Foreigners who make investments through Maltese Golden Visa programs can obtain permanent residence or citizenship. As such, there are two Golden Visa programs available in Malta, each being subject to varied procedures and formalities. Maltese Golden Visa requirements can be explained by one of our immigration lawyers in Malta who can help foreigners relocate to Malta.
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Maltese Golden Visa program in 2024
Malta Individual Investor Program or MIIP targets high net-worth individuals who can easily make specific investments, in accordance with the rules imposed in this country. As such, a minimum investment of EUR 650,000 made by a foreigner in Malta comes with citizenship after living in the country for at least one year. Even family members can join this important program, with the mention that a contribution of EUR 25,000/member is required. The golden passport in Malta is also granted for such huge investments in the country through MIIP. Legal assistance should be solicited from one of our Maltese immigration lawyers with experience in this field. Our specialists help international investors obtain Maltese Golden Visa and relocate to Malta in a fast and reliable manner. We are here to tell you more about a Maltese investment visa.
Getting Maltese citizenship after one or three years
Foreigners can opt for a Maltese Golden Visa and be eligible for citizenship by investment after one year. Investments of at least EUR 750,000 to a government development fund are required, and an additional EUR 50,000 per family member joining the program. There is also the option of buying a real estate property worth at least EUR 700,000. In the case of Maltese citizenship after 3 years, a minimum investment of EUR 600,000 is required to enter the program, plus EUR 50,000 per family member accessing the program.
Applying for Maltese Golden Visa to get permanent residency
Foreign citizens can obtain permanent residence in Malta by accessing the Golden Visa Program. An investment of at least EUR 98,000 to a government fund is solicited, alongside a donation of EUR 2,000 to a non-governmental organization in Malta. There is also the condition of renting a home in Malta, for at least 5 years and paying a lease of at least EUR 10,000/year.
What are the eligibility criteria for a Maltese Golden Visa?
Maltese Golden Visa requirements involve a series of eligibility criteria that must be entirely respected. Providing information about the source of investment funds is solicited by the Maltese authorities who closely work with the international authorities. We would like to highlight the fact that investments made by foreigners without a clear criminal record are not accepted. Moreover, a medical record showing no contagious diseases, and a health insurance policy are solicited by the immigration authorities in charge of verifications of the visa applications. The entire procedures for Maltese Golden Visa Program can be overseen and managed by one of our immigration lawyers in Malta who has experience in this field. We are here to help you move to Malta.
Getting a Maltese passport in one year requires an investment of at least EUR 750,000 to the national development fund. Another option is an investment of at least EUR 600,000 to obtain a Maltese passport after 3 years. One of our immigration lawyers in Malta can tell you more about the available options for a Golden Visa including for a Maltese investment visa.
Gaining citizenship in Malta through real estate properties
There is also another possibility to join the Maltese Golden Visa Program and that is to invest in the real estate sector. As such, purchasing a property worth around EUR 350,000 is the main requirement, if it is owned for at least 5 years. Foreigners can also rent properties in Malta, with annual rents of at least EUR 16,000 to join the Maltese Golden Visa Program. More about Maltese Golden Visa requirements can be discussed with our specialists in the field. Make sure you prepare your requests and send us an email or solicit a free case evaluation from us as we can help you immigrate to Malta.
Would you like to move to Malta in 2024? You might be interested in the programs offered by the government, with a minimum investment of EUR 120,000. You also have another option, that of investing EUR 250,000 in bonds, plus a contribution of EUR 30,000 to the government. Whatever your choice, you must make sure that you have all the necessary documents to prove the respective incomes. Get in touch with our lawyers for all the legal support offered.
The new Maltese Citizenship by Naturalization for Exceptional Services by Direct Investment program allows applicants and family members to live in Malta until they become eligible for Maltese citizenship. A condition in this sense is to make investments in the real estate sector.
Why choose Malta for investments and citizenship
Malta is a great destination for those interested in better living conditions and access to a wide range of well-developed and appreciated services. The country offers a wide range of programs through which foreigners can gain permanent residency and citizenship, under specific conditions. One can easily apply for a Maltese investment visa. Below you can find a few of the reasons why Malta is great for relocation and living standards:
- Malta is attractive from an economic and political point of view, due to the stability offered in this direction.
- Investors do analyze these aspects before business relocation or investments.
- Being a strong financial center, Malta is quite representative in front of entrepreneurs from overseas.
- Retiring to Malta is beneficial because of the great standards of living involving the healthcare and education systems.
- In terms of expenses, freelancers in Malta enjoy varied benefits from this point of view.
- Businessmen from abroad enjoy the advantages in the field. For instance, there are no complex procedures for company formation in Malta.
- High net-worth investors can join Maltese Golden Visa, make investments, and gain citizenship under certain conditions.
- The gaming sector is highly developed in Malta and an attraction to foreign entrepreneurs who want to generate profits in this field. Contacts us if interested in a Maltese investment visa.
- The taxation regime of Malta is another great benefit considered by international entrepreneurs who want to cut the amount of taxes in the firm. Talk to us for more information about how to immigrate to Malta.
We highlight that after 3 years of residency in Malta, and an investment of at least EUR 600,000 to the national development fund, foreigners can be eligible for Maltese citizenship.
What to consider about a Maltese Construction Company visa
Foreign entrepreneurs who want to carry out their business in the field of construction in Malta must take into account the formalities of relocation in this country. This is the case for those who come from non-EU/EEA countries and who must first apply for a visa. Moreover, those who want to work in the field of construction and who come from EU/EEA countries must apply for a work and residence visa for Malta. Normally, construction companies in Malta interested in foreign workforce collaborate both with the relevant authorities and with a team of specialists on immigration issues. Those who want to apply for a Maltese construction company visa also come to the attention of our Maltese immigration lawyers. We are here to offer you specialized consultancy for obtaining a Maltese investment visa.
Applying for a Maltese startup visa
The Maltese startup visa is the same as the Maltese Startup Residence Program, where the following conditions and requirements apply:
- Applicants must first of all have the intention to develop in Malta, respectively a startup.
- Those who have had a company anywhere in the world, for no more than 7 years and which was not established through a merger, are also accepted in the program.
- Maltese startup visa is addressed to those coming from non-EU/EEA countries. However, there are restrictions for those coming from countries such as Iran, Afghanistan, Sudan, Syria and others.
- Applying for a Maltese business visa to open a startup requires an initial investment of at least EUR 25,000. An additional amount of EUR 10,000 is also required if there are more than 4 founders for the Maltese startup.
- In terms of living, those who want to apply for the Maltese startup visa must be present in Malta, have residency and health insurance, and have sufficient financial resources, including for the family.
- Also for a Maltese business visa for opening a startup, the authorities require a clear criminal record.
The authorities for immigration in Malta will make various checks to ensure that applicants for a startup visa in Malta have not been rejected in the past when applying for residence or citizenship in Malta. We invite you to find out more from our Maltese immigration lawyers if you want to apply for a startup visa in Malta or for a Maltese entrepreneur visa.
What are the conditions for obtaining a visa for Malta?
With the help of our immigration attorneys in Malta, foreign citizens can prepare the documents for visa applications and move to Malta. The following matters and requirements are the most important:
- A visa application form is available as part of the entire process.
- A valid passport is needed at the time of the visa application.
- Two photos in a passport format are required.
- Medical insurance covering up to at least EUR 30,000 is required.
- The return ticket reservation is also solicited at the time the visa application is made.
- Proof of accommodation in Malta is required, alongside proof of civil status.
- The purpose of the visit to Malta needs to be comprised of a visa cover letter.
- Finally, one should provide financial information and prove she/she can support living in Malta.
You can contact one of our lawyers if you want to obtain residency in Malta. Among the documents, you must present in this regard are health insurance, proof of personal funds, proof of domicile, and a valid passport. For a minimum investment of EUR 110,000, you can enter the Malta Permanent Residence program and obtain the desired status. But you can access all the information you need by contacting our law firm.
Economy facts about Malta
Here are some details and information about the economic direction in Malta if you are interested in starting a business here:
- An economic growth of approximately 4.4% is estimated for the end of 2024.
- A drop in inflation is expected, from 5.6% to 2.9% in Malta at the end of 2024.
Persons interested in citizenship in Malta should know that both EU and non-EU citizens are eligible. Would you like to know more about the Maltese Golden Visa Program and Golden Passport in Malta in 2024? We can help you move to Malta and we suggest you address one of our Maltese immigration lawyers and contact them soon. If you need a digital nomad visa in Malta, contact us for legal assistance.