Investment Immigration
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April 2024 Update: The Malta Citizenship by Investment Guide - All You Need to Know
May 2019: Malta citizenship by investment: what
are the options?
Answer: Malta offers non-EU applicants three immigration
by investment options: Malta citizenship (Malta passport)
via the Individual Investor Program (IIP), Malta permanent
residency via the Malta Residence and Visa Program (MRVP),
and Malta one-year residency and tax status via the Malta
Global Residence Program (GRP).
The Malta Individual Investor Program (IIP) offers applicants
an avenue to Malta citizenship and the
Malta passport (European citizenship/passport)
in return for a one-time investment of approximately €800,000.
The application process takes between 6 – 18 months
from start to finish.
As a Malta citizenship holder you and your family are allowed
to live, work, and study in any of the 27 European Union
countries, not just Malta. Malta citizenship also grants
you access to all investment opportunities in Malta and
throughout the EU member nations, as well as visa-free travel
to more than 168 countries in the world, including the USA,
Canada, the Middle East, Africa, Asia, and most countries
in North, Central and South America.
The Malta Residence and Visa Program (MRVP), also
known as the "Malta Golden Visa", leads to
Malta permanent residency (meaning the
permission to live in Malta as long as desired), 90-day
visa-free travel to all European countries within the Schengen
area, and the option to apply for a Malta work permit. This
program requires a one-time investment and does not need
to be renewed each year. The Malta MRVP program requires
either (a) purchasing a residence valued at no less than €270,000
or (b) renting a residence at no less than €10,000
per year. The program further requires a non-refundable
one-time cash contribution of €30,000 and an investment
of €250,000 in government bonds to be held for a minimum
of five years. If the bonds are financed, the total investment
is reduced to approximately €120,000 which is a one-time
expense that includes all legal fees, all government fees,
and all taxes. Please contact us if you are interested in
the financing option.
The Malta Global Residence Program (GRP), offers
Malta one-year residency in Malta, meaning
the permission to live in Malta for one year (unless renewed
each year), 90-day visa-free travel to all European countries
within the Schengen area, and the option to apply for a
Malta work permit. Malta residency status under the GRP
program needs to be renewed annually to avoid expiration.
This program is desirable especially for applicants who
only require temporary EU residency status. Malta GRP visa
applicants also benefit from Malta's low flat tax rate of
15% chargeable on all income remitted to Malta from foreign
sources, subject to a minimum annual tax of EUR 15,000.
Malta GRP applicants must refrain from staying in any other
jurisdiction for more than 183 days and becoming a tax resident
in that other country. The annual expense, a minimum tax,
to renew residency is approximately €15,000. Further,
the applicant is required to either (a) purchase local real
estate valued at no less than €220,000 or (b) rent
a residence (house or apartment) at an annual lease of no
less than €8,750. Thus, the total minimum expense
to renew the GRP permit each year is approximately €24,000.
The Malta Ordinary Residence Program (OR) for EU
nationals requires applicants demonstrate financial
self-sufficiency, which is defined as having available funds
of at least EUR 14,000 for a single person (EUR 23,000 for
married couples). Further, the applicant must purchase or
lease a property in Malta. There is no minimum property
value requirement. Benefits include the freedom to reside
and work in Malta, visa-free Schengen travel, and fast processing
(6-8 weeks). Family members can be included.
The Malta Residence Program (TRP) for EU-nationals
requires applicants to declare they do not spend more than
183 days in any other jurisdiction outside of Malta. The
tax rate on income brought into Malta is 15% (annual minimum
tax: EUR 15,000). Further, the applicant must purchase or
lease a property in Malta with a minimum property value
of EUR 275,000 for property in Central/North Malta (or EUR
220,000 for property in Gozo or South Malta). Candidates
may alternatively opt for rental of property at EUR 9,600
(or EUR 8,750 per year in Gozo/South Malta). Benefits include
the freedom to reside and work in Malta, visa-free Schengen
travel, fast processing (3 – 4 months), and a 15%
flat rate tax on income remitted to Malta. Family members
and domestic staff can be included.
Because immigration by investment programs can change over time
please
contact us to speak with an advisor or to receive a preliminary
quotation. The information provided in this blog post is intended for educational and informational purposes only. It should not be construed as legal or financial advice.
Everything you need to know about Malta citizenship, residency, and real estate.
Zenturo Ltd.
Residency & Citizenship by Investment
Programs Worldwide
394A / 395A, Triq il-Kbira San Guzepp
Santa Venera, SVR 1016
Malta
Client Testimonials / Google Reviews
Phone: +356 9950
5515
WhatsApp: +356 9991 4125
Telegram: +356 9991 4125
WeChat 微信: ZenturoSupport
Skype: Zenturo Ltd. Support
Service Inquiries: service@zenturo.com
General Counsel: legal@zenturo.com
Company Registration No.: C-39472
VAT ID: MT-18142026
All of our Malta immigration attorneys are government-licensed
Authorised Registered Mandatories.
License: AKM-BALD
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