Maltese Citizenship under IIP costs less than million euros

Prabhu Balakrishnan Avatar
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Malta offers EU citizenship rich and wealthy investors and families under the Malta Individual Investor Program (MIIP). Investors can apply for citizenship under the investment routes through property rental or purchase in Malta. A permanent address is required in Malta to become a citizen of Malta for five years under the investment program.

It is possible to apply for citizenship in Malta after completing qualifying investments  and  after one year of living as a resident of Malta.

  • One time NDF contribution,
  • Investment in share/bonds,
  • Rent or buy a property

Malta has a  very strict due diligence when it comes to vetting of applicants who apply for citizenship. Almost one in four IIP applications are rejected.

The total costs of Malta IIP are as follows by renting a property..

  • Single applicant –  938,400 euros
  • Family – 941,420 euros
Property Rental Property Purchase
Financial
requirements
Gov. and processing
fees
Financial
requirements
Gov. and processing
fees
Single applicant EUR 650,000 donation
EUR 150,000 stocks/bonds
EUR 16,000 p.a. property rental
12-15% EUR 650,000 donation
EUR 150,000 stocks/bonds
EUR 350,000 property purchase
9-12%
Total € 816,000 +€122,400 (15%)=  € 938,400   Total € 1,150,000 +€138,000 (15%)=  €  1,288,000
Married couple EUR 675,000 donation
EUR 150,000 stocks/bonds
EUR 16,000 p.a. property rental
12-15% EUR 675,000 donation
EUR 150,000 stocks/bonds
EUR 350,000 property purchase
9-12%
 Total € 841,000 +€100,920 (12%)=  € 941,920 Total € 1,175,000 +€141,000 (15%)=  €  1,316,000