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Maltese nationality law details the conditions by which a person is a national of Malta.The primary law governing nationality regulations is the Maltese Citizenship Act (Maltese: Att dwar iċ-Ċittadinanza Maltija), which came into force on 21 September 1964.
Malta. Another archipelago, Malta is a prime pick for expat property investment. ... Turkey’s Citizenship by Investment Program allows individuals to apply for citizenship after purchasing real ...
The procedure is overseen by the Citizenship Unit of the government's Identity Malta Agency. [9] The number and background of persons granted Maltese citizenship based on investment is unknown, as the Maltese government does not publish such data. Malta's Data Protection Commissioner confirmed that the publication of the number of passport ...
Turkey offers Turkish Citizenship by Investment (TCBI). Investors are required to purchase real estate worth at least US$400,000 and hold it for 3 years or deposit US$500,000 in a bank in Turkey for a period of 3 years. Upon investing as above and submitting citizenship application duly, a Turkish passport is granted typically within 6 months.
The citizenship-by-investment program and the relationship between Henley and the Malta government was criticized at the time. [35] Critics in Malta argued that the concessions to Henley were overly lucrative and may have entailed conflicts of interest. [35] Henley received 4% of each donation, which meant €26,000 per application for ...
Still, renouncing citizenship is very rare; the ultrawealthy are more likely to acquire second citizenships or residencies in places like Portugal or Malta than give up their American passports ...
In 2013, Henley & Partners participated in a public tender and won the right to design and globally promote Malta's citizenship-by-investment program, the Malta Individual Investor Programme (IIP), which raised over $1 billion within 18 months of its launch. [37] However, the public tender was not competitive. [38]
Citizenship-by-investment enables individuals to acquire an additional citizenship by making an exceptional economic contribution to another country. [5] This can be done by successfully completing a citizenship-by-investment program (also referred to as immigrant investor programs). Most of these programs are structured to ensure that the ...
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