- August 5, 2020
- Posted by: Editor
- Category: Law
Malta is part of the Schengen Area since 2007 which means that all visas issued for foreigners interested in visiting this country come with a series of advantages. Malta immigration policy is not complex, on the contrary, it offers the possibility of entering the country quite easily, respecting a few important conditions and requirements. Our immigration lawyers in Malta can offer in-depth legal advice and assistance for foreigners who want to obtain a visa for this country or a residence permit in Malta.
What are the requirements for obtaining a visa for Malta?
The Schengen visa is issued for non-EU/EEA citizens who want to enter Malta. There are a few requirements referring to the needed and solicited documents by the Maltese authorities. Here is information about the documents and visa conditions you need to consider for a Maltese visa:
- The visa application form must be completed with personal information.
- The passport must have a validity of at least 3 months prior to the visa application.
- A travel medical insurance with a coverage of at least EUR 30,000 is required.
- A flight ticket reservation for your return to the home country is needed.
- The purpose of your visit to Malta must be comprised of a visa cover letter.
- Proof of your accommodation in Malta must be provided.
- Two passport-size photos must be prepared.
- Proof of sufficient funds for the entire stay in Malta is required (at least EUR 48/day).
These are the most important conditions to pay attention to, part of the visa application for Malta for non-EU/EEA citizens. The requirements can be entirely handled by one of our Maltese immigration lawyers, so feel free to send us your requests if you plan a visit to Malta. We can also handle the formalities for temporary or permanent residence in Malta, another important aspect covered by Malta Immigration Law. Interested in Malta citizenship? Talk to our specialists for details.
The legislation regarding Malta residency by investment
The Malta Residency by Investment Program is available and directs to high net worth individuals who must firstly make specific investments in this country. EUR 250,000 in Maltese shares for at least 5 years is the starting point for persons interested in making investments in Malta and gain residency through this program. Besides that, a contribution of EUR 30,000 to be government is required, as part of the Malta Investment Program available for foreigners. There is also the possibility of buying a property worth at least EUR 320,000 or rent one for one year and approximately EUR 16,000. Besides these requirements to join the Malta Residence by Investment Program, the obligation of having medical insurance with a coverage of at least EUR 30,000 is still required, mentioning that the program allows family members to easily join. Feel free to talk to one of our Maltese immigration attorneys and find out more about the conditions to obtain residency in Malta by making investments. We are at your disposal with details about the provisions of Malta Immigration Policy.
Can I relocate my business to Malta?
Yes, it is quite easy to relocate your company to Malta, as long as you, as a business owner, respect the conditions imposed, such as the de-registration of the firm in the home country. Then, the company’s documents will have to be modified with the new information about the relocated company in Malta. All the conditions for company relocation are comprised of the Maltese Company Act, so if you are looking for help, feel free to talk to our team of advisors at any time. They can help you apply for a residence permit in Malta.
Information about citizenship in Malta
Maltese citizenship can be granted to foreigners from EU countries after 6 years of living in Malta, while non-EU citizens will have to wait for 18 years. In the case of citizenship by marriage, according to the Malta Immigration Law, this status is granted after 5 years of living together in the country. We mention that the Citizenship and Expatriate Affairs in Malta is the institution that accepts the citizenship applications. Our immigration lawyers in Malta are here to offer guidance and support for all the needed documents. We have gathered some interesting facts and figures about Malta’s economy and business direction hat can help foreigners establish in this country:
- The total FDI stock for 2019 in Malta was around USD 206 billion;
- 97% of the FDIs were directed to the financial and insurance services in Malta;
- More than 31,000 companies in Malta have foreign stockholders;
- 88th is the position of Malta among 190 economies in the world, according to the 2020 Doing Business report issued by the World Bank.
If you would like to know more about Malta immigration policies, you can contact our team of immigration lawyers in Malta. Support for Malta citizenship can be offered.