Friday, November 22, 2024

Malta citizenship total costs under IIP program

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 (contribution, share/bonds, property) and  after one year of living as a resident of Malta.

The total costs of Malta IIP are as follows

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

Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment News. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

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