Malta has world’s best citizenship-by-investment programme
The distinction between Malta residency and citizenship must be defined as the two are different and provides different things.
Malta Residency allows the person to live, work and study in Malta, it is usually linked to property ownership or rental and has other conditions, being investment in government bonds and a monetary donation. Residency does not allow you to work or live any other EU jurisdiction.
Malta Citizenship gives full citizenship rights, such as living, working and studying in Malta and as Malta is part of the EU, you have the right of establishment in all 28 EU countries and Switzerland. The passport, along with the national identity card allows for residence, the right to work and free movement in any of the states of the European Union and European Economic Area. It furthermore also opens access to EU universities.
As of 1 January 2017, Maltese citizens have visa-free or visa on arrival access to 167 countries and territories, ranking the Maltese passport 10th in terms of travel freedom according to a globally recognised visa restrictions index.
BusinessTech reports that according to residence and citizenship advisory firm Henley & Partners, the Malta Individual Investor Program (IIP), citizenship-by-investment programme is the world’s top program.
Malta was ranked 6th in the world for their residence programme MRVP ( Malta residency and Visa Programme).
The programs were appraised by a respected panel of impartial experts — including immigration and citizenship lawyers, economists, independant risk experts, and academic researchers — who took into account a broad range of factors pertaining to each program
Malta remains the global leader
The Malta Individual Investor Program scored 79 out of 100. Malta is followed in the citizenship ranking by Cyprus – with a score of 72 – and Austria is third with a score of 70. Antigua and Barbuda is ranked 4th , with a score of 64.
Each programme, either the citizenship-by-investment or the residence-by -investment, have their own advantages.
“These programs may work for our clients that want a plan B because they are concerned about the economy or the political situation, worried what the education system will look like 10 years from now or if their children will be able to find work in South Africa,” said Amanda Smit, head of Henley & Partners in east, central, and southern Africa.