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Malta PR

Residency By Investment

BECOME A GLOBAL CITIZEN




Malta Residency by Investment, Malta PR, is the most cost-effective residency program in Europe, giving investors and their families a lifelong access to Schengen countries with the full right to live, work and travel freely in Europe. Even though Malta Residency by Investment Program does not require investors to physically reside in the country, investors may choose to live in Malta for as long as they wish.

Countless families are in search for a safe country which they can call a home away from home. With its thriving economy, stable political environment, and high quality of life, Malta has become a perfect destination for investors looking to obtain a European Residency.

Malta, officially known as the Republic of Malta, is a culturally rich island nation in the central Mediterranean and a member state of the European Union since 2004.  Despite its small population, Malta has a lot to offer; its breathtaking natural scenery, one of a kind heritage, and its elaborate architecture drew a lot of interest among tourists.

On the other hand, Malta’s highly ranked education system and healthcare service has a made the country a perfect destination for investors who are looking to secure a better future for themselves and their families.

Malta PR

Malta Residency Card is issued within 6 months of making the required investment which involves making a onetime, nonrefundable contribution to the government and purchasing or renting a government approved real-estate property. This is a lifelong residency that doesn’t need to be renewed and doesn’t require the investor to maintain its status via physical residency.

A major benefit of Malta Residence and Visa Program is that Malta PR holders have the right to apply for a work permit anywhere in the Schengen area. Needless to say, that businessmen are also free to establish offshore companies and bank accounts in the country; accessing international markets and benefitting from the advantageous tax environment that doesn’t impose tax on overseas income.

As mentioned, Malta PR holders will have access to Malta’s education and healthcare services. However, those services become free of charge in case PR holder resides in Malta for 5 or more years.

Malta Residency by Investment Program is a great option for investors from the MENA region due to its geographical proximity and cultural closeness to them.

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CAPITAL

CAPITAL

Valletta

LANGUAGE

LANGUAGE

Maltese and English

TOTAL AREA

TOTAL AREA

316 km2

POPULATION

POPULATION

460,297

GOVERNMENT

GOVERNMENT

Democratic Republic with unicameral House of Representatives

CURRENCY

CURRENCY

Euro

INVESTMENT SCHEME

Malta’s Residency and Visa Program (MRVP) requires making the following investments:
 

Purchasing a residential property valued at no less than €270,000 or renting a residence at no less than €10,000 per year for five years.

A one-time non-refundable cash contribution of 30,000. (This fee covers the main applicant, spouse and children)
(If parents and grandparents are applying as dependents, then an additional fee of 5,000 for each applies)

An investment of €250,000 in government stocks or bonds to be held for a minimum of 5 years.

There is also a finance option, where an applicant invests €145,000.

Benefits of Malta PR Citizenship


  • Malta PR by investment Program requires a one-time investment and does not need to be renewed yearly
  • Once a Malta permanent residency is obtained, applicant can travel freely to all European countries within the Schengen area
  • Malta PR holders have the option to apply for a work permit anywhere in the Schengen area
  • No need to live in Malta to maintain Maltese residency
  • Enjoy high standards of living for yourself and your family
  • No tax on overseas income
  • Applicant may resell the property after 5 years of possessing it.

QUALIFICATIONS


  • Applicant must be at least 18 years of age
  • Applicant should have an annual income of  €100,000 or capital assets of  €500,000
  • An applicant should make the appropriate investment in Real Estate (whether purchase or rent), government bonds and donation
  • Applicant must keep real estate and bonds for 5 years
  • Children aged 26 and under are allowed to apply with the main applicant
  • All applicants must pass a strict due diligence, after which only highly respectable clients are admitted to the program

LEGAL BASIS


The Malta Residence and Visa Program (MRVP) investment may be granted under an amendment passed in August 2015 to the Maltese Immigration Act, Chapter 217 of the Laws of Malta. These amendments provided the framework for the enactment of L.N. 288 of 2015. The Malta Residence and Visa Programme Regulations provide for affluent persons of impeccable standing and repute to receive Maltese residence by a contribution to and investment in Malta.

VISA FREE TRAVEL


Travel Freely within the Schengen zone.

Austria

Belgium

Czech Republic

Denmark

Estonia

Finland

France

Germany

Greece

Hungary

Iceland

Italy

Latvia

Liechtenstein

Lithuania

Luxembourg

Malta

Netherlands

Norway

Poland

Portugal

Slovakia

Slovenia

Spain

Sweden

Switzerland

Timeline and Procedure

Obtain Malta Permanent Residency within 6 months.

Week 1 -3
Step 1
Bluemina performs a preliminary check. A scanned passport copy is sent to the legal team in Malta for pre-approval. File preparation begins and required documents are collected Advisory fees and application fees are paid. Initial fee of €5,500 from government contribution will be due.
Month 1-3
Step 2
Due diligence process will take place, followed by the decision to grant permanent residency for main applicant and dependents.
Month 4-5
Step 3
“Approval in Principal” letter will be issued by Government.
Month 6-8
Step 4
The Applicant will visit Malta to purchase or lease property. At this stage, applicant will also purchase health insurance.
Step 5
Once all documents are submitted, a “Letter of Invitation” will be issued to main applicant and dependents.
Step 6
The applicant and their family will visit Malta for biometrics and photos, followed by the issuance of the residency documents.