When considering obtaining a citizenship or residency by investment, applicants have to closely weigh the pros and cons of each of the different programs in order to invest in the program that best matches their needs.
Malta is an island in the central Mediterranean that is known for its history, scenery and above all its architecture. For many, Malta is a perfect holiday destination given its near year-round sun and its varied outdoor activity. However, investors looking to obtain the Maltese Residency Permit look at the island’s offerings from a different scope.
Without the need to renew Malta Residency Permit yearly, investors and their families will reap the benefits of the Malta Residency in exchange for an investment of 500,000 Euro in real estate. Benefits are countless, just a few to mention:
Once Malta Residency is obtained, not only will the applicant and their family travel freely to all European countries within the Schengen Zone, they will also be able to apply for a work permit anywhere in Schengen Area.
Having a lifetime access to Europe has several advantages itself.
One of the main reasons that investors seek to obtain the Maltese Residency Permit is the special tax concessions to non-domiciled owners. A foreign resident who is employed in Malta pays taxes only on the income s/he earns in Malta.
Malta Residency by Investment program is a much more affordable option than other European Citizenship by Investment Programs and European Residency by Investment programs. Such program is reasonable if investors were not planning on permanently residing in Europe, but would like to have the option to move to a politically and economically stable European country in case of conflict in their own home country.
If you would like to learn more about the procedure and the timeline of the Maltese Permanent Residency application, kindly contact any of Bluemina’s 6 global offices and an expert consultant will gladly assist you.