Foreign investors are drawn to Malta as they are looking for the most ideal European solution for attaining a second citizenship and for immigration purposes. Malta’s membership in the European Union, along with its stability in the economic and political areas, has significantly contributed to its development as a great destination for relocating in Europe. The Citizenship by Investment Programme, which is also referred to as the Malta Individual Investor Programme, is one of the most popular ones in Europe.
This is due to the fact that this program can offer a number of benefits that are not available with similar programs. Listed below are some of the notable benefits you will experience:
- A quick process
The process of obtaining Maltese citizenship and thus getting a Maltese passport on investment is quite efficient and fast. The process only requires approval time of just 4 months, which is definitely appealing.
- Get Schengen residence
While you wait for a response for your Malta citizenship investment application, you will be granted a Schengen residence status for about 1 year before the issue of passport.
- Enjoy visa-free travel
Malta’s citizenship by investment programme gives its citizens the right to travel to 168 destinations without requiring a visa. This also includes the UK, Canada and the U.S. This means that once you get your passport by investment, you will not have to apply for any Visa and can travel to these destinations visa-free.
- Citizenship for Life
When you opt for this programme to get citizenship in Malta, you will be a citizen of the Mediterranean island for life. There is no need for you to renew your citizenship, as long as you continue to follow the rules.
Not only does it offer these benefits, but the programme is also the first of its kind to be approved by the EU.