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PROGRAM OVERVIEW
MALTA RESIDENCY LAW
The Malta Residency by Investment program, also known as the Malta Permanent Residence Programme, was first established in 2014 and revised in 2021. This law sets forth the eligibility criteria and investment conditions required for the program. It designates the Malta Individual Investor Program Agency (MIPA) as the official body overseeing the administration of the residency by investment process. To facilitate a smooth application process, the MIPA Rules of 2014 provide detailed procedures for submitting applications and obtaining approval for a residence permit under this program.
PROGRAM BENIFIT
VISA-FREE TRAVEL FOR MALTA GOLDEN VISA
The Maltese residency permit allows Visa Free Travel to Europe including 29 countries in the Schengen zone.
INVESTMENT TYPE & COST
Investors need to make ALL of the following investments to acquire citizenship through Malta Citizenship by Investment Program:
APPLICATION PROCESS AND TIMELINE
Initial Consultation and Eligibility Assessment (1.MONTH)
– Applicant contacts the I VISA SERVICES for consultation.
– I VISA SERVICES assesses applicant’s eligibility and provides guidance on required documents and investment options
Document Preparation Support (2.MONTH)
– Applicant gathers required documents.
Investment Selection Guidance (3-4.MONTH)
– Applicant selects an eligible investment option, such as real estate, government bonds,or shares in Maltese companies.
– I Visa Services provides advice on suitable investment opportunities and helps facilitate the investment process
Application Submission Oversight (5.MONTH)
– Applicant submits completed application forms along with supporting documents to the Malta Residency Visa Agency (MRVA).
– I Visa Services reviews the application to ensure accuracy and completeness before submission
Application Precision (6-7.MONTH)
– MRVA reviews the application and conducts background checks on the applicant.
– I Visa Services liaises with MRVA to provide any additional information or clarification as needed.
Residence Permit Acquisition Support (8-9.MONTH)
– Once the application is approved, MRVA issues a residence permit to the applicant.
– I VISA SERVICES assists with the collection of the residence permit and provides guidance on next steps for relocating to Malta.
Seamless Settlement Support (10-12.MONTH)
– Applicant relocates to Malta and fulfills any remaining requirements, such as registering for a Maltese ID card and enrolling children in school.
– I VISA SERVICES provides ongoing support with settling into life in Malta, including assistance with finding accommodation, and navigating local bureaucracy.
ELIGIBILITY REQUIREMENTS
REQUIRED DOCUMENTS
At I VISA SERVICES, we specialize in providing efficient and seamless support for acquiring Maltese Residency. Our dedicated team of experts is committed to guiding you through every step of the process, ensuring a smooth and hassle-free experience. With our personalized approach and in-depth knowledge of Maltese immigration laws, we strive to help you achieve your residency goals swiftly and confidently.
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Financial Documentation
- Bank statement with sufficient funds to support the application.
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Photographs
- For each participant, two (2) original passport-size photos: dimensions 45 mm x 35 mm.
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Applicant Information
- A signed CV for each applicant, even for children. Parents must sign the CV of children under 18.
- POA (Power of Attorney) for each applicant. It must be dated and signed by the respective applicant, where one of the parents can sign for children under the age of 18.
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Personal Identification and Family Documentation
- Certified copy of all passports held.
- Certified copy of the full birth certificate for each child in case of accompanying children.
- Certified copy of marriage certificate in case of accompanying spouse.
FAQ
Frequently Asked Questions
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How long does it take to process a Malta Permanent Residence Program application?
It generally takes 4 - 6 months to process a Malta Permanent Residence.
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What are the requirements for the Malta Permanent Residence Program?
To apply for the Malta Permanent Residence Program, applicants are typically required to provide specific documents. These include a certified copy of all passports held, a certified copy of the full birth certificate for each accompanying child, a certified copy of the marriage certificate for any accompanying spouse, a bank statement demonstrating sufficient funds to support the application, a signed Curriculum Vitae (CV) for each applicant, a Power of Attorney (POA) document for each applicant, and two original passport-size photos for each applicant.
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What are the benefits of the Malta Permanent Residence Program?
The Malta Permanent Residence Program offers an array of benefits, such as the absence of an interview requirement, the inclusion of multiple generations of family members, residence in an EU country, visa-free access to the Schengen States, the right to live and work in Malta, flexibility in physical residency requirements, and a pathway to citizenship after five years. These advantages make the program attractive for individuals seeking enhanced mobility, family unity, and the benefits associated with Maltese permanent residency and potential citizenship.
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Does Malta Residency by Investment lead to Maltese Citizenship?
Yes, provided you maintain continuous residence in Malta for the initial 12 months leading up to the application without leaving the country. Additionally, during the six-year period preceding those 12 months, the individual must have accumulated a total residence period in Malta of no less than four years (or 48 months).
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Are permanent residency holders in Malta through investment allowed to work in Malta?
Yes, holders of permanent residency in Malta through investment are allowed to work in Malta.
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Does Malta allow Dual Citizenship?
Yes, dual citizenship is allowed in Malta.
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What is the Malta Permanent Residence Program?
The Malta Permanent Residence Program offers non-EU citizens a prestigious Maltese Residence Permit through investing in real estate or Rent, a non-refundable contribution, and a charitable donation.
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Who is eligible for the Malta Permanent Residence Program?
To be eligible for the Malta Permanent Residence Program, the main applicant must be at least 18 years of age and can include their spouse, children up to 18 years old, and parents above 55 years old.
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What are the costs of the Malta Permanent Residence Program?
The costs of the Malta Permanent Residence Program depend on the chosen investment option. However, the minimum investment cost for a real estate purchase is EUR 300,000 and could be less if you opt for the rental option. In addition, there is a government contribution of a minimum of EUR 28,000 and a philanthropic donation of EUR 2,000.
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What are my next steps if I am interested in the Malta Permanent Residence Program?
Contact I VISA SERVICES, sign the Retainer Agreement, and pay the first fee to start your application today.