I am trying to plan out the logistics of a move for our family, and the possibility of investing in real estate for a residence if we need to be in Malta for an extended period. How long do I have to be physically present in Malta?
Answers
Kindly note that at the moment the Maltese authorities are offering a very attractive programme referred to as the Malta Residence and Visa Programme, which is designed to attract non-EU nationals wishing to establish their residence in Malta. The Malta Residence and Visa Programme (MRVP) is a very interesting scheme which offers applicants the opportunity to reside, settle and stay indefinitely in Malta, as well as travel within the Schengen area without the need for applying for a visa. The MRVP is subject to a one-off contribution of 30,000 euros (with the possibility of including specified dependents which are not immediate dependents for an additional minimal contribution) with specified bond investments. Every application shall be presented to and examined by the competent authority - the Malta Residency Visa Agency -
through an Accredited Person and, or an Approved Agent such as BDO Malta. Below are outlined some of the general requirements for the main applicant to be issued a certificate of residency are as follow: 1) the applicant must be at least 18 years of age; 2) the applicant must be a third-country national; 3) the applicant must be in possession of a valid travel document; 4)the applicant must be in possession of a health insurance policy; 5) the applicant must be in possession of an annual income of at least 100,000 euros arising outside of Malta or has in his possession capital of not less than 500,000 euros.
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