Malta has become the favorite destination for those who are approaching retirement and businesspersons who want to explore new opportunities to expand their ventures. Malta is politically stable, and its climate is one of the best in the world. A lot of great things about this country attract people from around the world to come and live in this country. But what if you want to live here forever, just like any other Malta resident? The good news is that you can do that with ease.
Some Important Information about Malta Citizenship
If you are looking to acquire Malta citizenship, you first have to ensure that you are 18 years or older. But that’s just a natural requirement, the more important thing is that you should have enough money to invest in the country, put some money local and national funds, and afford a place of residence for yourself. So, before you apply for the citizenship, make sure that you are carrying an at least 50,000 euros health insurance (global). Your police record should be completely clean. You will have to make a contribution of 650,000 euros towards funds that are meant for the development of the society and country.
You must have a property of residence as well. But it cannot be just any property. The minimum worth of your property should be 350,000 if you own it. You can be here as a tenant as well if you are ready to afford a yearly rent of 16,000 euros. The most important thing about citizenship is that it transfers from you to your coming generations as well. They do not have to spend any extra money to obtain citizenship. Last but not least, you have to show interest in Maltese financial markets by buying stocks on Maltese stock exchange that are worth nothing less than 150,000 euros. Once you have met these requirements, you can live the life of your dreams.