With a booming economy, a favorable business environment, and a dynamic, young and international workforce, Malta has positioned itself as one of the most economically successful European countries. This article presents some of the best investment opportunities in Malta.
Rules of investment in Malta
The new Malta Citizenship by Investment Program, also known as the Malta Citizenship by Naturalization for Exceptional Services (MEIN) allows outstanding investors and their families to get Malta citizenship in exchange for an investment in the country’s economy. The program is regulated by the Maltese Citizenship Act (CAP.188) LN437 of 2020.
Tax exemptions for expats in Malta
Tax in Malta is calculated not by citizenship, but by the tax residence of the individual and the source of their income. In other words, investors acquiring Maltese citizenship should not have to pay tax in the country. Foreign assets and income are charged at the source, so as long as the income is not sourced within Malta, it should not be liable for taxation in the country.
In addition, Malta doesn’t have an inheritance tax, estate duty, wealth tax, municipal taxes, or property ownership tax.
Malta Citizenship by Investment Program
The Malta Citizenship by Investment Program is a very successful scheme allowing deserving investors and their families to get Malta citizenship in exchange for a substantial investment in Malta’s economy.
The Malta passport increases worldwide opportunities such as visa-free travel to more than 180 countries and unlimited access to European countries. It also affords you the right to live, work, study, and get healthcare in Malta, as well as enjoy great tax exemptions.
Malta citizenship through investment
In order to get Malta citizenship by investment, investors must make an exceptional direct investment of a minimum of €600,000 or €750,000, depending on the residence period selected 12 or 36 months (extra €50,000 is required for each dependent). They must also invest €700,000 in residential real estate, or enter into a rental agreement at a minimum value of €16,000 per annum which must be maintained for five years. In addition, a compulsory donation of €10,000 to a registered philanthropic, cultural, sport, scientific, animal welfare, or artistic non-governmental approved organization or society must be made.
Opportunites to invest in Malta
Malta real estate market has been growing exponentially in the last few years, giving investors fantastic investment opportunities with high returns. Whether you would like to settle in Malta or have a rental property, housing options are plenty — you can pick from terraced houses, apartments, bungalows, villas, farmhouses, and much more.
Below is an estimation of Malta real estate prices per property type:
- €204,707 for a 1-bedroom studio
- €400,000+ for 3-bedroom apartments
- €723,000 for 3-bedroom duplexes
- €1.5 million for a 4-bedroom villa
Over the years Malta has built a solid reputation as a fintech leader. The country is one of the first to adopt several legal frameworks supporting blockchain, virtual currency and innovation. It welcomes investors in the fintech sector, and to this end has consolidated efficient fintech infrastructures to facilitate expansion and trade.
In order to develop the sector, Malta has hosted several fintech summits and international events, and it is also the world’s largest iGaming hub. With an ever expanding fintech sector, Malta’s successful regulations and expertise in the field make it a fantastic place to relocate for fintech investors.
A true gem of the Mediterranean, Malta is one of the top tourism destinations in Europe. Its rich history, culture, and stunning beauty have attracted people from all over the world.
The country offers tourists excitement as well as tranquility. The main island — Malta — is filled with animations, while its sister island — Gozo — is very preserved and peaceful.
Since 2018, the number of tourists have increased in Malta so there is no shortage of investment opportunities in the area. Investments in hotels, guesthouses, restaurants, bars, and tourism activities are especially lucrative.
Malta’s maritime sector is central to Malta’s economy. The country has positioned itself as a maritime hub in the Mediterranean region, which is only reinforced by its strategic location between Europe, Africa and the Middle East.
With excellent maritime infrastructures and professional staff trained for international trade, the sector is bustling, and offers high-returns for investors.
Frequently Asked Questions about investing in Malta
How much does Malta citizenship by investment cost?
In order to obtain Malta citizenship by investment you need to make a €650,000 non-refundable contribution to the Malta National Development Fund, a €350,000 investment in real estate which must be maintained for five years, and a €150,00 investment to a government-approved fund, which must also be maintained for five years.
What are the best sectors to invest in Malta?
Some of the best sectors to invest in Malta are real estate, tourism, fintech and the maritime sector.
Is it worth making an investment in Malta real estate?
Malta’s real estate market has been booming in the last years, especially with the increasing number of international expats. Whether you would like to buy a new home, or a rental property, making an investment in Malta real estate is very lucrative.
Can I get a Malta passport by investing in Malta?
Provided you meet the mandatory financial requirements, you can get a Malta passport by investing in Malta through the Malta Citizenship by Investment Program, also known as the Malta Individual Investor Program.