Maltese citizens may have to apply for US visas in the future, as US Senators consider the Citizenship by Investment Program for Maltese citizens to be a risk to the US
Turkey Citizenship by Investment Program
The Republic of Malta Individual Investor Programme (MIIP) was first introduced in Article 10(9)(b) and Article 24 of the Maltese Citizenship Act by Legal Notice No. 47 of 2014. Investors are able to acquire Maltese citizenship in approximately 18 months, which is a direct alternative to the Cypriot Investor Naturalization Scheme.Living in Europeboth (... and...)Get a passport.project, the other way can only be used with theUpgraded Dominica PassportThe United States of America is the most important country in the world in terms of visa exemption. Why was the United States expelled from the visa waiver countries when the Maltese passport was able to exempt the United States, Canada, Australia, Japan and other major countries, as well as being a member of the European Union with the highest status in Europe, such as the Schengen area?
- Frequent lack of transparency of plans
- Enabling criminals to acquire citizenship and enjoy its benefits.
- According to a March 3 press release from members of Congress, Russians are among the most common beneficiaries of these programs
- The main leaders of human trafficking and other international criminal enterprises rely heavily on such passports to travel freely around the world and even to avoid responsibility.
Murder of Maltese journalist investigating money-laundering case
Malta has always been known in Asia for island holidays, the most VAT in the EU, selling passports (Citizenship by Investment, Citizenship by Citizenship program), and even known as the rich man's paradise, but many people do not know Maltese it's dark side.Daphne Caruana Galizia (Caruana Galizia) is a Maltese journalist and anti-corruption blogger in the smallest member state of the EUmalleusDigging into the secrets of the most powerful people, she was known for investigating and exposing corruption. Her blog was one of the most visited pages in Malta before she was killed by a car bomb on October 16, 2017.After the Panama Papers were released to the world in 2016, Galizia looked to those documents for information relating to high-level Maltese officials, and in 2017 Galizia accused Maltese Prime Minister Joseph Muscat and his wife used secret offshore bank accounts to receive funds from Azerbaijan. Muscat denied the allegations, but the scandal ultimately forced Muscat to call an early general election.
Bulgaria and Cyprus naturalization programs that block the possibility of visa-free travel to the U.S. with their passports
The biggest difference between EU passports and Caribbean passports is that most EU passports are either visa-free to the U.S. or are being reviewed for U.S. visa-free status, while Caribbean passports (Dominica, St. Kitts, Grenada, Antigua, and St. Lucia all need to beU.S. VisaOn March 3, 2022, Congressman Burgess Owens of Utah's 4th Congressional District and Steve Cohen, representing Tennessee's 9th District, introduced a bill into Congress that would revoke visa-free travel to the United States for nationals of countries that have implemented the Golden Passport Program, including Bulgaria and Cyprus. through which they intend to revoke visa-free travel to the U.S. for nationals of countries that implement the Golden Passport Program. Once the law is passed, citizens of Bulgaria and Cyprus may maintain the need to apply for a visa to enter the United States in the future.
Bulgaria cancels its Golden Visa program
On March 25, 2022, Bulgaria abolished its much-criticized Golden Visa program. In February 2022 Bulgarian Prime Minister Kiril Petkov reportedly announced that theIts Controversial Citizenship by Investment Program to End Soon - Bulgarian Golden Visa ProgramThe program allows internationals to obtain residency in Bulgaria with an investment of at least 500,000 euros, and citizenship if the total investment is 1 million euros. The prime minister said the program would be scrapped due to a "lack of real investment that creates jobs and helps the economy," and also cited it as one of the main obstacles to joining the Schengen countries and visa-free travel with the United States.
What kind of person is Maltese naturalization for?
Although the Malta passport may be canceled visa-free U.S., but is still the top 10 visa-free countries passport, applicants who want to live in Europe for a long time, want to put down roots in the European Union to enjoy the English language education, Malta is also a very attractive project, interested people can focus on these key points:
- Applicants may not have a criminal record
- Proof of source of funds (including proof of income, proof of investment, and how to remit funds out of the country)
- Proof of non-criminalization is required in all countries of residence.
- A "genuine link" with the country must be proved in order to obtain a passport and the investor must actually be a resident of Malta.
- Maltese company tax is fixed at 35% and personal income tax is up to 35%.
What are the risks of naturalization in Malta?
After the suspension of Cyprus and Bulgaria, Malta has become the only remaining gold residence program in the EU and relatively easy to naturalize (compared with Greece, Spain, Portugal), many people choose this program because of the benefits of Malta's passport, but for those who want to identity planning may face this risk:
- The EU's number one program public enemy, with stricter scrutiny and higher visa denial rates
- Approval takes too long
- Long application period, difficult to make other configurations before naturalization
- Adoption may be followed by policy changes
- Malta used to accept a lot of sensitive people for naturalization, and every time there was a major EU and international security issue, it had to be re-examined.
- Investing large sums of money at once, but losing resilience
- Possible loss of U.S. visa
"EU Life" + "Second Passport" Recommended configuration
In fact, the horse's ear it's a projectCan only be called a residency programAs it is clearly implied in the Act that "being a resident" is a requirement for Maltese citizenship, Malta is only a little bit faster in the naturalization process compared to other European Union projects, but few people are aware of it:
- High visa refusal rate
- Long lead time
- Strict scrutiny of funds
Unlike Greece, Portugal, Spain and other buy-to-let programs, these three can start living in Europe as long as the investment is completed first, but Mal it has to review before deciding whether to give investors to live in Europe.In fact, it's not part of the Citizenship by Investment Program.TheFor some people who are in control of the time, choosing the program of Maer it may face a lot of trouble, because he will not immediately give investors nationality... Add to that the fact that Mare it's going to be more than three times as much money and can't be refunded, and by comparisonCaribbean passports coupled with golden visas for Greece, Portugal, Spain, etc.It becomes more flexible, in the context of issues such as global volatility and increased investment risks.Caribbean passport with Greece, Portugal, Spain and other golden visa has a high success rate, and shorten the time to get the second nationalityThe high cost and long application cycle of the Maer It program is even more of a deterrent. However, it is advisable to consider the goals and risks before selecting a program as the best strategy for 2022 before proceeding with status planning.
Extended Reading
Dominica Passport Application Success Stories,Dominica Passport Application for U.S. Visa Success Stories,U.S. Student Visa Success Stories,Applying for a Certificate of No Criminal Conviction after Naturalization,Hague Certification Success StoriesQuickly learn about Dominica's Commonwealth passport, processing, materials, notarization, timing, visa-free countries, eligibility, advantages
Countries exempted from visas on Dominica's passport
Upgraded Dominica Citizenship by Investment Program
How to open an offshore bank account with a Commonwealth passport? Teach you to use your Dominica passport, apply for an offshore account and get your bank card in a day!
Dominica passport to apply for a U.S. 10-year visa B1 B2 easier than you think Real experience sharing
Compare:St. Kitts Dominica Turkish Passport
Three Things You Should Do Immediately After Getting a Caribbean Passport
No investment, no house purchase, financially independent person, EU permanent residence, green card, one step, apply for a residence permit in Greece
comparisons
St. Kitts and DominicaThe most valuable passports do program comparisons
Want to buy a passport? Be careful with this Caribbean passport.
St. Kitts and Turkey and Dominica
Bih Bih Channel
Click here to directSchedule a VIP ConsultationUpgraded Dominica Citizenship by Investment Program
"Buy a passport" 2022 Here are all the answers you most want to know, "Should I change my name?"" Should I prepare an overseas bank account first?"" Should I invest in real estate?"" When is the best time to naturalize?"
Why is it safe to invest in the Citizenship by Citizenship Program? What is the solution to your problem? Legitimate investment to obtain citizenship to apply for a passport
How to apply for naturalization remotely? Legally Successful Acquisition of Second Citizenship
Three things you should do right away to get the most out of your household license
Practical|Updated|Safer|Safer to retain dual citizenship
2021 Ten Most Breathtaking Real Estate Immigration Projects
Dominica Citizenship Program
- The Dominica Citizenship Naturalization Program was established in 1993 A.D. and is one of the oldest naturalization programs in the world.
- passport immigrationApplicants are not required to attend an interview
- Immigration can be processed quickly: the time it takes is about 2-3 months.
- The most cost-effective program for single applicants
- The status can be passed on permanently to the next generation in the direct line.
- Consultationreserve