News and developments
MIIP Reform Update: Granting of Citizenship for Exceptional Services
By virtue of Legal Notice 437 of 2020 which was issued on Friday 20th November 2020, the Granting of Citizenship for Exceptional Services Regulations has been launched.
The Granting of Citizenship for Exceptional Services Regulations shall substitute the Malta Individual Investors Program which was introduced back in 2014 and the Grant of Citizenship for Exceptional Services Regulations enacted in 2017.
This new program is divided into two categories:
The law establishes eligibility criteria which would need to be satisfied prior to applicant receiving approval to submit the full citizenship application. The eligibility criteria stage is very similar to the residence stage of the previous MIIP. It is important to note that this stage attracts fees due to the Community Malta Agency – a newly established Agency to process these applications.
NATURALISATION FOR EXCEPTIONAL SERVICES BY MERIT
The application for naturalisation for exceptional services by merit must be accompanied by:
An application by merit may be based on one of the following:
NATURALISATION FOR EXCEPTIONAL SERVICES BY DIRECT INVESTMENT
On the other hand, in addition to the eligibility criteria, the application for naturalisation for exceptional services by direct investment must be accompanied by the following:
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