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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.

    https://www.bluemina.com/wp-content/uploads/2020/02/Malta-Location.png
    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

    Benefits of Malta PR Citizenship


    • Program requires a one-time investment and does not need to be renewed yearly
    • Once a Malta residency is obtained, applicant can travel freely to all European countries within the Schengen area
    • No need to live in Malta to maintain residency
    • Option to apply for a work permit anywhere in the Schengen area
    • Live anywhere in Europe for 3 months out every 6 months a year
    • Enjoy high standards of living for yourself and your family
    • No tax on overseas income

    QUALIFICATIONS


    • Applicant must be at least 18 years of age and a non-EU citizen
    • Applicant should have an annual income of €100,000 or capital assets of €500,000
    • An applicant should make the appropriate investment government contribution, government bonds and real estate rental or purchase
    • Dependent children and dependent parents may apply regardless of age
    • All applicants must pass a strict due diligence, after which only highly respectable clients are admitted to the program
    • Enjoy high standards of living for yourself and your family
    • No tax on overseas income

    LEGAL BASIS


    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.

    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

    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.
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