Malta, a Mediterranean jewel known for its rich history, vibrant culture, and booming economy, has become a popular destination for individuals seeking to relocate to the European Union (EU). The Malta Permanent Residency Program (MPRP) offers an attractive route to European residency, allowing non-EU nationals to live, work, and invest in one of the EU’s smallest but most appealing member states. The Malta Permanent Residency Program is now available for a total investment of €184,000, facilitated by MONEYMAKERSCO, a prominent consultancy firm.
In this article, we will explore the key aspects of the Malta Permanent Residency Program, its benefits, the requirements involved, and how MONEYMAKERSCO can help you navigate the process.
What is the Malta Permanent Residency Program?
The Malta Permanent Residency Program (MPRP) offers non-EU nationals the chance to obtain permanent residency in Malta, a member of the European Union, by making a significant investment. Successful applicants can live, work, and study in Malta and travel freely within the Schengen Area, which includes 27 European countries. This program is ideal for those seeking to expand their business opportunities, improve their quality of life, or enjoy the freedom of movement across Europe.
Benefits of the Malta Permanent Residency Program
EU Residency: As a Maltese permanent resident, you are granted residency within the EU, which provides access to many European benefits, including healthcare, education, and employment opportunities.
Schengen Area Access: Malta is part of the Schengen Area, which allows free movement between 27 European countries without border checks. Permanent residents can travel across these countries without needing additional visas.
Family Inclusion: The Malta Permanent Residency Program allows successful applicants to include their immediate family members, such as spouses, children, and parents, in their residency application, making it a family-friendly option for relocation.
Tax Advantages: Malta offers a favorable tax regime for residents, including exemptions from capital gains tax on foreign income and potential tax credits, depending on your specific situation.
High Quality of Life: Malta boasts a high standard of living, with excellent healthcare, a warm climate, and a secure environment, making it an attractive destination for individuals and families.
Long-term Residency: The Malta Permanent Residency Program provides applicants with a secure, long-term residency status, which can eventually lead to citizenship through naturalization, subject to meeting specific requirements.
The Malta Permanent Residency Program Investment: €184,000
The Malta Permanent Residency Program, administered by MONEYMAKERSCO, requires a total investment of €184,000. This sum is broken down into several components, which include:
Contribution to the National Development and Social Fund (NDSF): A contribution of €30,000 must be made to the NDSF, which supports social and infrastructure projects in Malta.
Real Estate Investment: Applicants must either purchase property worth a minimum of €300,000 (in most areas) or lease property for a minimum of €12,000 per year. The property must be held for a period of five years.
Government Bonds/Stocks Investment: Applicants must invest a minimum of €150,000 in government bonds or stocks for a period of at least five years. This investment is secured and can be liquidated at the end of the holding period.
Processing and Administration Fees: Additional administrative fees and processing charges are also involved, which vary depending on the individual circumstances.
This investment structure ensures that the program attracts high-net-worth individuals who contribute to Malta’s economy and social development, while also ensuring a secure and stable residency status for applicants.
How MONEYMAKERSCO Facilitates the Application Process
MONEYMAKERSCO is a leading consultancy firm specializing in residence and citizenship programs. With years of experience in navigating complex immigration procedures, MONEYMAKERSCO has helped numerous clients successfully secure residency in Malta through the MPRP.
Their services include:
Personalized Guidance: MONEYMAKERSCO offers personalized consultation to assess your eligibility and help determine the most suitable strategy for your Malta Permanent Residency application.
Documentation Support: The firm assists with the preparation of all necessary documents, ensuring that everything is in order for submission to the Maltese authorities.
Investment Advisory: MONEYMAKERSCO provides expert advice on the investment components of the program, including real estate options and government bonds.
Application Submission: The firm handles the submission of your residency application, ensuring that it meets all legal requirements and is processed efficiently.
Post-Approval Support: After your application is approved, MONEYMAKERSCO offers continued support, helping you settle into your new life in Malta with assistance in obtaining a Maltese residence card, finding housing, and more.
Eligibility Requirements for the Malta Permanent Residency Program
To qualify for the Malta Permanent Residency Program, applicants must meet the following requirements:
- Age: Applicants must be at least 18 years old.
- Clean Criminal Record: Applicants must have a clean criminal record in their home country and any country where they have lived for the past ten years.
- Financial Stability: Applicants must demonstrate that they have the financial means to make the required investments and support themselves and their dependents.
- Health Insurance: Applicants must have health insurance coverage for themselves and their family members.
- Residency Requirement: Applicants must spend at least one day in Malta during the first year of obtaining residency and maintain a physical presence in the country for at least 12 months over a five-year period.
The Application Process
The process for obtaining Maltese permanent residency through the MPRP generally involves the following steps:
- Initial Consultation: Begin by consulting with MONEYMAKERSCO to assess your eligibility and understand the program’s requirements.
- Preparation of Documents: Gather the necessary documents, such as identification, proof of income, and a clean criminal record.
- Investment: Make the required investments in real estate and government bonds/stocks.
- Application Submission: Submit your completed application to the Maltese authorities.
- Approval and Residency: After approval, you will be granted permanent residency status and can begin enjoying the benefits of living in Malta.
Conclusion
The Malta Permanent Residency Program is a highly attractive option for individuals seeking a gateway to Europe, offering a secure, long-term residency solution with access to the benefits of EU membership. With an investment of €184,000, applicants can enjoy the privileges of living in Malta, including access to the Schengen Area and the possibility of eventually acquiring Maltese citizenship.
MONEYMAKERSCO offers expert guidance and support throughout the application process, making it easier than ever to secure a bright future in Malta. If you’re looking to invest in your European residency, the Malta Permanent Residency Program could be the ideal opportunity for you. Reach out to MONEYMAKERSCO today to begin your journey