Malta has become one of the most ideal European location for foreign investors in regard to immigration and for getting a second citizenship. The country’s stable economy and political environment and its European Union membership has helped it become the top destination for those who want to relocate to Europe. One of the most popular programs for getting a residence in Malta is through the Citizenship by Investment Program, which is also called the Malta Individual investor Program.
Lots of foreign investors opt for this program because it can provide them a number of perks that they may not be able to get otherwise. Some of these prominent perks are:
- Quick procedure
When you choose to go down this route for getting a Malta residency, you will discover that it is one of the fastest and efficient ways of getting a Maltese passport. It just takes around 4 months for your application to be approved, which is definitely faster than any other method.
- Traveling visa-free
Under Malta citizenship scheme, you will have the freedom to travel to 168 destinations without getting a visa. This includes the United States, the United Kingdom and Canada. Once you have obtained your passport via investment, you will no longer need to get a visa for these destinations.
- Lifetime citizenship
Choosing to go down the citizenship by investment program for getting residency in Malta means that you will be a citizen of the country for your entire life. You will not have to renew your citizenship while you continue following the rules.
- Obtain Schengen residence
You will be able to get Schengen residence status for a year while your application by investment is in process.
This program is the first of its kind to be approved in the whole of European Union and its perks are certainly appealing.