No, Malta does not allow you to pay for your citizenship investment with crypto in 2024, regardless of whether it’s held in Bitcoin, Ethereum, etc..

In theory, crypto derived wealth could be used towards payment for Malta’s Citizenship for Exceptional Services Via Direct Investment Protocol once converted to fiat currency.

But in the majority of cases, crypto holdings – BTC, ETH, etc. – tend to be a disadvantage if you’re applying for Maltese citizenship by investment.

Here’s why…

When you apply for Maltese citizenship on the basis of direct investment, Community Malta Agency requires you to declare ALL your wealth and assets,  both directly and indirectly owned, and including your crypto holdings (however nominal these may be).

And given the decentralized (and frequently obfuscated) nature of crypto, it presents significant challenges under Malta’s rigorous, 4-tier due diligence process.

(To the extent that crypto holdings are not accepted towards meeting the €500,000 net worth requirement associated with the Maltese Permanent Residency Program.)

Hence, in practice, many applicants struggle to produce proper records of how their crypto wealth was earned (especially if they were early adopters of this technology), and many abandon their applications as the proof requirements are simply too onerous for them.

The Maltese citizenship authorities place great emphasis on applicants’ source of funds, and we can advise you on exactly what will be required if you are a crypto whale.

If this sounds like too much of a challenge to you already, there are also other, lesser-known options for obtaining a top-tier passport by investment – but these will only be suitable for UHNW applicants.

Feel free to reach out to us if you’d like to explore your options.

You can find out more about Malta’s Citizenship By Investment offering here, or contact us now below.

Agency Code: AKM-DISC