If you are interested in becoming a Maltese citizen by way of naturlisation under ESDI rules, or simply curious to know what happens to the economic contributions Malta receives from applicants who have been approved, you will be please to note that the Government has and continues to do all that it can to put these funds to the best possible use.
Key to this we the establishment of the National Development and Social Fund (“NDSF”) on 6 January 2015, by virtue of Article 13 of Subsidiary Legislation 188.03, which receives, from Identity Malta Agency, the Community Malta Agency and other Government Agencies, those amounts received from vetted and approved investors.
Funds received by the NDSF are used in the public interest; including for the advancement of education, research,
innovation, social purposes, justice and the rule of law, employment initiatives, the environment and public health.
In accordance with NDSF Investment Policy there are three main portfolios:
i. Discretionary Portfolio
ii. Directed Portfolio
iii. Unallocated Portfolio
The intention is for there to be full transparency, as well as a balance between initiatives which may or may not have a direct financial return to the Fund, with the latter being more closely evaluated by the Board of Governors to ensure that such investments generate a net positive social or economic impact.
Click here to view the NDSF Annual Report and Financial Statements 31 December 2020.
For more information on how you can become a Maltese Citizen click here.