MALTA
Malta citizenship scheme application
timeline
Malta Residency: Potential candidates who are not
already residents in the country are strongly advised
to begin the Malta residency process immediately
since the Individual Investor Programme has a
12-month residency requirement. To be granted
citizenship in Malta as fast as possible, it’s very
important to address the applicant’s residency
requirements while progressing through the Malta
citizenship application process. Upon initiation of a
nominee’s residency in Malta, a small deposit of €5
000 for the primary applicant and €1 000 for each
family member is due on account of the National
Development and Social Fund contribution.
Day 1: A Malta Individual Investor Program
application is formally submitted to Identity Malta
by an Accredited Person. The application will
contain imperative supporting documents, and
evidence of source of funds must also be presented
at this stage. The following fees are now due:
Due Diligence Fees
Principal applicant - €7 500
Spouse - €5 000
Minor dependents (aged 0-12) - no fee
Minor dependents (aged 13-17) - €3 000 each
Adult dependents - €5 000 each
Malta Passport Fees
All candidates - €500 each
Bank Charges
Per application - €200
A total deposit of €10 000 is now due towards the
monetary contribution. Any deposit made when
applying for Maltese residency counts towards this
amount.
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OFFSHORE GUIDEBOOK 2020
Day 5: Identity Malta will notify the concessionaire
or Accredited Person within five business days of
submission to confirm whether client’s application
has been accepted for review or requires additional
paperwork.
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Day 90: Confirmation from Identity Malta that
the application and supporting documentation
are formally in order. The candidate is subject to
a further 30 days of additional verification by the
Government of Malta’s regulatory body.
Day 120: Applicant is approved in principle. This
signifies official Malta IIP approval conditional
only on the candidate fulfilling all their remaining
obligations under the Maltese nationality program
for investors.
EVENT DATES
Day 125: Identity Malta sends the applicant a
formal request for payment of remaining balance
of National Development and Social Fund
contribution. The candidate has 20 days to pay the
full amount. WeWork, 188 Strand street, Cape Town
Wednesday 26 & Thursday 27 February 2020
07h30 – 18h00
Normal R2997 • Early bird R1997
Day 145: Maltese IIP financial contribution
deadline. The entire National Development and
Social Fund contribution must be made by this
time. WeWork, The Link, 173 Oxford Road, Rosebank
Wednesday 4 & Thursday 5 March 2020
07h30 – 18h00
Normal R2997 • Early bird R1997
Day 240: Final citizenship by investment Malta
compliance. Applicant must provide evidence of
€150 000 bonds investment as well as a Malta real
estate purchase or rental.
Issuance of Naturalisation Certificate: Once an
applicant has fulfilled all their obligations under
the Malta Individual Investor Program and taken an
Oath of Allegiance, they will be issued a Certificate
of Naturalisation and given a Malta Passport.
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