MALTA

LOCATION: Central Mediterranean Sea, 80KM South of Italy

POPULATION: 4,41,955

LANGUAGES SPOKEN: Maltese and English

CURRENCY: Euro

CAPITAL: Valletta

NEAREST AIRPORT: Malta International Airport

MAJOR INDUSTRY: Tourism

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Located right in the middle of the Mediterranean, the Maltese Islands are some of the richest in the region – promising diverse culture, a dynamic history, welcoming people and eclectic attractions. It is perfect choice for investors and expatriates looking to base themselves in a safe and stable country that has endless business opportunities.
Malta has been a member of the EU since 2004, and of the Schengen Area since 2007. It enjoys a stable political climate with a low risk of financial instability. In recent years, the Maltese government has actively sought to attract foreign capital with attractive incentives aimed at international investors and entrepreneurs. The government policy seeks to build on Malta’s many existing strengths such as its strategic location, excellent international trade relations, a highly qualified and motivated english-speaking workforce, and a good quality of life including excellent healthcare and schools

MALTA RESIDENCY PROGRAMS

The Malta Residence and Visa Program ( MRVP) IS a fast track route for non-Maltese persons to acquire permanent residency for the entire family in the EU. Malta has also introduced a citizenship-by-investment option known as the Malta Individual Investor Program (MIIP).

MALTA RESIDENCE AND VISA PROGRAM

MRVP Program requirements:

  • An investment in government bonds of EUR 250,000 to be retained for a minimum period of five years.
  • A non-refundable government contribution of EUR 30,000 (EUR 5,500 of which is an advance government administrative fee).
  • A property purchase of EUR 320,000 (EUR 270,000 in South Malta or Gozo), or a property lease of EUR 12,000 per annum (EUR 10,000 in South Malta or Gozo).

Applicant Requirements:

  • Property and investments must be held for a minimum of five years.
  • Applicants must have valid travel document.
  • Applicants must have fully comprehensive EU health insurance.
  • Applicants must receive an annual income of at least €100,000 arising outside Malta, or have capital of at least €500,000.

Benefits of the MRVP:

  • Permanent residency in 3-4 months.
  • No tax on foreign income, no inheritance tax.
  • EU residence card granting visa-free travel across Europe’s Schengen Area.
  • Entire family are eligible, spouses, children of any age as long as they are unwed and dependent parents and grandparents.
  • Right to reside indefinitely in Malta.
  • Five years’ permanent residence, renewable indefinitely.
  • Investment required only for first five years.
  • No residence requirement, prior or after residency has been granted.
  • PR-card holders have easy work permit process application.

​Application Processing Time: 3-4 months
No Minimum stay requirement

MALTA INDIVIDUAL INVESTOR PROGRAMME

The Individual Investor Programme of Malta has been launched in 2014 and is being administered by the Malta Individual Investor Programme Agency (MIIPA), which is responsible for processing incoming applications and carrying out necessary due diligence towards applicants. Through Individual Investor Programme Maltese government provides the possibility to attain Citizenship by Investment, thereby providing a gateway to access all the rights as a Maltese and European Union national.

MIIP Program Requirements:

  • Main applicant must make a contribution of €650,000 to the Maltese Government, which is deposited in the National Development and Social Fund (NDSF)
  • Lease a property for a minimum value of €16,000 per annum, or purchase a property for a minimum value of €350,000, both in Malta and cannot be let or sublet
  • Acquire €150,000 worth of stocks, bonds, debentures, special purpose vehicles or other investment vehicles as may be identified from time to time by MIIPA.

Applicant Requirements:

  • Above 18 years of age.
  • No Criminal record.
  • Be in good health.
  • Pass strict government due diligence checks.
  • Property and government bonds must be held for at least 5 years.
  • Comprehensive documentation requirements.

Benefits of Malta Individual Investor Program:

  • First EU approved citizenship program
  • Fast track residence cards within 1-3 weeks with Schengen mobility for 18 months.
  • The right to live, work and study in any of the 27 EU countries and Switzerland.
  • Travel visa-free (or visa on arrival) to 182 countries, including the US, UK and Canada.
  • World’s strictest due diligence standards and vetting of applicants, thus ensuring only highly respectable applicants will be admitted.
  • After 5 years, investments in government bonds and property can be released.
  • Reasonable contribution and an efficient application process.
  • Malta is an attractive place to live or to own a second home and is strategically located with excellent air links.
  • Tax Residency: Source & Remittance based taxation only. No wealth Tax. No asset Reporting. No inheritance Tax.

Application Processing Time: 14 months
No Minimum Stay Requirement

Disclaimer:
1. Please note, all information provided here should not be considered legal advice.
2. The text is intended as a source of basic information. It is regularly updated. No liability can be accepted for the accuracy or completeness of its contents.

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