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What are the requirements for the subletting of leased property in the Maltese citizenship program?

We are a Vietnamese couple who has applied for the Maltese citizenship program. We do not plan to reside in Malta, but instead plan to use the other benefits of the citizenship. It seems strange to simply lease vacant property. Can we sublet the property that we lease? If we cannot sublease the property, would we be able to rent out the property if we were to purchase the property?


Answers
  • KPMG in Malta
    June 04, 2018

    No, the property must be kept available for your residential use for a period of five years from the date of naturalization and cannot be leased or subleased during that time, regardless of whether you rent or purchase the property.

  • Grant Thornton
    June 02, 2018

    The scope of the property requirement is in view of the fact that applicants declare that they are residing in Malta at the address provided. Submitting or renting the property where the applicants should be residing would be in breach of the conditions upon which citizenship is granted.

  • Family Office Limited
    June 02, 2018

    Subletting is not allowed. Letting of your own property during the first five years is also prohibited.

  • Advocates Primei
    June 01, 2018

    If you attain citizenship under the MIIP program, you cannot lease out the property if you had bought this as the qualifying residence. Similarly if you rent a qualifying property you also cannot sublet it.

  • Seed Consultancy
    June 03, 2018

    It is not possible to sublet the property which is being used as your residency for purposes of acquiring citizenship. As you are aware, prior to obtaining citizenship, there is a 12-month residency requirement. Therefore, the property (whether leased or acquired) which is used for this purpose cannot be rented out. The residency requirement is no longer applicable after citizenship is obtained; therefore, the property may then be rented out.