Malta Golden Visa for sale – Buy Malta Golden Visa online – malta golden visa program
Malta Golden Visa for sale online. Malta’s Citizenship by Investment route, now known as the Maltese Citizenship by Naturalization for Exceptional Services by Direct Investment (MEIN), is aimed at ultra-high net worth individuals. Individual investors must make a minimum contribution of €600,000 to the national development fund set up by the government and prove 36 months of residency. Alternatively, there is an expedited route which requires a contribution of €750,000 and evidence of 12 months residency.
Investors must also contribute €50,000 per each additional dependent included in their application. In addition to the contribution, investors must also invest a further €700,000 into residential real estate, or enter into a rental agreement at a minimum value of €16,000 p.a which must be maintained for five years. A compulsory donation of €10,000 to a registered philanthropic, cultural, sport, scientific, animal welfare, or artistic non-governmental approved organization or society is also required. The benefits after one – three of years residency are citizenship and a Maltese second passport. This in turn grants European citizenship and the ability to live, work and study anywhere in the EU. Malta has 2 Golden visa programs and 1 Citizenship program
Individual Investor Program
Malta’s Individual Investor Program (IIP) provides for granting of citizenship by a certificate of naturalization to foreign individuals who make a financial investment in Malta. This citizenship by investment scheme was established in 2014 by the Individual Investor Program of the Republic of Malta Regulations (LN 47/2014) subsidiary legislation issued under the Maltese Citizenship Act. Malta will relaunch second version of IIP once the initial quota of 1800 applications is concluded.
The minimum cost incurred for an IIP application by a main applicant purchasing property in Malta and having no dependents would amount to (EUR 650,000 (contribution) + EUR 150,000 (Govt stock investment) + EUR 7,500 (due diligence fees) + EUR 700 (passport fees and bank charges)). Applicants must also pay the agent’s fees as per agreement between the agent and applicant. Renting a place and health insurance coverage are mandatory under the current rules. No separate investment is required from dependents and the contribution required on their behalf
Malta Residence Visa Program
The Malta Residence and Visa Program (MRVP) provides for the acquisition of Maltese residency by investment. The MRVP was established in 2015 by the Malta Residence and Visa Program Regulations (LN 288/2015)3 – subsidiary legislation issued under the Immigration Act
The competent authority for the MRVP is the Malta Residence and Visa Agency (MRVA) established in 2017 In practice, the MRVA is responsible for all MRVP matters except for the issuance of the residence permit that falls within Identity Malta’s competences. MRVP remains the cheapest golden visa scheme in Europe, exactly similar to the Hungarian golden visa program which was closed few years ago. MRVP offers immediate permanent resident status with indefinite rights to live and settle in Malta and later path to become a Maltese citizen after 5 years through ordinary naturalization.
Malta Global Residence Program
The Global Residence Program (‘GRP’) Rules were introduced by virtue of Legal Notice 167 of 2013 and came into force with effect from 1st July 2013.
This program is aimed at attracting real estate investment in Malta granting special tax status to investors. This program does not offer indefinite stay rights (no PR) to applicants like MRVP, requires applicants live permanently in Malta and does not offer path to Maltese citizenship.
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