Table of Contents
- Introduction to Malta MPRP Residency Program
- What is the Malta Residency by Investment Program?
- How do I Apply for the Malta MPRP and what is the Residency Application Process?
- Why Malta for Residency purposes?
- VisaConnect Assists with your Malta Permanent Residency Pathway!
- Conclusion regarding Malta Residency
Introduction to Malta MPRP Residency Program
Suppose you're seriously considering relocating to Europe. In that case, chances are good that the Malta Residency and Visa Program could be your best option to settle in one of the most exquisite and vibrant countries in the Mediterranean. This residency-by-investment program allows one-to-reside work or study in Malta, granting you access to the Schengen Area. Among those relentlessly burgeoning programs, enticing investors to hoist their sails away from home shores, is the Malta Residency by Investment Program.
This Guide does more than just outline the highlights of the Malta Residency by Investment Program, and includes information about the eligibility criteria, application process, and visa requirements. Also, we let you know how VisaConnect will enable your application to sail smoothly and without extra hassles!
What is the Malta Residency by Investment Program?
MPRP, Malta Residence by Investment Program, aims to grant residency to all non-EU nationals willing to be granted residency in Malta by making a qualifying investment. The Maltese government created this scheme whereby such persons receive a right of residence for themselves and their family members to the extent of their investment in the country.
Some advantages that successful applicants accrue from the MPRP are:
Benefits for Residency - Stay, work, and study in Malta. Have unrestricted freedom of travel within all the other Schengen countries.
Include Family - Your spouse, children, and dependents may also join you.
Route to Citizenship - You can also become a citizen after just a few years.
Flexible program - This is helpful if you need an easy pathway to European residency with fewer on-site presence requirements.
How do I Apply for the Malta MPRP and what is the Residency Application Process?
Step 1: Eligibility Conditions
You are required to have met the minimum eligibility criterion set to begin applying for the Malta Residence by Investment program, which is the following:
- Above 18 Years of Age
- You have a clean sheet regarding any criminal activity
- You can show that you have the financial ability to provide all the required investments
- You should have proper health coverage in Malta through insurance
VisaConnect will ensure that you pass through all the checklists and procedures to prepare you on how to make your application.
Step 2: Making Your Investment Choice
Under MPRP, you have an option of how to go about making your contribution. To become eligible for residency, you must invest in a combination of the following options:
Real Estate Investment: You will either have to purchase real estate worth at least €300,000 in the South of Malta or Gozo or €350,000 in other regions of Malta or rent real estate of at least €12,000 per year in the South of Malta or Gozo or €14,000 in the other regions.
Government Contribution: A non-refundable contribution of €30,000 to the Maltese government finances local community and economic development projects.
A Donation under Charity: €5,000 donated to a registered charity based in Malta.
This lets you choose which option aligns with your financial requirements or style. VisaConnect has a huge experience of all types of choices and the guiding support for you to come at the best.
Step 3: Application Submission
After all investments, apply. At this stage, all your documentation has to be correct. These major documents are:
- Passport
- Bank statements or any financial documents as proof of financial stability
- Medical Insurance Policy
- Police Criminal clearance certificates
- Evidence of Investments and Donations in Malta
VisaConnect will help source all the documentation required for check and return for completeness and accuracy before submitting your application to immigration.
Why Malta for Residency purposes?
There's much more than just pretty scenery and Mediterranean lifestyles; here are a few reasons why many find it a worthwhile place to invest:
Healthy and Strong Economy: Malta has a healthy and strong economy primarily led by some sectors such as tourism, finance, technology, and blockchain.
English-speaking country: Malta uses English as the official language of communication. Therefore, it would be easy for international residents.
Safe and High Quality of Life: Malta has kept up with good standards of life, healthy care, and education.
Tax Benefits: Many benefits, such as an attractive corporate tax rate, are provided.
VisaConnect Assists with your Malta Permanent Residency Pathway!
Malta Residence by Investment can become messy if you are not updated with the procedure. VisaConnect is here to assist you through every step of the process. Having ten years of experience in residency and citizenship programs, we are there to support you throughout the procedure.
Our team will assist you in picking the right investment opportunity until everything is ready and filed correctly and on time. We recognize this is a significant step, and our professionals will take you through every move and ensure it becomes effortless, stress-free, and trouble-free.
Conclusion regarding Malta Residency
The Malta Residence by Investment Programme is a fantastic choice for individuals and families to acquire European residency, quality of life, good economic opportunities, and entry into the Schengen Area. The program is flexible; with the right guidance, navigating the investment process can easily occur.
At VisaConnect, we help investors like you get your residency in Malta. With our expert team to guide you through every element of your application, you will be executed professionally and effectively. If you want to explore Malta residency through investment, contact us today to take the first step into the world of Malta.