiliation of the candidate in this country. After 12 months of proof of applicant residence in Malta, applicants who have maintained their stay in the country will be granted citizenship. You do not need to spend all 365 days in Malta before you get citizenship. Maltese law defines residence as "an intention to stay in Malta for any financial year, usually by staying for at least 183 days, Buying / renting a property with a visit to Malta ». Candidates who have resided in the country for at least one year prior to the approval of the Malta Individual Investor Program have already fulfilled this residency requirement.

The individual investor program has a 12-month residency requirement. To obtain citizenship in Malta as soon as possible, it is very important that the time of the residence requirement goes through during the process of applying for Maltese citizenship. At the start of the candidate's stay in Malta, a small sum of € 5,000 is required for the main applicant and € 1,000 for each member of the family as a contribution to the Social Fund for National Development.

THE FIRST DAY: Application for the Malta Individual Investor Program is formally sent to the Maltese Identity Department by an "authorized person". The request will contain mandatory supporting documents, and must be:

Fees for due precautionary measures

• Principal applicant / applicant - 7,500 EUR
• Husband / wife - 5000 euros
• Minors dependents (ages 0-12) - No fees
• Minors dependents (ages 13-17) - 3000 euros for each individual
• Adult dependents - 5000 euros per person

Passport fees

• All candidates - 500 euros for each individual

Bank fees

• 200 Euros per application

A total amount of € 10,000 will be required from the cash contribution. Any deposit made when applying for Maltese residence is calculated from this amount.

THE 5 DAY: The Maltese ID or authorized person will be notified within 5 working days of the submission to inform them whether the customer's request has been accepted for review or that additional documents are required.

THE 90 DAY: Confirmation by the Maltese Identity Directorate that the request and supporting documents are officially appropriate. The candidate is subject to another 30-day verification process from the Malta Government Regulatory Authority.

The 120 DAY: The applicant is approved in principle. This means the formal acceptance of the Malta Individual Investor Program provided that the candidate fulfills all the remaining obligations of the Investment Citizenship Program.

The 125 day: The Maltese Identity Administration sends the applicant an official request to pay the remaining amount of the contribution of the Social Fund for National Development and the candidate has 20 days to pay the full amount.

Day 145: Deadline for financial contribution to the Malta Individual Investor Program. Contributions to the Social Fund for National Development must be fully paid at this time.

The 240 day: The last commitment to citizenship by investing in Malta. The applicant must provide proof of investment of € 150,000 in bonds, as well as purchase or lease of property in Malta.

Issuance of the Nationality Certificate:

Once the applicant fulfills his obligations under the Sale of Nationality Program and his oath of allegiance, the citizenship certificate will be issued to him and the Maltese passport will be issued.