Located right in the middle of the Mediterranean Sea, the country, Malta enjoys an excellent reputation for its rather amazing climate, absolutely friendly people, low crime rate, and a great quality of life. Malta, additionally, is an attractive place that people choose to live in or own a second home and has some excellent air links to make things easier for travel.
The Republic of Malta consists of three islands, situated just 80 kilometres off the southern coast of Sicily, Italy, the Republic of Malta lies in the centre of the Mediterranean Sea. With a typically Mediterranean climate and sparse rainfall between the months of March and October, the country is a great location in terms of the weather conditions too. Speaking of the population, it is a little over 443,848 and the official languages are English and Maltese, though Italian is widely spoken.
First things first, Malta has an amazing infrastructural framework to depend on. Telecommunications, postal services, banking, hospitals and health services, as well as all other important public services, are efficient and of a very high standard here – all of which are considered to be the best here. For aviation, Air Malta operates 35 flight routes mostly within Europe and the Mediterranean region, and there are several other European airlines that operate flights to Malta. There is also a regular sea link with Italy that can be a choice for many.
The English-speaking population here in Malta makes integration and communication very easy. All official documentation is usually in English; commercial and business relationships are also conducted in English, and laws are in English and Maltese for better understanding.
There are also private English-speaking schools that offer a high level of education; the University of Malta is open to children of permanent residents. From a medical perspective, there are also a number of private hospitals offering high-quality medical services; needless to say, Malta has been ranked 5th in the world by the World Health Organization for medical services and facilities.
What makes Malta a great choice for people who wish to move here is the fact that while the country has a high standard of living comparable to other European countries in the Mediterranean region, the cost of living is generally lower than the rest of them—clearly meaning that it is possible to live a rather comfortable life with fewer expenses to handle.
The pace of life on the island is generally slow and more relaxed than in the rest of Europe, particularly in Gozo, but it is the charm of the island that is difficult to escape at all. It’s a safe haven for children; there is general care and awareness given by locals to children and the elderly people, particularly where foreign nationals are concerned. Most foreigners who come to live in Malta are pleasantly surprised by the amount of help and attention they receive from the local population.
Mala gained its independence from British rule in the year 1964 and has been a republic since 1973. It is a democratic country that respects the rule of law and has law-abiding citizens. Furthermore, Malta is a member of major international organizations, including the Council of Europe, Europe’s Schengen Area, the European Union, the Eurozone, and the International Monetary Fund.
Although it is a former British dependency, Maltese law is codified and there is no British ‘common law’ tradition here. Broadly speaking, the law is divided into two main branches – civil law and criminal law, both of which follow different traditions.
The Maltese civil law is based on the Napoleonic Code, based on the older Roman law concepts; therefore, particularly in the older areas of civil law, especially those that concern property, contracts, obligations, and so on, the Maltese law is very similar to French and Italian law. A referral is often made to French and Italian authors in the interpretation of Maltese law.
Speaking about the criminal law field, Malta has borrowed heavily from the British system and there are a lot of similarities between the two. All trials are tried by juries (except for lesser offences) and the whole system is based on the British criminal law set-up.
As for the newer fields of law, particularly in the environmental, financial, company, and fiscal legislative areas, a major chunk of new laws have been enacted over the past ten years and these tend to be borrowed from other countries (in particular from Britain) and adapted to Maltese requirements. Today, Malta is amending its body of laws to bring it into line with the laws of the EU, of which Malta is a member.
Over a period of recent years, the Maltese government has actively sought to attract foreign capital with attractive incentives that are clearly aimed at international investors and entrepreneurs. During the last fifteen years, Malta has evolved into a modern financial center and is one of the most important jurisdictions within the southern European region even today.
The workforce in Malta is English-speaking, motivated, and well-educated. The country grants incentives to foreign individuals or companies that set up business here, including low rents for factories and low-interest loans. Furthermore, it is said to have a strategic location, excellent international trade relations, and a good quality of life that make it one of the most attractive places for business in the Mediterranean.
Malta’s Granting of Citizenship for Exceptional Services by Direct Investment Regulations (S.L. 188.05), under the Maltese Citizenship Act Cap. 188, LN437 of 2020, permit the granting of citizenship by a certificate of naturalization to foreign individuals as well as their families who contribute to the country’s economic development.
The Malta Citizenship by Naturalisation for Exceptional Services by Direct Investment program allows for the granting of citizenship by a certificate of naturalization to foreign individuals as well as their families who contribute to the country’s economic development.
The process is possible following a 36-month (or, by exception, 12-month) residence period and definitely not before that. Each application submitted here is subject to a stringent due diligence process, including thorough background checks that need to be carried out in order to ensure that nothing ever goes wrong for you. Additionally, the Community Malta Agency is the competent Maltese government agency that is responsible for administering the regulations.
The application for Maltese Citizenship by Naturalization for Exceptional Services by Direct Investment is thoroughly examined, evaluated, and put through a four-tier due diligence procedure. The following conditions must be met in order to be eligible:
The applications must all be made on the prescribed forms and should be accompanied by the appropriate fees and specific documents as called for. It is imperative that you understand the highly detailed due diligence checks that are carried out and an application will be declined if it turns out that it contains false information or omissions, so make sure everything that is included with the application is true to your knowledge.
If the Tier 1 checks completed by the Community Malta Agency are passed, the application for a residence permit will be submitted further. Once the residence has been obtained, an eligibility application will be submitted and further, (tiers 2, 3, and 4) checks will be made by the agency and presented to the relevant Maltese minister, who will be responsible for deciding on the applicant’s eligibility to apply for citizenship here in Malta.
A citizenship application will be submitted to the Community Malta Agency after 36 months of residence (or 12 months by exception). Once the minister has made the decision to grant citizenship to the applicant, the applicant will then be required to fulfil the exceptional investment, donation, and property requirements. After the process is completed and checked completely, the primary applicant will be invited to take the oath of allegiance in Malta and be presented with a Maltese certificate of naturalization.
There are no restrictions on dual citizenship in Malta and that is one of the greatest reasons why people choose to move to Malta for citizenship.
Malta has come a long way to become one of Europe’s leading investment locations, driven by the amazing reputation that it holds or security, stability, and predictability. The Malta Permanent Residence Program grants residential rights to foreign nationals who are seeking an alternative residence in Europe.
What cannot be denied about Malta is that it is a highly attractive location for private residences. The island is a greatly developed one and enjoys a stable political climat; its location with excellent air links is something to add further to the overall amazing quality of life here.
The Malta Permanent Residence Programme offers non-Maltese persons the possibility of acquiring a European residence permit in any European Union country as well as a visa-free journey within Europe’s Schengen Area.
There aren’t too many things but whatever there are all are of utmost importance. The primary applicant must be at least 18 years of age in order to qualify and must provide an affidavit declaring that from the date of the application, they have in their possession capital of no less than EUR 500,000 (EUR 150,000 of which should be in financial assets). The following application requirements must be met to qualify for the program:
The application requirements and procedures for the Malta Permanent Residence Programme are reasonable and straightforward, and very easy to comprehend. The application is submitted to the Residency Malta Agency, the government agency responsible for applications.
Successful applicants will be asked to complete the qualifying investments after passing severe due diligence tests, and will then be granted a residency permit. Successful candidates will be issued a Maltese resident certificate, which serves as a permit, by the Residency Malta Agency.
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