If you have been thinking about getting a second passport, you can definitely not go wrong with Malta. With a Maltese passport, you can provide your family with a number of benefits. This pristine area of the world offers you a natural charm and citizenship in the country. Plus, you and your family can also enjoy visa-free travel to more than 100 countries all over the world. Malta has been a member of the European Union and Schengen Zone since 2004 and 2007, respectively. A bi-partisan political theme, a stable political climate and a thriving economy make Malta an excellent choice for getting a second residence.
In order to become a resident of this beautiful Mediterranean island, you can apply for it through a number of programs. One of these include the Malta citizenship scheme, which is a very straightforward process. This means obtaining citizenship in Malta by investing money. But, how much should you invest? It is not something that applicants get to decide. The requirements of the program are outlined as follows:
- You can apply for this program regardless of your nationality, unless you belong to the Islamic Republic Iran, Islamic Republic of Afghanistan or the Democratic People’s Republic of North Korea. Furthermore, people with businesses, bank accounts or financial ties to these countries will not qualify either.
- You have to make appropriate investment in government bonds, real estate or other approved donations.
- Dependents and children under 26 can apply under the main applicant. If dependent parents are older than 55, they can also apply under the main applicant.
- All applicants have to pass through a strict criminal background and due diligence check.
As long as you are financially capable of meeting these requirements, you will be able to obtain citizenship in this safe and beautiful European country without any hassle.