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Malta
Residence and Visa Program
Malta Residence and Visa Program
Being located in the center of the Mediterranean Sea, Malta is famous for its pleasant climate, friendly people, low crime rate, and a high standard of living. It is an attractive place in which to live or own a second home. The Malta Permanent Residence Program offers non-Maltese persons the possibility of acquiring a European residence permit in an EU country and visa-free travel within Europe’s Schengen Area.
Time to residency
10-12 months
Residency requirement
No residency requirements
Visa-free travel
185 countries and regions
Taxation
No worldwide taxation or inheritance tax
Passport rank
7th in the world
Established time
Citizenship program launched in 2013
Investment Requirements
To obtain residency in Malta, you need to satisfy following investment requirements:
1. Certificate of € 500,000 assets (including the certificate of €150,000 current asset).
2. Real estate purchase: €350,000 in central Malta, or €300,000 in Gozo and the rest of Malta/Real estate renting: €12,000 annually in central Malta or €10,000 in Gozo and the rest of Malta
3. Contribution to the country's economy:
(1)Purchased real estate: €40,000 application fee to the government + €28,000 donation to the government + €2,000 to NGO = €70,000.
(2)Rented real estate: €40,000 application fee to the government + €58,000 donation to the government+ €2,000 to NGO = €100,000.
4. The principal applicant has a Maltese insurance covering all medical services provided by the hospital at a cost of €30,000, and the annual premium is around €500.
Program Benefits
Being able to include children, parents and grandparents in the application.
No requirement on language skills, education background, or business experience.
Right to stay in the country indefinitely.
