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 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.
CAPITAL
Valletta
LANGUAGE
Maltese and English
TOTAL AREA
316 km2
POPULATION
460,297
GOVERNMENT
Democratic Republic with unicameral House of Representatives
CURRENCY
Euro
Malta’s Residency and Visa Program (MRVP) requires making the following investments:
• Purchasing a property at a minimum of €270,000 or renting a property at a minimum of €10,000 per year for five years.
• A one time non-refundable cash contribution of €30,000 (additional €5,000 would apply for each dependent parent).
• An investment of €250,000 in government bonds to be held for a minimum of 5 years.
The Malta Residence and Visa Program (MRVP) may be granted under an amendment to the Maltese Immigration Act passed in August 2015, Chapter 217 of the Laws of Malta. These amendments provided the framework for the enactment of the L.N. 288 of 2015. The Malta Residency and Visa Program regulations stipulate that high net worth individuals of impeccable status and reputation are entitled to obtain Maltese residency by making a contribution to and investing in Malta.
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