SERVICESEU Citizenship - Fast Track Options

ServicesEU Citizenship - Fast Track Options

Since 2013 when Cyprus introduced the highly sought after citizenship by investment program (followed by Malta introducing its own version in 2014), we have established ourselves as global leaders in the EU citizenship by investment space.  Our Managing Director, Charles Savva, is a regular speaker at leading global investor migration events and conferences.  We have assisted countless clients and their families obtain EU citizenship in Cyprus and beyond. 

Seeking more insights or curious about how we may assist you and dive deeper together?  We have dedicated ourselves to providing the highest levels of service and tailored solutions to meet the diverse needs of our valued clients. Please get in touch with one of our managers to arrange for your free consultation.

Please feel free to contact Charles Savva at c.savva@savvacyprus.com to discuss what EU citizenship options may be available to you.

Why Choose Malta
  1. Benefits:
  • Citizenship status that is inherited by future generations even if born outside of Malta;
  • Right to live, work, and study in all 27 EU as Malta has been a member of EU since 2004, as well as Switzerland, Liechtenstein,
    Norway and Iceland.

 AK: Under the Code of Conduct not allowed to present Malta Citizenship as an instrument for tax planning

  1. High Standard of Living
  • Malta offers political stability, one of the lowest crime rates within the EU, and a high standard of living with access to reputable state
    and private schools, and medical facilities.
  • Member of the European Union (EU)
  • Ranked 2nd safest country in the world (World Risk Index 2021)
  • Member of the Schengen Area and the British Commonweath
  • English as a primary language
  1. Visa Free Travel
  • No visa required for travel within the EU or the Schengen area.
  • No visa required for travel to over 184 countries worldwide including USA and Canada.
  1. Dual Citizenship
  • Malta allows its citizens to hold dual citizenship.
Legal framework

The Maltese Citizenship by Naturalisation for Exceptional Services by Direct Investment may be granted under an amendment passed in 2020 to the Maltese Citizenship Act Chapter 188 of the Laws of Malta (S.L. 188.05) and the Legal Notice 437 of 2020. The Citizenship for Exceptional Services regulations allow for citizenship by a certificate of naturalisation, granted to foreign individuals (and their families) contributing to the economic growth of Malta. Community Malta Agency is the competent Maltese government agency responsible to administer these regulations.

The Maltese government has formulated an investment programme aimed at high-net-worth individuals, investors and entrepreneurs. This allows the successful applicant and his/her family to hold a Maltese passport and enjoy all the benefits of being a Maltese national, subject to making the necessary investment and complying with the specific conditions.

Eligibility Criteria

The following persons are eligible to apply under the Maltese Citizenship by Investment Programme:

  1. Main applicant and spouse i.e. husband and wife.
  2. Children up to and including the age of 17.
  3. Unmarried, financially dependent, adult children between the ages of 18 to 28, largely supported by the main applicant.
  4. Parents and grandparents of the main applicant and of the main applicant’s spouse aged 55 and over, and largely supported by the main applicant.

All applicants (with the exception of minor children under 16 years of age) will need to be in possession of a clean police (criminal record) certificate from the country or countries of citizenship and from each country he/she has resided in for a minimal cumulative period of 6 months in the last 10 years. It must have been issued within the 6 months preceding the application and must be original.

According to applicable law, rules, regulations and practice that apply in relation to the filing of an application to obtain Maltese Citizenship via Maltese Citizenship by Naturalisation for Exceptional Services by Direct Investment program, an applicant would not be eligible to apply and/or obtain citizenship if he/she is or a dependant:

  1. Is or was indicted of an offence before an International Criminal Court or has been arraigned at any time before an International Criminal Court, whether found guilty, or not;
  2. Is listed with Interpol or Europol;
  3. Is a threat (or potential threat) to the national security, public policy or public health of Malta;
  4. Has been charged with or found guilty of crimes, related to terrorism, money laundering, funding of terrorism, crimes against humanity, war crimes, crimes that infringe upon such Protection of Human Rights and Fundamental Freedoms as established by the European Convention on Human Rights.
  5. Has been charged with or found guilty of a criminal offence disturbing the good order of the family such as paedophilia, defilement of minors, rape, violent indecent assault, inducing persons under age to prostitution, abduction;
  6. Has, at any time, been found guilty of, or at any time during the processing of the application, has been interrogated or is suspected of, or has criminal charges brought against them for any criminal offence punishable with more than one year’s imprisonment other than an involuntary offence;
  7. Is, or is likely to be, involved in any activity which may cause disrepute to the Republic of Malta;
  8. Has been denied a visa to a country with whom Malta has visa-free travel arrangements and has not subsequently obtained a visa from that same country;
  9. Is named or listed in international sanctions applying restrictive measures on them; that the Community Malta Agency is bound by law, or has opted, to follow.
Investment Options

For an individual to apply for a Maltese citizenship, a period of Maltese residency status has to precede. Based on the period of time one wishes to hold the Maltese residency before applying for citizenship, the 2 following options exist:

Option 1 – Standard Procedure:

36 months residency status + Non-refundable investment of €600,000 + €50,000 for each additional dependant

Under standard procedure, a prospective applicant has to hold Maltese residency status for 36 months before applying for citizenship. Non-refundable investment amounts to €600,000 for the Main Applicant and €50,000 for each additional dependant.

Option 2 – Expedited Procedure:

12 months residency + Non-refundable investment of €750,000 + €50,000 for each additional dependant

Under expedited procedure, a prospective applicant has to hold Maltese resident residency status for 12 months before applying for citizenship. Non-refundable investment amounts to €750,000 for the Main Applicant and €50,000 for each additional dependant.

Property Investment: Regardless of selecting the standard or expedited procedure, applicants have to either buy a property in Malta valued at minimum €700,000 or lease a property for an annual rent of minimum €16,000. The property investment should be retained/property must be rented for at least five years from the date of the certificate of Citizenship.

Donation: A donation of €10,000 to a registered non-governmental organisation or society is also required.

Due Diligence and Administrative Fees: 

Residence Application Fees:
> €5,000 for the Main Applicant;
> €1,000 for each dependant;
> €27.50 fee per Residence card.

Eligibility Process Fees:

– Due Diligence Fees:
> €15,000 for the Main Applicant;
> €10,000 per adult dependant of over 18 years old;

If the applicant is sponsored, a Due Diligence fee of €15,000. 

 – Administrative Fees:
> €1,000 per applicant

Citizenship Application Fees:

– Administrative Fees:
> €5,000 for the Main Applicant
> €1,000 per applicant

In case of residence cards renewals, there will be a charge of €227.50, and if the applicant has changed address, the fee will be of €27.50.

Below is a brief summary of the application process for acquiring Maltese citizenship via the Maltese Citizenship by Naturalisation for Exceptional Services by Direct Investment program.

The Application Process

A Step-By-Step Guide:

  1. Community Malta Agency conducts Tier 1 due diligence and obtains 1st police clearance.
  2. The Maltese residency application for the main applicant and his/her spouse is filed (and if elected, also for qualifying parents and grandparents of the main applicant and his/her spouse as well as minor and unmarried financially dependent adult children).
  3. The main applicant and adult family members who are part of the application should come to Malta to submit biometric data for residency card. Maltese residency card is mandatory for all adult applicants. Children under 12 do not need to travel to Malta – application for them can be submitted by their parents.
  4. Residency card is issued within 15-30 days of residency application submission with 36 months validity. With Maltese residency card one can travel in Schengen zone (and stay not more than 90 days in 180 days) and live in Malta unlimited number of days.  12 months period starts after residency card is granted to the last adult family member.
  5. Citizenship Eligibility application is submitted to the Community Malta Agency within the first 3-4 months of this 12 months period.
  6. Community Malta Agency conducts Tier 2-4 due diligence, to ensure all the necessary documentation is in order and presents the application to the Minister.
  7. 4-5 months later Community Malta Agency informs whether the applicant is eligible to apply for Maltese Citizenship and the applicant receives Letter of Approval for Eligibility.
  8. It is also important to note that two to three weeks (approx.) of physical residency in Malta needs to be fulfilled by all adult applicants, including adult children over 18. The days spent in Malta during the biometrics visit count towards this number of days.
  9. 12 months following the issuance of the Residence permit to the last adult family member, the Citizenship application is filed with the Community Malta Agency.
  10. The Agency updates its due diligence and forwards the application to the Minister.
  11. Approximately 1 month (depending on complexity) after submission of the Citizenship Application the Agency informs whether the applicant can be granted Maltese Citizenship by issuing the Letter of Approval in Principle.
  12. After this the applicant fulfils the Investment, Donation and Property requirements. The investment obligations have to be fulfilled within 4 months from the issuance of the Letter of Approval in Principle.
  13. The applicant comes to Malta and takes the Oath of Allegiance.
  14. The applicant and his family members are granted Maltese Citizenship and are issued with a Certificates of Naturalisation. Passports are issued within approx. 5 working days.
  15. Community Malta Agency conducts continuous monitoring of successful applicants for five years.

How Savva & Associates can assist:
Savva & Associates offers the following professional services to third-country nationals interested in obtaining Maltese Citizenship through the Maltese Citizenship by Naturalisation for Exceptional Services by Direct Investment program:

Malta Residency and Citizenship Applications
> Preparation of the application and all supporting documents.

Real Estate Transactions
> Assistance at all stages of the real estate sourcing and transaction.

Tax, Finance, and Accounting
> Tax registration, including applying for a Tax Identification Number (TIN).

Savva & Associates

Can assist you with all your Cyprus business needs

Can assist you with all
your Cyprus business needs

How can we help you?