Malta Citizenship By Investment Program designed to attract foreign capital and business people by providing the right of residence and citizenship in return. Malta is one of the most famous and beautiful tourist destinations in the World delivering you the opportunity to enjoy a cozy life amongst blooming flowers throughout year, with evergreen plants, and gentle sea breezes that freshen the air. Possessing the membership to the European Union, Eurozone, Schengen Area, the British Commonwealth, Malta enjoys the benefits of international cooperation.
The Republic of Malta is a densely-populated archipelago, located in the center of the Mediterranean, to the south of Italy, east of Tunisia and north of Libya. Malta is a former British colony, and currently a member of the European Union, the Schengen Area and the Commonwealth. It has about half million inhabitants. Its capital is Valletta, although its most populated urban center is Birkirkara, with over 22 K inhabitants. Its official languages are Maltese and English. Since its legal tender currency is the Euro (EUR). Malta levies personal income taxes on a residence and domicile basis. An individual is deemed to be a tax resident if he or she spends more than half year in the country, and is deemed to be domiciled in Malta if their permanent home is in Malta. Becoming a Maltese citizen does not automatically make you a tax resident or deemed to be domiciled in Malta.