Report: Malta Citizenship by Investment Programme, 2023

In March 2020, Malta closed its former CBI programme after it had reached its goal of 1,800 applicants. Their new CBI system was established by the Granting of Citizenship for Exceptional Services Regulations, 2020. People who want to apply for Maltese citizenship under these Regulations must first meet a residence requirement of 36 months, or if they are willing to invest more, 12 months.

Malta’s Citizenship by Investment Program ranked 6th in the Citizenship By Investment Index, 2023, by the CEOWORLD magazine.

Malta has a yearly limit of 400 Certificates of Naturalisation available.

• Three-tiered path
• Minimum investment amount: €600,000 contribution, €700,000 real estate purchase or €16,000 rent per annum for five years, and €10,000 donation
• Application processing time: 13+ months

Malta’s CBI offering has a three-tiered path to economic citizenship

APPROVED INVESTMENT

1. A contribution of €600,000 (36 months) or €750,000 (12 months) to the National Development and Social Fund.
2. A €700,000 purchase of real estate that must be held for five years; or a rental of real estate for €16,000 per
   annum, to be held for five years.
3. A €10,000 donation to a registered philanthropic, cultural, sport, scientific, animal welfare or artistic nongovernmental organisation or society, or as otherwise approved by the Community Malta Agency.

Malta’s current CBI offering is subject to a cap of 400 Certificates of Naturalisation per year, and 1500 in total, excluding dependants. During the residence period, applicants apply for an eligibility assessment and, if
successful, will be invited to apply for citizenship upon completion of the residence requirement.

Successful applicants under the Regulations can expect their names to be published in Malta’s Gazette, and to be identified as recipients of Maltese citizenship within 12 months of obtaining their citizenship. Malta’s flourishing business climate and robust financial services sector make it attractive for individuals seeking alternative citizenship in a well-established and economically prosperous European country.

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This report/news/ranking/statistics has been prepared only for general guidance on matters of interest and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, CEOWORLD magazine does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.

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