The Malta Golden Visa program, officially known as the Malta Residence and Visa Program (MRVP), offers non-EU/EEA nationals the opportunity to obtain residency in Malta through investment. Here are the key details about the Malta Golden Visa:

Program Overview:

  1. Purpose: The MRVP is designed to attract high-net-worth individuals and investors to Malta by offering them residency rights.
  2. Residency Benefits:
    • Successful applicants and their families (spouse, children, and dependent parents) can reside in Malta.
    • Freedom of movement within the Schengen Area.
  3. Investment Requirements:
    • Contribution: Applicants must make a non-refundable contribution to the Maltese government:
      • €30,000 for the main applicant
      • €5,000 for each dependent (spouse, minor children, and adult dependent children)
      • €1,500 for each adult dependent (other than the spouse)
    • Property: Applicants must either:
      • Purchase a property with a minimum value of €320,000 (or €270,000 in Gozo or the south of Malta)
      • Rent a property with a minimum annual rent of €12,000 (or €10,000 in Gozo or the south of Malta)
    • Investment in Stocks or Bonds: Alternatively, applicants may invest a minimum of €250,000 in Maltese government-approved stocks, bonds, debentures, or special purpose vehicles.
  4. Application Process:
    • Applicants must engage a registered agent to assist with the application process.
    • Submit required documentation, including proof of investment, health insurance, and background checks.
    • The Malta Residence and Visa Agency (MRVA) reviews and processes applications.
  5. Residency Conditions:
    • Holders must maintain a genuine link with Malta, evidenced by minimum physical presence requirements:
      • 12 months within the first 36 months from the issuance of the residence certificate.
    • Compliance with Maltese tax obligations.
  6. Renewal and Citizenship:
    • Residency cards are issued for an initial period of 5 years and can be renewed.
    • After 5 years of continuous residence, applicants may apply for long-term residency or citizenship, subject to additional criteria.

Benefits:

  • Strategic Location: Malta offers a strategic location in the heart of the Mediterranean with access to Europe, North Africa, and the Middle East.
  • Business Opportunities: Access to the EU Single Market and a business-friendly environment.
  • Quality of Life: Mediterranean climate, rich history, culture, and lifestyle amenities.

Considerations:

  • Financial Commitment: Significant upfront investment required.
  • Legal and Tax Advice: Seek professional advice on tax implications and legal obligations in Malta and your home country.
  • Program Changes: Monitor updates as program requirements and conditions may change.

For more detailed and up-to-date information, including specific eligibility criteria and application procedures, it's advisable to consult with registered agents specializing in Malta's Golden Visa program or visit the official website of the Malta Residence and Visa Agency (MRVA).

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