Malta’s Permanent Residence Program (MEIN) is particularly attractive to foreign investors seeking to relocate, invest, or conduct business in Europe while gaining second citizenship.
Nestled in the heart of the Mediterranean Sea, Malta is an alluring destination to call your second home. Beyond its natural beauty and favorable climate, Malta offers exceptional programs that empower individuals to thrive in the business world. As a member of the European Union, Malta enjoys a stable political climate, robust economy, and hosts some of the world’s most reputable banks.
Malta’s Permanent Residence Program (MEIN)
The Malta Permanent Residence Program is a highly sought-after investment program in Europe, known for its long-term benefits to investors. Introduced by the Maltese Government, the program aims to attract foreign investment and business expertise into the country.
The new program, “Malta citizenship by naturalization for exceptional services,” grants you and your family citizenship by a Certificate of Naturalization in exchange for contributing to the country’s economic development. To be eligible, you must make a minimum investment and prove 12 or 36 months of residency in the country.
Eligibility
The principal applicant must fulfill the following criteria:
- Be at least 18 years old.
- Make an investment of at least €600,000 (after 36 months of residency) or €750,000 (after 12 months of residency).
- Purchase a residential property worth at least €700,000 or lease a residence with an annual rental value of €16,000.
- Donate €10,000 to an approved organization.
- Hold a valid residence card.
- Demonstrate good health for you and your family members.
- Undergo a thorough due diligence process.
Benefits
The Malta IIP offers a range of benefits:
- Work or Study in EU Countries: Gain the right to live, work, or study throughout the EU, along with lifelong family security.
- Visa-Free Travel: Enjoy visa-free travel to over 180 countries, including the USA, Canada, and the Schengen Area.
- Quality of Life: Experience a high quality of life with clean air, property rights, freedom of speech, modern infrastructure, and a vibrant culture.
- Healthcare: Access Malta’s excellent healthcare system, ranked among the top five globally by the WHO.
Investment Requirements
- Contribution: Contribute €600,000 (36-month residency) or €750,000 (12-month residency) to the National Development and Social Fund.
- Donation: Donate at least €10,000 to a registered non-governmental organization or society.
- Real Estate: Purchase a property worth at least €700,000 or lease a property for a minimum annual rent of €16,000.
Residency Requirements
You and your dependents must hold Maltese residency for at least one year. To attain residency, you’ll need to file an application with your licensed agent’s assistance.
Family Inclusion
Spouses, children under 18, dependent children up to 25, and parents and grandparents over 55 can be included as dependents.
Taxes
Malta’s tax system is based on domicile and residency. Individuals residing in Malta for at least 183 days per year are subject to tax on their income and capital gains in Malta.
Securing Global Freedom in Malta
The Malta Permanent Residence Program offers a unique opportunity to secure EU residency and a second passport while enjoying the benefits of living in a beautiful Mediterranean country with a thriving economy. If you’re considering this program, consult with a qualified immigration professional to guide you through the process.
