{"id":46366,"date":"2022-08-25T13:03:05","date_gmt":"2022-08-25T18:03:05","guid":{"rendered":"https:\/\/www.escapeartist.com\/?page_id=46366"},"modified":"2022-08-25T13:03:05","modified_gmt":"2022-08-25T18:03:05","slug":"maltas-citizenship-program-changes","status":"publish","type":"page","link":"https:\/\/www.escapeartist.com\/the-portuguese-golden-visa-2\/","title":{"rendered":"MALTA’S CITIZENSHIP PROGRAM CHANGES"},"content":{"rendered":"
A<\/span><\/span> new<\/span><\/span> residency<\/span><\/span> solution<\/span><\/span> will<\/span><\/span> replace<\/span><\/span> the<\/span><\/span> ongoing <\/span><\/span>Individual Investor Program, <\/span><\/span>Malta’s citizenship by <\/span><\/span>investment<\/span><\/span> scheme,<\/span><\/span> according<\/span><\/span> to<\/span><\/span> the<\/span><\/span> government.<\/span><\/span><\/p>\n The<\/span> residency<\/span> by<\/span> investment<\/span> program<\/span> will<\/span> lead<\/span> to <\/span>citizenship<\/span> through<\/span> a<\/span> fast<\/span> track<\/span> process.<\/span><\/p>\n The<\/span> news<\/span> arrived<\/span> from<\/span> the<\/span> most<\/span> official<\/span> source,<\/span> the <\/span>government’s<\/span> gazette<\/span> published<\/span> the<\/span> draft<\/span> amendments <\/span>to<\/span> the<\/span> Maltese<\/span> Citizenship<\/span> Act.<\/span> Alex<\/span> Muscat,<\/span> the Parliamentary Secretary for Citizenship and Communities,<\/span> told<\/span> journalists;<\/span> he<\/span> hopes<\/span> “that Parliament<\/span> will<\/span> approve<\/span> the<\/span> amendments<\/span> latest<\/span> in <\/span>September.”<\/span><\/p>\n The<\/span> government<\/span> will<\/span> end<\/span> the<\/span> passport<\/span> in<\/span> exchange<\/span> for <\/span>investment,<\/span> donation<\/span> and<\/span> real<\/span> estate<\/span> purchase<\/span> scheme, or<\/span> officially<\/span> Individual<\/span> Investor<\/span> Program<\/span> (IIP),<\/span> even<\/span> if<\/span> the <\/span>number<\/span> of<\/span> successful<\/span> applicants<\/span> will<\/span> not<\/span> reach<\/span> the <\/span>original<\/span> limit<\/span> of<\/span> 1,800.<\/span> During<\/span> the<\/span> six<\/span> years<\/span> of<\/span> the <\/span>Maltese<\/span> citizenship<\/span> by<\/span> investment<\/span> program,<\/span> 1,500 <\/span>applicants obtained the Mediterranean island nation’s <\/span>passport.<\/span><\/p>\n How<\/span><\/span> Can<\/span><\/span> You<\/span><\/span> Become<\/span><\/span> A<\/span><\/span> Maltese<\/span><\/span> Citizen<\/span><\/span> Through <\/span><\/span>Investment<\/span><\/span> Under<\/span><\/span> The<\/span><\/span> New<\/span><\/span> Program?<\/span><\/span><\/p>\n The<\/span> new<\/span> fast-track<\/span> system<\/span> allows<\/span> you<\/span> to<\/span> become<\/span> a <\/span>Maltese<\/span> passport<\/span> holder<\/span> after<\/span> residing<\/span> one<\/span> year<\/span> in<\/span> Malta. <\/span>Perhaps,<\/span> we<\/span> should<\/span> mention<\/span> here<\/span> that<\/span> this<\/span> issue<\/span> did<\/span> not <\/span>change<\/span> the<\/span> program<\/span> at<\/span> all,<\/span> only<\/span> by<\/span> name<\/span> because<\/span> the <\/span>third<\/span> country<\/span> citizens<\/span> had<\/span> to<\/span> reside<\/span> in<\/span> Malta<\/span> for<\/span> one<\/span> year to<\/span> get<\/span> citizenship<\/span> under<\/span> the<\/span> IIP<\/span> as<\/span> well.<\/span> According<\/span> to<\/span> the <\/span>amendment,<\/span> the<\/span> applicants<\/span> must<\/span> first<\/span> become<\/span> Maltese residents,<\/span> and<\/span> this<\/span> status<\/span> will<\/span> qualify<\/span> them<\/span> to<\/span> apply<\/span> for citizenship after one year.<\/span><\/p>\n So,<\/span><\/span> What<\/span><\/span> Will<\/span><\/span> Be<\/span><\/span> The<\/span><\/span> Difference<\/span><\/span> Between<\/span><\/span> The <\/span><\/span>