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Malta Digital Nomad Visa – 3 Things You Need to Know

Malta has joined a list of other countries offering a digital nomad visa. The official name of this initiative is Malta’s Nomad Residence Permit, and it grants digital nomads the right to live in Malta whilst retaining one’s foreign employment or economic activity. Malta ticks all the right boxes for digital nomads with its excellent climate, strategic location in the centre of the Mediterranean and the safest country in Europe. It’s entire capital city, Valletta is listed as UNESCO World heritage site and although Malta is a small island it is full of hidden treasures for one to explore and discover.

3  things you need to know before submitting an application for Malta Nomad Residence Permit

1. Applicants must receive a gross monthly income of at least €2,700

In order to apply for Malta’s Digital Nomad Visa an applicant must show to the authorities that he/she earns at least €2,700 gross monthly income. The authorities accept applications from three different categories of digital nomads. This includes:

  • Individuals who are employed in a foreign country and can work from Malta. Such individuals must show a contract of work and provide evidence that they have been employed by the same company for at least 3 months, or
  • Individuals who conduct business activities for a company registered outside of Malta and of which the applicant is a partner or a shareholder. Under this category such individuals must prove that they have been conducting such work for at least six months, or
  • Individuals who offer freelance or consulting services to clients whose permanent establishments are outside of Malta. Under this category such individuals must show that they have been doing such work for at least 3-6 months.

2. Applicants can bring their family members as well

Together with one’s application, the digital nomad can apply to bring to Malta: the spouse (including same-sex couples), minor children and adult children who are principally dependent on the main applicant. Adult children who are unable to cope independently due to a disability or medical condition can also apply together with the main applicant. Applicants adding family members must show additional income over and above the €2,700 per month.
For each family member, the main applicant must show that he/she earns an additional €255 per month.

3. Malta Nomad Residence Permit can be renewed for a maximum of 3 years

Once approved, the initial Nomad Residence Permit is issued for 1 year. The Permit may be renewed twice for a total stay of a maximum period of 3 years in Malta.
To be eligible for renewal, the applicant must provide proof that he/she has resided in Malta for a cumulative period of at least 5 months over the previous 12 months. One may apply for a renewal of the permit by not later than forty-five (45) days prior to the expiry of the existing permit.

Malta Tax Domicile

Malta tax domicile

The Malta Tax Domicile of an individual is the most persistent tax connection recognized in Maltese tax law and is acquired from one’s father at birth or after reaching the age of 18 by choice. Losing one’s Malta tax domicile cannot happen without intent, action and strong resolve.  Likewise, for a foreign non-dom person to acquiring tax domiciled status in Malta requires significant planning and implementation.

Malta Tax Domicile: Domicile of Origin

A person acquires tax domicile of origin at birth automatically from the father.  Children born out of wedlock or losing their father, automatically adopt the domicile of their mother. Where the country of birth is different from the country of the father’s domicile, the father’s domicile prevails as the domicile of birth of that individual.

Automatic Revival of the Domicile of Origin

The strength of the domicile of origin is demonstrated by the automatic revival of this domicile upon abandoning the domicile of choice without the acquisition of a new one.  The tax domicile of origin remains relevant throughout the life of the person as domicile retains its capacity for revival.

Malta Tax Domicile: Tax Domicile of Choice

It is very difficult to renounce the domicile of origin. Only upon reaching majority can a person exercise legal capacity to adopt a new domicile – a domicile of choice.  However, the burden of proof of the acquisition of a tax domicile of choice falls upon the taxpayer claiming this change in tax domicile.

Conditions for acquiring a new Domicile of Choice

To lose one’s domicile of origin one must acquire a domicile of choice. It is not sufficient to leave the country of domicile of origin permanently without clear evidence that the individual has no intention whatsoever to return to the country of his domicile of origin.  In order to do so one must be able to prove that:

  • He is resident in the new country.
  • He intends to reside there permanently or for an unlimited time.

One must be physically present in a country in order to acquire the domicile of choice. One must also consider criteria such as the individual’s business and family interests in the new country of domicile, the ownership of any property there and any remaining ties with other countries.

Malta Tax Domicile: Tax Domicile by Operation of Law

To establish a definite legal system by which certain rights and obligations may be governed, the objective of the law is that no person shall be without a domicile. This is crucial today, especially because free movement has given not only rights to individuals but also obligations and in the interest of liability, it is necessary to hold that a person cannot posses more than one domicile at the same time.

Given the importance of having a domicile, in situations where one cannot establish the domicile of origin and is unable to make a choice, the law intervenes. The third kind of domicile is the domicile of dependence and it arises by operation of law.

The Domicile of Dependence

It is a domicile in which the law establishes a person’s domicile, such as in the case of a foundling, where the law provides that a foundling acquires the domicile of the country where he is found.

It has been held that as the domicile of origin requires the child to take the domicile of the father at birth, in the case where either the child’s father is dead or the child is illegitimate, the child acquires the domicile of the mother.

Until one has the legal capacity to adopt a domicile of choice, his domicile of origin will be replaced by domicile of dependence should the person on whom he is legally dependent adopt a domicile of choice elsewhere. This means that until a person reaches adulthood his domicile will shift according to the domicile of the person on whom he is dependent. Women take up their husband’s domicile upon marriage and such domicile is maintained even if they are legally separated or if the husband passes away (Attard, 2005).

Non Dom Status for Malta Residents

Foreigners considering taking up residence in Malta under whichever Malta immigration programme or any Maltese special tax programme, will oftentimes enjoy the benefit of non-dom status. Non doms who are resident in Malta are not subject to tax on their worldwide income and instead are subject to tax on income arising in Malta.  Residence can be acquired under the special tax status programme the Malta Global Residence Programme requiring a yearly minimum tax payment of merely €15,000 and an upfront investment of only €6,500.   Alternatively, one can acquire Permanent Residence for life for all the family under the Maltese Permanent Residence Programme by buying or renting a property in Malta.

Malta Tax Domicile Planning

Losing, acquiring or reviving tax domicile requires expert planning by experienced tax lawyers.  For an expert tax consultation on Maltese tax domicile and residence planning, book a meeting with one of our tax lawyers. With over 20 years advising on Maltese personal and corporate tax matters, we look forward to assisting you with planning your relocation, residence or tax domicile in Malta.


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Malta Nomad Residence Permit – Frequently Asked Questions (FAQ)

The Malta Nomad Residence Permit is aimed at attracting digital nomads who can work remotely from Malta. The country has been attracting digital expats ever since Malta has become a hub for online gaming and now has enacted a legal framework to grant a residence permit to non-EU digital nomads. The country ticks all the boxes for digital expats with Malta’s location in the middle of the Mediterranean making it a stone throw away from Europe, the Middle East, and North Africa.

In addition, digital nomads are flocking to Malta since English is the country’s official language and the language used by main businesses.

The following are frequently asked questions about immigrating to Malta under the Nomad Residence Permit.

Who is Eligible to apply for a Nomad Residence Permit?

An individual applying for this permit must prove that he/she is a non-European national who can work remotely from Malta, using telecommunications technologies.

What type of employment engagements are accepted to be eligible for a Nomad Residence Permit?

To be eligible, the applicant must fall under one of the following three categories:

(i) Be employed with an employer registered in a foreign country and have an employment contract.

(ii) Conduct business activity for a company registered outside of Malta and of which the individual applying is a partner or a shareholder.

(iii) Offer freelance services to clients whose permanent establishments are outside of Malta and with whom the applicant has contracts.

What is the monthly income required to be eligible for a Nomad Residence Permit?

Applicants must reach a gross monthly income of €2,700, in addition to a 20% of the median wage for each family member.
The above-mentioned figure may be reviewed periodically, upon the publishing of the new median by the National Statistics Office.

How much is the Government Application fee to apply for the Malta Nomad Residence Permit?

The application fee is of €300 for the main applicant and €300 for each family member included in the application.

For how many months prior to the submission of the application does the applicant need to show the €2,700 income in case of employment?

The applicant needs to show a three (3) months bank statement of inward transactions from salary/income declared if he is employed with a company.

For how long does the applicant need to be in self-employment before applying for the Nomad Residence Permit?

An applicant must show a minimum of (6) six months of bank statements in case that he is conducting a business activity. Nevertheless, with regards to Self-employed and/or freelancers the application is vetted on a case-by-case basis in order for the Agency to determine whether such statements are admissible or not.

If the monthly income of €2,700 could not be shown every month can one month compensate for the other?

This will be taken in consideration, yet it must be explained in the Letter of Intent. Moreover, the applicant’s annual income must not be less than €32,400.

Who is not eligible to apply for a Nomad Residence Permit?

Citizens of the European Union and their family members cannot apply for the Malta Nomad Residence Permit.

Can Family members be included in the Nomad Residence Permit?

Yes, applicants may submit applications for their family members with their application or even when already holding a Nomad Residence Permit or a Visa. The duration of the residence permit issued to family members depends on that of the Main Applicant.

Who is defined as a Family member?

For the purpose of this policy, family members are defined as:

(i) the spouse of the main applicant in a monogamous marriage or in another relationship having the same or a similar status to marriage, including a civil union, domestic partnership, common law marriage, provided that for the purpose of these regulations, the term “spouse” shall be gender neutral, and saving the CEO of Residency Malta Agency’s discretion to authorise, on a case-by-case basis, other relationships having a similar status as aforesaid.

(ii) a child, including an adopted child, of the main applicant or of his spouse who, at the time of application, is less than eighteen (18) years of age.

(iii) a child, including an adopted child, of the main applicant or of his spouse, who at the time of application is over eighteen (18) years of age, is not married, and who proves, to the satisfaction of the Agency that at the time of application he is principally dependent on the main applicant, moreover, the same applies to children with a medical condition or disability.

Can family members work in Malta with their Nomad Residence Permit?

Residence permits issued to family members under these guidelines do not grant them the automatic right to work in Malta. The said third country nationals who wish to take up employment in Malta must apply for an employment license with Jobsplus.

What is the duration of a Nomad Residence Permit?

A residence card under this permit is issued for one (1) year and can be renewed upon application at the discretion of the residency agency. The applicant can also opt for a shorter

Can the applicant opt for a shorter period such as between 91 to 180 days?

Yes, in such case a Nomad Residency Visa will be issued.

Can an applicant reapply after being issued with a refusal letter?

One cannot reapply under this programme after being issued with a refusal for a previous application.

What is the timeline of the application process?

The Application process under the Malta Nomad Residence Permit is approximately thirty (30) working days following submission of the application and payment of the application fee.

What does the Application Process entail?

The application is to be submitted via e-mail along with the supporting documentation as per the programmes’ checklist. Once vetted by the government agency, a receipt of application is sent with instructions for payment of the €300 administrative fee for each applicant. The administrative fee is to be paid by means of a bank transfer.

Once the payment is received the application will proceed to the due diligence stage where further checks will be conducted. When these checks are completed and a decision is made, the applicant and his representative shall be contacted via email with a decision letter.

Should the application be successful, a letter of Approval in Principle is issued with instructions to submit proof of accommodation and a Health Insurance Policy. At this stage the applicant is to visit Malta to attend an appointment to submit biometric information for the residence card to be issued.

When will Proof of Accommodation be requested?

Proof of accommodation in the form of a rental agreement or contract of purchase will be requested once an application is approved.

When should the Health Insurance Policy be submitted?

The Health Insurance policy can be submitted upon submission of application, yet it is suggested that this is submitted upon the issuance of the Approval in Principle letter.

How can ACC Immigration Assist?

ACC Immigration is licenced by Aġenzija Komunita’ Malta and accredited to submit Nomad Residence Permit applications on behalf of applicants. ACC Immigration holds licence number AKM-ACCA-22.

 

Malta Citizenship by Direct Investment 2022

Malta Citizenship by Direct Investment 2022

The Malta Citizenship by Investment Regulations issued by means of Subsidiary Legislation 188.06 provides for the grant of Maltese citizenship by exceptional services on the basis of exceptional investment in Malta.

Malta Citizenship by Direct Investment in 2022

In 2022, with the continuously evolving global dynamics and word politics a number of high-net-worth individuals are looking at investment options which lead to the granting of citizenship. By virtue of the Malta citizenship programme, investors can give their family members the opportunity to widen their horizon while becoming part of a new community in Malta.

Applicants under the citizenship regulations can only be submitted by duly licenced agents. ACC Immigration’s lawyers are licenced to assist applicants in submitting applications under this citizenship route.

Malta Citizenship by Direct Investment 2022 – Who Is Eligible?

Below the requirements to apply for the Malta Citizenship by Direct Investment in 2022:

Residence and Genuine Connection to Malta

Prior to submitting a citizenship application, an applicant shall provide evidence that he was a legal resident of Malta for 12 or 36 months. During this period of residence, the applicant must also provide evidence of a genuine connection with Malta.

Property Purchase or Rental

The applicant shall during the residence period submit a citizenship eligibility application and undertakes that on approval he purchases a residential property valued at least at €700,000 or else rents a property for a minimum yearly rent of €16,000. Such property shall be kept for at least five years from when the Maltese citizenship is granted.

Donation

The applicant must also undertake that once the application is approved, he donates €10,000 to a registered philanthropic organisation.

Exceptional Contribution to Malta

The applicant also needs to make an exceptional contribution to Malta of €600,000 when a citizenship application is submitted after 3 years of residence or €750,000 when the application is submitted after 1 year. A non-refundable contribution of €50,000 applies for additional family members.

Malta Citizenship by Direct Investment 2022 – Due Diligence

When submitting a citizenship eligibility application, due diligence is undertaken on the main applicant and all family members. The cost for the due diligence is of €15,000 for the main applicant and €10,000 for each family member. The applicant can also include in the application a spouse or a partner in a long and durable relationship, and unmarried and financially dependent children who have not yet attained the age of 29.

The main benefits of the Malta Citizenship by Direct Investment in 2022

  • Visa Free Travel to over 184 countries
  • Citizenship of one of the most and stable countries in the World
  • Applicant may include his family members
  • Citizenship is granted for life
  • Malta allows multiple and dual citizenship
  • Citizenship is passed down to future generations

Learn more about the benefits of the Malta Citizenship by Direct Investment

The number of citizenship certificates to be issued in 2022 under these regulations shall not exceed 400 and a total of 1,500 for the duration of the programme.

Questions? Contact us or check our Malta Citizenship by Direct Investment FAQ Section

 

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Malta Citizenship by Investment Fund

:Malta Citizenship by investment fund

The Fund in which proceeds from Malta’s Citizenship by direct investment are directed is the National Development and Social Fund (NDSF). The NDSF is a government agency which was established in 2015 by the previous Individual Investor Programme Regulations under the Malta Citizenship Act (Chapter 188).

Malta Citizenship by Investment Fund: The Malta National Development and Social Fund (NDSF)

As per Article 13 of the IIP Regulations the NDSF shall received 20% out of the contributions received by the Malta Individual Investment Programme Agency (MIIPA). This Government Agency has now been substituted by Komunita Malta Agency. The NDSF is administered by a Board of Governors who shall be appointed by the Cabinet of Ministers and is responsible for ensuring the highest level of governance of he Fund. The Board of Governors is responsible for setting the investment strategy of the NDSF and for this purpose the fund has allocated three main portfolios, namely the Directed Portfolio, the Discretionary Portfolio and the Unallocated Portfolio. The Discretionary Portfolio holds 30% of all funds received from Komunita Malta. The NDSF has given an investment, management, custody and administration mandate to the Central Bank of Malta to manage this portfolio on a discretionary basis. The Directed Portfolio holds 70% of all funds received from Komunita Malta which are used for social and development purposes. Any funds which are not allocate to either the Directed or Discretionary Portfolio are retained in an Unallocated Portfolio. The Fund is required to publish annual audited accounts and an annual report which are tabled in Parliament and also subject to scrutiny by the National Audit Office.

The aim of the Malta Citizenship by Investment Fund

The main aim of the citizenship fund is to contribute towards supporting major projects and initiatives of national importance and public interest such as education, infrastructure, heritage, research and innovation, justice, the rule of law, sports, employment, and public health. The vision of the fund is to contribute towards the growth of the country’s sovereign wealth by adhering to the highest standards of accountability and transparency.

NDSF assistance during Covid-19

During Covid the Maltese Government has diverted 80% of the funds’ income to public finances to cushion the Covid-19 expenses. This temporary measure meant less funds to the NFSD. Under normal circumstances only 30% from the citizenship by investment programme is allocated to public finances with 70% going to the NSDF. Malta’s Prime Minister described the NDSF as a war-chest during the pandemic. During 2020, the NDSF received €27.8 million from Komunita Malta Agency, so that the total amount of proceeds received from inception to-date amounts to €599.8 million. In 2019, NDSF received €105.9 million. The difference is the result of the fact that in 2020, the ratio of how funds are distributed was changed in order to reflect the exigencies of the global health pandemic.

In order to protect the economy, the Maltese Government guaranteed an €800 monthly wage supplement for employees which the employer had to bolster with another €400. This means that for those employees on a minimum wage the government sponsored 90% of their salary. This measure covered over 60,000 workers, whilst those who lost their job were entitled to a temporary salary paid by the government of €800 euro per month for full timers and €500 per month for part timers. A benefit of €800 per month (€500 in case of part-timers) was also paid to one of the parents (including single parents) who took additional unpaid leave to take care of children whilst schools remained closed, when both parents work in the private sector.
The government had also postponed all tax dues for affected companies to ensure they would have enough liquidity. Banks offered moratoria on existing loans and the NDSF provided the funds so that the Malta Development Bank could guarantee capital loans to affected firms.

Malta Citizenship by Investment Fund: The Projects

The Maltese Government has used funds from the NDSF to improve Malta’s healthcare, social and sport projects and to protect Malta’s cultural heritage.

NDSF assistance for social projects

Since the fund was set up, €109 million have been allocated to social projects, €66 million of them pledged to social housing developments. The fund has also invested around €33 million towards various social projects including co-funding to local voluntary organisations. Funds were also allocated to help those who can’t get life insurance (owing to a past medical condition) to get a home loan. The NDSF has also allocated €1.5 million to Caritas for the charity organisation to invest in a new property assisting people in need.

NDSF assistance for healthcare projects

The Maltese Government has used funds from the NDSF to improve Malta’s healthcare. In 2021 a new cardiac suite was inaugurated with a €1 million euro investment. The government has also diverted €8 million from the fund to Hospice Malta for the completion of a palliative care complex project which will offer day therapy and outpatients clinic for cancer patients who can no longer live at home whilst remaining surrounded by their loved ones. Another significant investment in this area was a €5 million deal to build apartments in London for cancer patients receiving medical treatment there.

NDSF assistance for sport projects

Funds from the NDSF are also used to support sports. In 2021, €5 million were allocated to train Team Malta ahead of the next edition of the Small Nations Games which will also be hosted in Malta in 2023. Another €20 million originating from the NDSF will be allocated to build Malta’s first professional car racetrack.

NDSF assistance for cultural projects

Funds from the NDSF are also used to protect Malta’s cultural heritage. Various monuments and churches in need of restoration benefit from funds originating from the NDSF. The fund will also be using income from the NDSF to buy property which is rented out to band clubs from private owners. This is in line with the NDSF mission to contribute towards, promote and support major projects that are of national importance. When properties are acquired, such premises will be transferred to the respective band clubs, under a new title of long lease.

NDSF acquisition of Government Stocks, Investments and Banks

The NDSF has acquired a 49% stake in a local bank in Malta (Lombard Bank0 from Cyprus Popular Bank Public Co Ltd, a company who was placed in resolution, kicking off a process to dispose of certain assets including its shareholding in Lombard Bank Malta. The main aim for the acquisition on the part of the NDSF was to protect Maltese bank account holders. The NDSF has also purchased shares of Bank of Valletta. This equity investment (2.91% shareholding) by the NDSF in Malta’s largest investment grade-rated institution was considered by the Board of Governors to yield a relatively high return to the Fund in the current market environment, which will in turn contribute to the Fund’s sustained long-term growth for the benefit of future generations. In 2020, the NDSF has also purchases up to €104.8 million worth of government stocks and €57.5 million worth of treasury bills. It also invested €1.7 million in local equities and €1.1 million in corporate bonds.

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Malta & The Schengen Area

Malta and the Schengen Area

What is the Schengen Area?

The Schengen Area is an area made up of 26 European countries who decided to abolish internal border controls and strengthen common external borders. The Schengen Area has a common visa policy and functions as one jurisdiction for travel purposes. Common rules and procedures are applied to border controls and short stay visas. Simultaneously, cooperation and coordination between Police services and judicial authorities guarantee security, supported by the Schengen Information System (SIS) which is a common database shared by countries forming part of the Schengen Area.

Schengen Area and the EU

The Schengen Area is distinct from the European Union (EU) and in fact, there are countries who are part of the EU but not in the Schengen Area and there are countries which are not members of the EU but part of the Schengen Area.

List of the Schengen Countries

Iceland, Norway, Switzerland and Lichtenstein are members of the Schengen Area but not members of the European Union. On the other hand, Ireland, Romania, Bulgaria, Croatia and Cyprus are EU members but not yet part of the Schengen Area.

Schengen Countries in alphabetical order

The 26 Schengen countries in alphabetical order are Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, and Switzerland.

Is Malta in the Schengen Area?

Yes, Malta is in the Schengen Area. Malta joined the Schengen Area in 2007, three years after joining the European Union in 2004. On signing the Schengen Agreement, Maltese citizens or residents holding a Maltese residency card became no longer subject to border checks within the Schengen Area. Malta’s entry into the Schengen Area thus facilitated travel for citizens and residents of Malta especially coupled with the fact that most countries in the Schengen Area also adopted the Euro currency.

In a nutshell, the Schengen Area can be described as an area made up of 26 European countries which follow common rules in terms of police cooperation, strengthening of external borders and removing internal borders thus facilitating freedom of movement for its citizens and residents.

Malta Central Visa Unit

The Government entity in Malta responsible for overseeing the Schengen Code and the national visa policies is the Central Visa Unit. The responsibility of issuing visas is shared also with the Maltese Embassies and Consulates outside of Malta. There are mainly 2 categories of visas which Malta issues:

  • Schengen Visa: This visa, also known as a short stay visa, is issued for a period not exceeding 90 days and is regulated by the EU’s common provisions.
  • National Type D Visa: This visa, also known as long stay visa, is issued for a period exceeding 90 days but not more than 365 days.

The Visa code establishes the conditions and procedure for issuing a short stay visa. Thus, any visa application to enter Malta for a short stay must conform with all the requirements in the Visa Code.

The Malta Permanent Residence Programme & Schengen Access

By virtue of the Schengen Agreement, the rights granted to nationals of countries within the Schengen Area are also extended to residents holding a visa or a residence card issued by a Schengen member state. Thus, a valid residence permit together with a travel document can be a substitute for a visa and a third country national presenting his own passport together with a Schengen issued residence permit is allowed to enter the Schengen zone for 90 days in a 180-day period.

The benefits of holding a Maltese residence card thus can be as simple as travelling to France for holidays with one’s family without the need of applying for a visa, paying fees, and waiting for the bureaucratic process to be completed. The benefits of a residence permit issued by a Schengen country are endless and significantly enhance one’s ability to move in the Schengen Area for any tourist or business-related travel.

Malta Permanent Residence Programme (MPRP) – For Non-EU Nationals

Non-EU nationals can benefit from Malta’s Permanent Residence Programme (MPRP) which is a residence by investment programme granting a Schengen Residence card and thus giving the ability of visa-free travel within the Schengen Area. The MPRP is a residence programme based on an investment in property and a donation to the Government of Malta and to charity. It grants permanent residence within 4-6 months of submitting an application. Beneficiaries of such a programme enjoy the right to reside permanently in Malta and enjoy visa-free travel within the Schengen Area for 90 out of 180 days. Learn more about the benefits of the MPRP.

The main requirements include:

• Making a non-refundable contribution to the Government of €68,000 if purchasing real estate or €98,000 if renting a property, and
• Making a non-refundable donation of €2,000 to a charitable organisation, and
• Renting or Purchasing a property in Malta.

Applications under the MPRP are only to be submitted through a licenced agent. Our firm holds licence number AKM-ACCA-22 and can assist applicants to successfully apply for permanent residence under the MPRP.

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Malta Permanent Residence Programme (MPRP) Benefits

Malta Permanent Residence Programme - MPRP Benefits

Since Malta launched the Malta Permanent Residence Programme (MPRP) in 2021, a number of non-EU nationals understood the importance to have a permanent residence in a European country which grants the right to reside permanently in a chosen country.

Malta Permanent Residence Programme

The MPRP grants a permanent residence status within a period of 4-6 months from the submission of an application, making the Malta Permanent Residence Programme (MPRP) one of the most efficient residence programmes in Europe. In addition, the MPRP is unique in the sense that it is the only residence programme to grant permanent residence immediately. As a result, once an application under the Malta Permanent Residence Programme (MPRP) has been approved, the applicant and all qualifying family members can reside indefinitely in Malta and travel to the 26 countries forming part of the Schengen Area without a visa.

One of the main benefits of the Malta Permanent Residence Programme (MPRP) is that it allows the main applicant to include five generations in the same application. This family friendly measure is unique to the MPRP since other residence programmes (golden visas) in Europe impose a maximum age limit to include children, parents and grandparents of the main applicant.

Malta Permanent Residence Programme – Investment Options

The Malta Permanent Residence Programme MPRP offers prospective applicants two investment options to choose from. Applicants may either:

  • Rent a Property and Pay a Government Fee of €98,000, or
  • Purchase a Property and Pay a Government Fee of €68,000

Under both options, once an applicant is approved, a donation of €2,000 to a local charity is also required.

The MPRP is thus the only European residence by investment programme which allows the applicant to rent a property without having to purchase before applying for residency.  In addition, the above investment is only to be done once the application is approved and not at the outset.

Malta Permanent Residence Programme – Addition of Family Members

The MPRP is designed to allow the applicant to include a total of five generations. This includes:

  • Main Applicant and the Spouse
  • Parents of the Main Applicant and/or of the Spouse
  • Grandparents of the Main Applicant and/or of the Spouse
  • Children of the Main Applicant and/or of the Spouse (no age limit, must be financially dependent on the Main Applicant)
  • Future Grandchildren of the Main Applicant and of the Spouse

Malta Permanent Residence Programme – Efficient Process

Once an application is submitted, the government agency will run a four-tier due diligence check on the applicant and the source of funds. A final decision on the application is taken within 4-6 months making this programme the most efficient residence by investment programme in Europe.

Visa Free Travel with the Malta Permanent Residence Programme

Malta is a member of the Schengen Area which is an area made of up 26 countries which abolished borders and allows for the unrestricted movement of people. By obtaining residence under the MPRP, the applicant and qualifying family members are allowed to travel freely within the Schengen Area and stay for 90 days within 180 days.

Right to live permanently in Malta as a Maltese Permanent Resident

The applicant and all qualifying members are given the right to live and settle in Malta for life without any restrictions. There are a number of reasons why applicants relocate to Malta including safety and stability and a pleasant climate with over 300 days of sunshine.

Malta is one of the safest countries to reside in the world. In addition, it is also an English-speaking country making it easy for expats to quickly settle on the island. Crime levels in Malta are exceptionally low in comparison with most EU countries making it the second safest country in the world and first in the EU according to a study carried out by the AfrAsia Bank Global Wealth Migration Review.

Residing in Malta gives beneficiaries the right to access leading healthcare institutions and enlist children in a world-class education system.

Malta Permanent Residence Programme (MPRP) – Full benefits list

The full benefits of obtaining residence under the MPRP can be summarised into the following:

  • Malta is a member of the European Union (EU)
  • Malta is a member of the Schengen Area
  • Malta is a member of the Commonwealth
  • Malta has one of the strongest economies in the EU
  • Malta is economically and politically stable
  • Malta’s official language is English
  • Malta has the Euro (€) as its official currency
  • Malta has a first-class health and educational system
  • Malta enjoys one of the best climates in the world

How can we Assist?

Applications under the MPRP Malta Permanent Residency Programme can only be submitted through a Licenced Agent. Our firm is licenced by the Residency Malta Agency to submit residence by investment applications on behalf of applicants. ACC Immigration holds licence number AKM-ACCA-22. Get in Touch to learn more about the benefits of the Malta Permanent Residence Programme.

 

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Malta Permanent Residence Programme (MPRP) – FAQ

The Malta Permanent Residence Programme (MPRP) is a route to obtain residence for non-EU nationals wishing to reside in Malta or to travel within the Schengen Area without the requirement of a visa. The MPRP is a residence by investment programme which is based on three main requirements, which are: an investment in property, a government contribution and a donation to a Maltese registered charity or NGO. The main benefit of the MPRP is that the programme is a straightforward one with applications processed within 4 to 6 months as long as the applicant satisfies all the eligibility requirements.

Which legislation regulates the MPRP?

The Malta Permanent Residence Programme was launched by means of Legal Notice 121 of 2021. This legislation lists down the eligibility criteria and requirements for non-EU nationals to obtain residence in Malta through the MPRP.

Is The Malta Permanent Residence Programme open only for non-EU nationals?

The MPRP is only available to Non-EU nationals. Currently the Malta residency agency is not accepting applications from nationals of Afghanistan, North Korea, Iran, Democratic Republic of Congo, Somalia, South Sudan, Sudan, Syria, Yemen and Venezuela.

Will holders of MPRP be allowed to travel visa-free in the Schengen Area?

Beneficiaries of the MPRP may travel Visa-free to Schengen countries, and for a maximum period of 90 days within a 180-day period. The 26 Schengen countries are Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, and Switzerland.

Do I need to satisfy all the investment requirements under the Malta Permanent Residence Programme?

The applicant must satisfy all the investment requirements and cannot choose only one of them. The applicant must thus: 1) invest in property, 2) pay a government contribution and 3) give a donation to charity or an NGO.

How much is an applicant required to invest in property?

An applicant is only required to invest in property once a letter of approval is issued. This is different from the residence programmes of Portugal and Greece whereby the applicant is not able to submit an application without first purchasing a property.

In Malta, the applicant is required to either rent or purchase a property once the application is approved.

The applicant is required to rent a property for a minimum of €12,000 annually in Malta or €10,000 in the South of Malta or Gozo.

If the applicant opts to purchasing a property, he is required to purchase a property for a minimum of €350,000 in Malta or €300,000 in the South of Malta or Gozo.

How much is an applicant requited to contribute to the Government of Malta?

The Government contribution depends on whether an applicant decides to purchase or rent a property in Malta.

If the applicant decides to rent a property, the direct contribution and administration fee is of €98,000.

If the applicant decides to purchase a property, the direct contribution and administration fee is of €68,000.

At what stage is the applicant required to pay the Government Contribution and Administration Fee?

The applicant is only required to pay the €68,000 (purchase) or €98,000 (rent) once the letter of approval is issued. From this only €10,000 is to be paid within one month from the submission of the application.

Is the applicant required to pay additional fee for the spouse and children?

The Government Contribution and Administration fee of €68,000 (purchase) or €98,000 (rent) covers the main applicant, the spouse and their children. The applicant may also add the parents and/or grandparents at an additional government contribution of €7,500.

How much is an applicant required to donate to a charity organisation?

Once the letter of approval is issued, the applicant is required to donate €2,000 to a local registered philanthropic, cultural, sport, scientific, animal welfare or artistic non-governmental organisation or society registered with the Commissioner for Voluntary Organisations, or as otherwise approved by the Agency.

Which family members are eligible to be added in the same application of the Main Applicant?

The main applicant may include in the same application, the spouse, financially dependent and unmarried children (no age limits) and parents/grandparents of the applicant and/or of the spouse who are also economically dependent on the main applicant.

Would a child of the main applicant be entitled to free education in Malta?

Under the MPRP, a minor is not entitled to free education. However, if the main applicant or spouse acquires a work permit, the children would be entitled to free primary and secondary education in state schools.

Is the permanent residence permit valid for life?

The residence certificate issued under the MPRP is valid for life as long as all the programme obligations are adhered to. The residence card is valid for 5 years and renewed every 5 years.

Can the applicant first rent and then buy a property?

An applicant may opt to rent a property and then replace it with a purchased property. During the first 5 years the applicant is however not allowed to first purchase, and then rent a property.

For how long is the applicant required to keep the property in Malta?

The applicant is required to hold the qualifying rented or purchased property for at least five years during which it cannot be rented out to other persons. After the five-year period, the applicant is still required to have a property rented or purchased in Malta to retain the residence card.

Is the applicant required to proof that he is economically self-sufficient?

The applicant is required to show evidence that he is in possession of €500,000 out of which €150,000 should be in the form of financial assets. This amount does not change according to the number of persons included in the application.

Liquid assets can be stocks, bonds, funds and bank deposits. Cryptocurrency does not qualify as financial assets.

For how long is the Applicant required to be in compliance with the economic self sufficiency requirement?

Monitoring of beneficiary’s €500,000 in assets, out of which a minimum of €150,000 need to be financial assets will be made yearly for the first 5 years.

Is the applicant required to have a Health Insurance Policy?

Under the MPRP, a health insurance policy is required. The health insurance should cover all beneficiaries for a minimum of €30,000 per annum and covering full expenses for Malta.

Is an applicant required to be in Malta to start the application?

The applicant is not required to be in Malta to submit an application, since an application can only be submitted by an Accredited Agent.

How can ACC Immigration Assist?

We are a licenced firm by Agenzija Komunita Malta, accredited to submit permanent residence applications on behalf of applicants. ACC holds licence number AKM-ACCA-22.

Why Are South Africans Moving to Malta?

Malta, one of the safest countries in the world is attracting a number of South African nationals who are relocating due to various reasons. With the rise of Covid cases, the increment of travel restrictions for South African passport holders, and the lack of safety in general, a number of South African nationals are applying for Maltese residency or citizenship as a Plan B to be able to relocate if the situation continues to deteriorate.

In this publication, we explain why Malta is the best option for South Africans wishing to, not only be granted the right to live in Europe, but also access all European financial markets while offering their children a future filled with opportunities and choices.

1. Malta is Safe and Secure

An increase in crime rates is most often directly attributable to lack of employment opportunities in a country. Malta boasts of one of the lowest unemployment rates in Europe, with an unemployment rate of only 3.6% in 2021, and finding employment in Malta is quite relatively easy.

For the fourth consecutive year, in 2021 crime rates in Malta decreased by 16% which shows that Malta is a safe country to relocate to. Malta’s crime rate, at 31 instances of crime per 1,000 inhabitants largely culminates above the EU’s average 59 instances per 1,000 inhabitants. Indeed, crime levels in Malta are exceptionally low in comparison with most EU countries making it the second safest country in the world and first in the EU according to a study carried out by the AfrAsia Bank Global Wealth Migration Review. These indexes and statistics reflect a number of factors such as freedom of the press, equality in terms of gender, multi-culturalism, respect to various cultures and religions and minimal exposure to natural disasters. As a full member of the European Union, Malta is recognized as a safe place where immigrants feel part of a welcoming community.

2. Malta is an English Speaking Country

Malta, being part of the Commonwealth, is the only country in the Schengen area with English as its official language. Being an official language of Malta, English is widely spoken and is considered to be the everyday life language of most Maltese residence, making the shift to Malta, for those wishing to relocate, very smooth and free of language obstacles.
For children and university students particularly, it allows them to continue their education path with no interruption caused by any language barrier. In addition, Malta hosts a number of English schools attracting students from all over the world.

3. Visa Free Travel Destinations for Maltese Citizens

These two reasons, combined with the 186 visa-free destinations you can access as a Maltese passport holder (including the US, Canada and the UK) places Malta as a top-notch choice for South Africans, wishing to offer their families a brighter future filled with opportunities, while protecting their personal and commercial interests.

How can South African Nationals Obtain Maltese Residency or Citizenship?

It doesn’t come as a surprise that the South African community in Malta is growing. We will now explain how a South African national can apply for citizenship or residency in Malta.

Malta Permanent Residence Programme (MPRP)

The Malta Permanent Residence Programme is the most popular residence programmes with South African nationals based on the fact that this gives permanent residence which is valid for life. The MPRP was launched in 2021 and it grants permanent residence if an applicant satisfies the following requirements:

  1. A contribution of either €68,000 or €98,000 which is to be paid upon approval depending on whether the applicant rents or purchases property in Malta.
  2. An investment in property (rental or purchase), and
  3. A donation of €2,000 to a Maltese charity organisation or NGO.

Malta Global Residence Programme (GRP) for South Africans

The Malta Global Residence Programme on the other hand grants a special tax status by virtue of which an applicant can apply for a Maltese residence card. Since 2013, the GRP has been seeking expatriates seeking an alternative tax residence jurisdiction in the European Union.
The applicant must also satisfy 3 requirements including:

  • A one-time non-refundable fee of €6,000
  • An investment in property (rental or purchase), and
  • A minimum annual tax payment of €15,000

Malta Citizenship by Investment for South African Nationals

The Granting of Maltese Citizenship for Exceptional Services by Direct Investment is regulated by Legal Notice 437 of 2020. Under these regulations, investors can apply for Maltese citizenship after three years or by an exceptional investment after 1 year of residency.
Under these regulations, an applicant may apply for Maltese citizenship through investment if he satisfies the following requirements:

  • An exceptional contribution of €600,000 when the application is submitted after 36 months of residence or €750,000 when the application is submitted after 12 months of residence, and
  • An investment in property (rental or purchase), and
  • A donation of €10,000 to a Maltese charity organisation or NGO.

How Can We Assist?

ACC Immigration is licenced by Agenzija Komunita Malta to submit applications on behalf of interested applicants and holds licence number AKM-ACCA-22.

Malta Citizenship by Direct Investment – Frequently Asked Questions (FAQ)

Acquiring Maltese citizenship by investment is possible through amendments done to the Maltese Citizenship Act and Legal Notice 437 of 2020. In this article we’ll answer the most frequently asked questions on the Granting of Maltese Citizenship for Exceptional Services Regulations.

What is the Legal Basis for the Malta Citizenship by Direct Investment Regulations?

The Granting of Citizenship for Exceptional Services Regulations (SL 188.06) lists down the eligibility criteria and requirements to apply for citizenship through investment in Malta.

Is there any maximum number of applicants allowed under these Regulations?

The number of citizenship certificates to be granted under these regulations shall not exceed 400 yearly and a total of 1,500 for the whole duration of the citizenship regulations.

Can the Main applicant add family members in the Malta citizenship by investment application?

The Malta citizenship regulations allow the main applicant to include in an application the spouse, unmarried children of the main applicant and of the spouse who have not yet attained the age of twenty-nine (29) as well as economically dependent parents and grandparents of the applicants over the age of 55.

What are the main requirements needed to apply for Malta citizenship by investment?

  1. There are three main requirements an applicant must do when he is approved for Maltese citizenship:
  2. Purchase a residential property worth at least €700,000 or rent a property for a minimum annual rent of €16,000, which shall be kept for a minimum of five (5) years, and
  3. Donate a minimum of €10,000 to a registered and compliant philanthropic, cultural, sport, scientific, animal welfare or artistic NGO, and
    Make a non-refundable direct investment of 600,000 when the application is submitted after 36 months of residence or €750,000 when the application is submitted after 12 months of residence. An additional direct investment of €50,000 is required for each additional dependant.

Is the applicant required to keep the qualifying investment for life?

The applicant is required to keep the qualifying purchased or rented property for at least five years from the date on the certificate of naturalisation.

When is the starting date for the residence period?

The residence period starts on the day when the Malta residence card is issued. All adult dependants who wish to apply for Maltese citizenship under these Regulations must hold a residence permit in Malta.

Are there any nationals of certain countries who are not eligible to apply?

Nationals or individuals with close links to Afghanistan, Congo, Iran, N Korea, Somalia, Sudan, South Sudan, Syria and Venezuela are ineligible to apply for Maltese citizenship under these Regulations.

Are Due Diligence Fees payable for all applicants?

Due diligence fees only apply for individuals over the age of 12. The due diligence fees payable are of €15,000 for the Main Applicant and €10,000 for each dependent included in the application.

Can an applicant add dependants after the submission of the application?

The application is final when the citizenship eligibility is submitted and the fees at that stage are duly paid. The applicant can only apply for Maltese citizenship to any new-born children at that stage.

At what stage must the applicant decide on which route to take?

The applicant should declare his intention whether he will opt for the 1 year or 3 year route when applying for the Malta residence permit.

Is the applicant required to take an Oath of Allegiance?

The applicant and all adult dependants are required to take an Oath of Allegiance to the Republic of Malta.

How can we assist?

ACC Immigration is licenced by Agenzija Komunita Malta to submit citizenship by investment applications on behalf of interested applicants and holds licence number AKM-ACCA-22