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Previously, to become a permanent resident of Malta and the European Union, the investor was required to make a minimum investment of €330,000. However, with the recent program changes, it is possible to become a permanent Maltese resident by renting the property starting from €10,000 per year. In March 2021, New Malta Residency Program replaced the previous Program, allowing a single applicant to obtain the residence permit for a non-refundable contribution of €150,000.
Malta enjoys an excellent reputation for its splendid Mediterranean climate, low crime rate, friendly people, and superb quality of life. To its residents, Malta grants plenty of benefits and some of them are listed below:
In Malta, there are 2 official languages – English, and Maltese. With the recent departure of the UK from the EU, Malta became the only country where English is an official language. This creates a great advantage for businesses and families who want to relocate, as there will be no language barrier. Besides, many parents with children choose the Maltese Residency program, as the Maltese education system is built 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.
For those concerned about the economy, Malta has a stable financial 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.
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.
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. Investors and their families can enjoy all the advantages of its economic policies through the residency by investment program.
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.
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 email@example.com or call +44 207 993 63 46.
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