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Malta Island lies between Sicily and the coast of North Africa. It is a country renowned for its historical sites. Malta has been a member of the European Union since 2004 and the Schengen region since 2007. It is one of the larger islands and the administrative, commercial, and cultural hub. Malta is a suitable area to live in because of its mild climate, high degree of safety, and outstanding infrastructure. Also, it provides tax reductions, which benefits enterprises.
Malta Residency Program
Our skilled team of immigration advisors in the Middle East is in charge of making the process of getting permanent residency in a foreign country simple and well-assisted. Let us offer you a brief explanation of the Malta Residency Program before you decide.
There are different ways in which an individual can obtain Malta Residency Permit :
Real Estate Investment: The candidate must either purchase or rent a property in Malta in order to qualify for the Malta residence program.
Government Bonds: A second approach to obtain a residency permit in Malta is to invest in 5-year government bonds for a sum equal to 250,000 Euros.
State Contribution: This requires a 30,000 Euro donation to the State Fund of Malta.
Affidavit: Affidavit of wealth submission is another method of obtaining a Malta resident visa.
Who can get Malta Residency?
The main applicant, his or her spouse, dependent children under the age of 18, dependent children over the age of 18 who are dependent and unmarried, the applicant’s parents and spouse, and the applicant’s grandparents and spouse are all eligible to apply for a Maltese residency visa.
Advantages of Malta Permanent Residency :
Free Travel: Anybody with a residency permit from Malta is free to travel from their home country to any other Schengen nation.
Permanent Residency: The applicant and his or her family are eligible for permanent residency in Malta.
Right to Live: The permit holder has the right to reside in Malta under the Malta residence program.
The main applicant’s entire family, including children, parents, and grandparents, is granted a Malta resident visa simultaneously and for life.
No Stay Obligation: Under the Malta residency program, the bearer of a residency permit and his family are not permitted to dwell in Malta.
Low Cost: This residency program has a very low processing fee.
Government Guaranteed: This program offers a 5-year return on investment.
Absence of Taxation: Malta does not impose taxes on personal income earned abroad.
Our immigration specialists can assist you with numerous citizenship by-investment schemes if you’re trying to gain a second citizenship.
With five years of rich expertise in the field of providing immigration services to those seeking to relocate abroad, Stratix is a top team of immigration consultants in the Middle East. Our experts operate completely honestly and transparently, and they assist you at every point to make the procedure hassle-free, easy, and quick.