5 reasons to call Malta your second home and obtain Malta Residency

April 12, 2021

Located in the centre of the Mediterranean Sea, Malta enjoys an excellent reputation for its splendid climate, low crime rate, friendly people, and superb quality of life. Besides, New Malta Residency Program now offers investment options from 150,000, which makes the program more attractive for foreign investors who wish to obtain a European Residency in a short period of time. To show additional benefits of the Maltese program, Mann’s Solutions has prepared a list of the main 5 reasons to call Malta your second home and obtain Malta Residency Program.

Property Market

The economy of Malta has a stable outlook, A+ rating, and projected GDP growth of 5.4% in 2021, which makes Malta attractive for the business. Moreover, the property market prices in Malta grow every year. Whether it’s a buy-to-let, residential home, or capital investment, Malta is a perfect stable place.

Language

There are 2 official languages in Malta – English, and Maltese. With the recent departure of the UK from the European Union, Malta now is the only country where English is an official language. This is a great advantage for businesses and families who want to relocate, as there will be no language barrier. Besides, it is easy to spot the similarities in the Maltese language if a person speaks Arabic, French or Italian.

Developing Industries

Malta has strong fintech and financial sectors which amount to approximately 13% of Malta’s GDP. Thousands of European and local talents are employed within iGaming hubs, financial and digital companies. Malta also is moving forward and develops fast in blockchain, cryptocurrencies, and the aviation sectors.

Education

Build upon a British education system, Malta offers a great variety of private, public, and international schools and universities. Parents can be sure that their children will get the essential foundation for future success as the classes are delivered in English and Malta is renowned for its top standards.

Investment Migration

Malta offers fast-track residency and citizenship acquisition options, which makes the island a popular relocation choice for investor and their families. For instance, New Malta Residency Program Offers Residency from just €150,000.

About Malta Residency Program

Malta Residency program is a perfect fast-track choice for acquiring EU residency for the whole family. The program offers permanent residency in 3-4 months and lets the applicant and his family travel without a visa throughout Schengen Zone countries. The investment options start from €150,000. The funds received through the program are used in the public interest (for example for the advancement of education, innovation, social purposes, research, justice, and the rule of law or the environment and public health).

It is interesting to mention, that Malta is one of those countries that is governed under financially liberal laws. Investor and Investors family can enjoy all the advantages of its economic policies through the residency by investment program.

Malta Residency Program Benefits

Malta residency by investment grants the applicant a 5-year residency permit that can be renewed indefinitely after this period if the applicant maintains a Maltese address. The Program does not require residence before or after the residence permit has been granted and lets investor and investor family travel without a visa to Schengen Zone countries. Moreover, Malta Residency Program grants the whole family access to high-standard education and an easy application process for obtaining a work permit.

Malta Residency Program Investment Options

1. Real Estate Investment €50,000 – €350,000

  •  €300,000 in the South of Malta and €350,000 on Gozo and in the rest of the country. Property can be sold after 5 year period.
  •  Property lease of €10,000 – €12,000 per year for 5 years AND

2. Non-refundable contribution €28,000 – €58,000

  • €58,000 – for those who lease properties
  • €28,000 – for those who buy the property

3. Administrative Fee €40,000

  • Initial administrative deposit: €10,000 (to start the process)
  • €30,000 fee after issuance of letter of approval in principle

4. Additional Requirements

  • The applicant have to make a mandatory €2,000 contribution to a local philanthropic, cultural, sport, scientific or art organisation.
  • The applicant have to control assets valued at no less than €500,000 (Of which at least €150,000 must be held in the form of securities).

LONDON BASED SOLUTIONS ADVISERS – Malta Residency by Investment

Full Support with our Immigration Advisers & Property Consultants:

Property search based on your requirements (from residential properties to high-value luxury developments)

Property virtual tours, 3-D tours, and in-person tours available.

Due diligence checks and additional property checks are completed by our experts.

Residency & Citizenship document preparation and submission.

Full support until you receive your second passport & residency.

Mann’s Solutions is an international immigration law firm with offices in London, Hong Kong, and Moscow and has expertise in offering UK Visas and Immigration by Investment services to high net worth individuals. Our immigration advisers are regulated by OISC and IMC (Investment Migration Council).

For further information or to discuss your circumstances in a private consultation with our immigration lawyers in London Office, please contact us at enquiries@manns-solutions.com or call +44 207 993 63 46.