Malta’s Citizenship By Investment (CBI) program is one of the most expensive in the world and has been overlooked by many due to its high cost. However, with CBI programs in the European Union (EU) being terminated left and right, it is worth taking a closer look at Malta’s program before it disappears. Malta boasts a powerful passport and a great place to live with English being one of its official languages. The Maltese CBI program is officially called “Naturalization for Exceptional Services by Direct Investment,” and requires a minimum investment of €600,000 or €750,000, plus purchasing or renting local real estate for at least five years. Applicants also need to be residents in Malta for at least a year before applying for citizenship. However, obtaining an EU passport such as Malta’s comes with a high price tag and may not be necessary for those who only want to live in Europe, as residency options such as Portugal’s D7 Visa or Spain’s Non-Lucrative Residency may suffice. European Golden Visas are also cheaper than CBI programs and provide residency, while streamlined and cost-effective CBI programs are available in the Caribbean. It is important to note that the EU is working to eliminate all CBI programs within its borders, so those interested in Malta’s CBI program should act quickly.
Source link
Subscribe
Login
Please login to comment
0 Comments
Most Voted