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Popeye Village,Mellieha ,Malta

A cozy corner of the Mediterranean Sea, consisting of many islands, is attractive to tourists and anyone wishing to settle there. Pristine nature and unique architectural monuments of antiquity are combined with modern buildings - the part of Southern Europe borders Italy and some other countries. Many people here speak English, which also attracts bipatriots to it.

There are several reasons to familiarize yourself with the guide and the available ways to obtain Malta Permanent Residence. You can immigrate to a country with a well-developed infrastructure, low crime rate, and high quality of life. One way to get into the sunny nation is to use a program that allows the entire family to relocate. Paying the investment threshold and all fees on time guarantees permanent residency.

Overview of Maltese Permanent Residence by Investment

The Maltese permanent residence by investment system is designed for cosmopolitans with a regular income who can prove their financial capacity. The idea is to contact the immigration service and discuss your desire to buy a property or invest a certain amount of money in a public fund. Next, you should gather your documents and send your request to the embassy. Remember that you must meet some criteria to get your address approved for further action.

Suppose you are looking for a second home and an alternative solution with settlement. In that case, the republic can satisfy any request and become a haven for a wealthy foreigner. The advantages are impeccable transaction integrity, short waiting time for processing of the application (4-6 months), and no residency requirements.

Eligibility Requirements for Maltese Permanent Residence

To participate in Malta PR, you must:

• be an adult citizen of a non-EU third country;
• have no criminal record or other problems with the law;
• have no severe medical conditions;
• provide medical insurance;
• have an unshakable reputation;
• provide proof of financial security;
• make a contribution, buy or rent real estate.

Maltese permanent residency through investment requires applicants to meet specific investment conditions, including renting or buying a property and making several mandatory contributions.

The rental option requires a minimum annual rent of €10,000 in the south of the state, Gozo, or €12,000 elsewhere. The purchase option needs a minimum amount of €300,000 in the south.

Step-by-Step Application Process for Maltese Residency by Investment

The following steps are necessary to apply:

1. Familiarize yourself with the rules and ensure you meet all the conditions and requirements.
2. Find a qualified lawyer or consultant specializing in the country's migration issues. It is important to get professional help and support during the paperwork process.
3. Gather the necessary documents. You will need a completed application form, proof of financial status, biometric passport, health insurance, etc.
4. Make the required investment. You may need to transfer some money to the fund or purchase a property according to the program requirements.
5. Submit your application and pay the relevant fees.
6. Wait for a response from the Maltese migration authorities. The application process can take from 4 months to six months.

Benefits of Obtaining Permanent Residence in Malta

This island attracts many people because of its simplified taxation system and treaties with many countries. In addition, you do not need to live in the country for 6 months without leave to apply for a permanent residence permit. The low cost of living in Malta is also favorable for moving couples with children. 

Benefits The benefits of a special program include:

1. The language test is not necessary to pass.
2. Four generations can qualify: applicant, spouse, children, parents, and grandparents.

The island has an English education system, an excellent Mediterranean climate, and a clean environment. The European legal tax burden reduction system is present, and some taxes levied in other countries are absent for residents.

Conclusion

Thus, the issuance of residence permits and relocation is solved quickly and without any restrictions. The main thing is not to have a criminal past and to possess financial assets. Transfers are possible in different ways.

Real estate guarantees success in the future and allows you to obtain passive income from rent. However, keeping the property for 5 years is essential, and then you can sell it. Before, the cosmopolitans had excellent prospects for building a business, getting international education, and many other positive aspects of life in the island state. It is also possible to qualify for the citizenship.

Take advantage of this unique program and develop your investment activities in a reliable country.

A guarantee of a quick solution to the issue is contacting specialists. Professional agents know all the details that are necessary to complete documents, therefore they minimize time and save you money.

image courtesy of Magdalena Smolnicka