About Malta Residency
According to a famous belief,the word Malta comes from the ancient Greeks who called the island Melite 0or honey-sweet owing to its historic honey production. Some even attribute the origin of its name to the Phoenician word Maleth which means a have not considering Maltas numerous bays and coves. Both meanings are befitting for Maltas Mediterranean paradise. Previously a naval power owing to its planned positioning, Malta today is a hub for wide-scale tourism and has a stable and advanced economy.Â
445,426 (2014 Estimate)
One of the most attractive permanent residency programmes available is the Malta Permanent Residence Programme. The Programme which is regulated by a robust legal framework, has so far attracted thousands of applications from all over the world. It is a permanent residency programme which allows applicants, parents-in-law and grandparents the opportunity to reside or settle indefinitely in Malta or Gozo. The residency cards provide an opportunity to applicants to travel within the twenty-six countries making up the Schengen zone one hundred and eighty days per year. Once residency is attained, applicants may opt to find employment and/or set up a business in Malta or Gozo. The investment is reasonable given that the Maltese islands are continuously registering growth in their economy.
Rent a Property
The Applicant needs to pay a Government contribution of 98,000 EUR, Pay 2,000 EUR towards NGOs, Rent property for a minimum value of 10,000 EUR (Gozo / South of Malta) or 12,000 EUR (North of Malta) per annual for 5 years, Contribution of senior Dependent: 7500 EUR each, Purchase health insurance covering Malta for each applicant.
Purchase a Property
The applicant need to pay a Government contribution of 68,000 EUR , Pay 2,000 EUR towards NGOs, Purchase property for a minimum value of 300,000 EUR (Gozo / South of Malta) or 350,000 EUR (North of Malta) and hold for 5 years, Contribution of senior Dependent: 7500 EUR each, Purchase health insurance covering Malta for each applicant.
Nomad Residence permit is for those who can work remotely and independent of location, using telecommunications technologies. In addition, he/she must be a third country national. The applicant must prove that he/she fits under any one of the three following categories: a) work for an employer that is registered in a foreign country and have a contract of work; b) conduct business activity for a company that is registered in a foreign country and of which applicant is a partner/shareholder; or c) offer freelance or consulting services mostly to clients, whose permanent establishments are in a foreign country, and with whom the applicant has contracts. Moreover, an applicant must reach a monthly income threshold of EUR 2,700 gross of tax. A Nomad Residence Permit holder may apply for renewal of the permit not later than one month prior to the expiry of the existing permit.
- Have the right to settle, stay and reside permanently in Malta.
- Enjoy Visa-free travel across Schengen for 90 out of 180 days
- Reasonable contribution and efficient application process
- Penetrate Maltas affordable real estate market
- Residency Card in 4 (four) weeks, Citizenship approval in 6 (six) months processing time & passport issuance in 12 (twelve) months (inclusive of processing time)
- May include up to four generations in an application
- Malta is an attractive place to live or to own a second home and is strategically located with excellent air links
Our commitment to you!
At Raizing Citizen, we work exclusively on your behalf. We are devoted to providing a specialized service to each of our clients with the knowledge that comes with years of expertise. Most of all, we give the insight and an array of options that allow our clients to make and secure investments with confidence.
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