Citizenship by investment -Sparco Investment LLC

Malta Citizenship by investment

The Government of Malta Act No 47 of 2014 governs the Malta Citizenship by Investment initiative, which was launched by the government of Malta in 2014. Furthermore, Malta joined the European Union in 2004. Malta, an archipelago in the Mediterranean Sea and a republic in Southern Europe, is formally known as the Republic of Malta. It is located 333 kilometres north of Libya, 80 km south of Italy and 284 km east of Tunisia. Malta is a part of the European Union, Schengen Area, United Nations, and Council of Europe, among other important international organizations.

Malta is the most powerful passport in the world and it’s valid for 10 years. You can then renew this for a further 10 years. The Malta passport is ranked seventh in the world and permits visa-free travel to more than 170 countries. To become a citizen of Malta, you must invest EUR 600,000 for a minimum of five years in financial instruments approved by the government and contribute a minimum of Euro 650,000 to the national development fund established by the government. This is possible after a 36-month (or, in some cases, a 12-month) period of residence. Additionally, each family member is required to make a €25,000 contribution to the development funds.

Every application goes through a rigorous due diligence procedure that includes extensive background checks. The capable Maltese government agency in charge of enforcing the rules is the Community Malta Agency.

Qualifications:

  • Minimum age of 18 years for all applicants
  • A contribution of at least EUR 600,000 for a minimum residence period of 36 months or EUR 750,000 for a minimum of 12 months.
  • No Criminal Record globally.
  • No Significant Illness.

Global Benefits:

  • Access to a prominent jurisdiction for global business and a transparent and trustworthy financial center.
  • Visa-free or visa-on-arrival travel to over 170 destinations around the world.
  • Considering Malta is a member of the European Union, it grants you and your family the freedom to work and study anywhere in the European Union. Malta is the perfect place to do business ventures because it boasts one of the EU’s fastest-growing economies. Children get access to Maltese public schools and universities.

There are 2 choices available that makes a foreign investor eligible to obtain a citizenship:

Sparco Investment
Sparco Investment
  • MALTA EXCEPTIONAL INVESTOR NATURALIZATION (MEIN) IN 12 MONTHS:
The first option for obtaining citizenship through investment is to pay €750,000 and receive a 12-month residency permit in Malta. Following that, you will have to either rent a residential home in Malta for at least €16,000 a year or purchase residential real estate in Malta for at least €700,000.
  • MALTA EXCEPTIONAL INVESTOR NATURALIZATION (MEIN) IN 36 MONTHS:
The second option for obtaining citizenship through investment is to pay €600,000 and live in Malta for 36 months. Following that, you have to pay a minimum of €16,000 year in rent or buy a minimum of €700,000 worth of residential real estate in Malta.