In a world where political, ecological, economic, and cultural crisis is becoming the ‘new normal’, it is more necessary than ever to have contingencies in place that safeguard you and your family.
In these unstable times, acquiring a second or even a third nationality is seen as an astute move - a sort of wholesale insurance policy that provides the comfort of a ‘plan B’, hedging against the risks associated with an uncertain future.
Citizenship-by-investment programmes offer wealthy individuals and their families the most direct means of gaining greater safety and security as well as increased mobility.
These programmes facilitate the interaction between individuals and governments, allowing qualified, financially independent candidates to become fully fledged legal citizens in a particular country in exchange for their significant economic contribution to that country, without the need for them to physically relocate there.
Individuals and families who have multiple passports benefit from each country’s best practices and are less vulnerable to the shortcomings associated with a single nationality. The more jurisdictions a family can access, the lower their exposure will be to both sovereign and global risk, and the greater their overall freedom will be to travel and access opportunities on a global scale.
Given its high levels of safety and opportunity and the access it provides to some of the world’s most elite colleges and universities, Europe is the most appealing region for individuals looking to acquire a second or alternative citizenship. Within Europe, Malta has emerged as the leading investment migration destination, thanks to the unparalleled value it offers investors.
Situated just south of Sicily, at the intersection of North Africa, the Middle East, and Southern Europe, Malta is an important European financial center with a reputation for stability, security, and innovation. Since joining the EU in 2004, the country has experienced above-average economic growth, as investors and travelers alike tap into the nation’s enormous potential.
With a history dating back to 5,000 BC, Malta is often referred to as an open-air museum. The main islands of Malta, Gozo, and Comino are home to three UNESCO World Heritage Sites, and their skylines are dominated by impressive 16th-century architecture.
In addition to being a multicultural hub of business and lifestyle activity, Malta boasts excellent health and educational facilities. Residents are also within close reach of top business destinations: London is a short three-hour flight away, while Dubai can be accessed in five hours.
According to the latest edition of the Henley Passport Index, the Maltese passport is the 7th strongest in the world, offering access to 183 destinations worldwide. Maltese citizens can travel visa-free to the US, Canada, the UK, Hong Kong, and Singapore.
Beyond this expansive travel freedom, citizens are free to settle, study, and conduct business in all EU member states. The opportunities and the safety and security that come with Maltese citizenship are virtually limitless, and citizenship can be passed on to future generations without restrictions.
Considered to be the world’s most successful and credible citizenship programme, the Malta Individual Investor Programme (MIIP) was developed by the Government of Malta in partnership with Henley & Partners in 2014.
The MIIP, which enforces the industry’s strictest due diligence standards, is also the only citizenship programme endorsed by the EU. The programme requires a capital contribution of approximately EUR 1 million, which includes a donation to the country’s development fund, a five-year real estate purchase or lease, and an investment in government-approved financial instruments.
Henley & Partners is the global leader in residence and citizenship planning. Each year, hundreds of wealthy individuals, families, and their advisors rely on our expertise and experience in this area. Our highly qualified professionals work together as one team in over 30 offices worldwide.
The firm also runs a leading government advisory practice that has raised more than $7 billion in foreign direct investment. We have been involved in strategic consulting and the design, set-up, and operation of the world’s most successful residence and citizenship programmes. As the global concessionaire for the MIIP, Henley & Partners has been closely involved in the setup and operation of the programme since its launch. With an office on the ground in Malta and in-depth knowledge of the programme and the country itself, the firm is best-placed to assist you with your unique citizenship requirements.
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