Malta Introduces Significant Discounts on its Golden Passport Program

In a major move to attract potential investors and expatriates, Malta has announced dramatic cuts to its Citizenship by Investment Program, commonly known as the “golden passport”. The Mediterranean island nation has reduced the price by almost half, making it a highly attractive option for those seeking a cost-effective route to European citizenship.

While the Caribbean is often cited as the most affordable place for aspiring expatriates, Malta’s recent price reduction places it prominently on the map. Out of the 13 countries offering a similar citizenship incentive, Malta has implemented the steepest discount since 2020. According to reports, the minimum investment now required to secure a Maltese golden passport is set at US$747,666, marking a significant 43.1 percent drop from its earlier pricing.

However, potential investors should be aware that along with this cost reduction, the time taken for the entire citizenship application process in Malta has seen an increase. On average, it now spans 730 days for an individual to officially attain Maltese citizenship.