Malta Golden Visa- Permanent Residency Program

Malta Golden Visa

Overview of the Malta Permanent Residency Program

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Malta Golden Visa is a prominent way for foreign individuals to attain a residency permit in the Mediterranean island. It is also known as the Malta Permanent Residency Programme (MPRP). This program helps investors and entrepreneurs settle in Malta with their families. Under this program, the investors gain permanent residency and access many benefits.

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Why apply for a Malta Golden visa?

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This program allows you to invest, settle in Malta, and start businesses. By applying for this visa, you can get:

·???????? Permanent settlement in Malta with your dependents

·???????? Access to world-class healthcare & education benefits

·???????? Tax-free income policy upon eligibility

·???????? Access to a high standard of living

·???????? Tax benefits upon getting residency

·???????? Setup a business that adds value to the local economy

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* Looking to invest in Malta? Y-Axis will help you with a step-by-step process.

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Benefits of migrating to Malta

By obtaining a Malta Golden visa, you can enjoy the benefits like:?

·???????? Stunning Mediterranean climate

·???????? One of the world’s best healthcare system

·???????? Access to the EU open market

·???????? Visa-free travel access to more than 185 countries worldwide

·???????? Obtain citizenship along with your family

·???????? Can register for business with favourable tax rates (15%)

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Life in Malta

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Malta is one of the safest Mediterranean countries in the world, with world-class infrastructure, healthcare, and education systems. The country is blended with rich heritage and modern amenities, which make it a family-friendly place to live. ?

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Malta is an archipelago which consists of three islands:

·???????? Malta

·???????? Gozo

·???????? Comino

These places are filled with lots of natural vegetation, stunning beaches, and well-managed cultural sites.? Malta's healthcare system is top-graded, and its education system is well-regarded. The cost of living in Malta is also affordable compared to many European countries. It also provides convenient transport with good public and private transportation facilities.

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Malta investment programs

There are two options to apply under the Malta Residence by Investment Programme. They are:

·???????? Malta Citizenship by Investment Programme

·???????? Malta Permanent Residency Programme

?Investment Options for the Malta Golden Visa

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Malta permanent residency programme helps you become a permanent resident in Malta with a minimum investment of € 100,000. The table below distinguishes the classification of investment to make:

Eligibility for the application of Malta Golden Visa

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You are eligible for the Malta Golden Visa if you:

·???????? Are Non-EU citizen? or not a member of the European Economic Area

·???????? Have zero criminal record

·???????? Own a minimum of €500,000 in capital assets

·???????? Have financial proof to take care of yourself and your family or dependents

·???????? Have health insurance for the duration of their residency

·???????? Have a valid travel document and required other documents for the application of this visa

·???????? Are available for the program and not engaged with any other immigration programs or schemes

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Documents required for the Malta Golden Visa

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The documents needed for the application for a Malta Golden Visa are

·???????? A completed and signed application form

·???????? Two passport-sized photographs and copies of their National ID card

·???????? Birth certificate

·???????? Proof of financial resources

·???????? Bank statements

·???????? Proofs of business ownership

·???????? Proof of due diligence

·???????? Educational certifications

·???????? Employment documents and payslips

·???????? Proofs of having Malta government stocks for a minimum period of 5 years with a minimum value of 250,000 EUR

·???????? Documents of qualifying property, which is purchased for a minimum price of 270,000 EUR

·???????? Having an annual income of not less than €100,000 outside of Malta or proof of net assets of not less than € 500,000.

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The application process for the Malta Golden Visa

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For the Malta Golden Visa application, the process will be in the following steps:

Step 1: Choosing an investment type

Step 2: Arrange the required documents

Step 3: Schedule an appointment

Step 4: Pay the fee

Step 5: Wait for the visa approval

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Malta Golden Visa Validity and Renewal

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·???????? The Malta Golden Visa residency permit initially grants five years of stay. The residency card must be renewed in the last year of validity, and after that, it must be renewed every year.

·???????? Each renewal will cost around €27.50 and can be done through the Residency Malta Agency.

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How can Y–Axis help you?

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Y-Axis is the world's No.1 overseas immigration consultancy that will help you in the application process. Our expert team will provide end-to-end assistance with the entire immigration process. The services we provide include:

·???????? Expert guidance for Malta immigration

·???????? Complete guidance with filling out forms and applications

·???????? Free Career counselling

·???????? Y-Axis Resume Writing Services to keep your resume up-to-date

·???????? Y-Axis Job Search Services to help you find your dream job.

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*Need assistance with overseas immigration? Contact Y-Axis, the world’s No.1 overseas immigration company, for end-to-end support at every process step. Email us at?[email protected] or drop a message on our WhatsApp number 8802219999.