Malta is a small archipelago located in the Mediterranean Sea, south of Italy. The island-state boasts a warm climate, an English-speaking population and a rich history. Thanks to its diverse cultural past, it has been a growing tourist and expat destination year after year. Popular cities in Malta include the capital and port city of…
Vietnam’s economy has been growing substantially over the years with a growth of 8.02% in 2022, the fastest annual growth since 1997. Despite the pandemic, the Vietnamese economy remained strong, making it Southeast Asia’s fastest growing economy. With its booming economy and GDP there has been a rise in the number of Vietnamese high net…
Malta Permanent Residence Programme The Malta Permanent Residence Programme offers permanent residence in return for a property investment in Malta, a contribution to the government and a charity donation. Residency cards are valid for 5 years and can then be renewed indefinitely if the investor maintains an address in Malta (rented or purchased). The Malta…
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…
ACC’s Immigration, Managing Partner Dr Priscilla Mifsud Parker, has been re-appointed as Chair of the Malta branch of Step – the Society of Trust & Estate Practitioners. STEP is an international professional body consisting of accountants, legal practitioners and trustees that support families plan for their future. Dr Mifsud Parker has been re-appointed for another…
The Malta Tax Domicile of an individual is the most persistent tax connection recognised 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…
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…
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…
The Malta Nomad Residence Permit launched in June 2021 has proven to be a very successful initiative to attract non-European digital nomads to reside and work from Malta. In a press conference addressed by the Parliamentary Secretary for Citizenship and Communities it was announced that to date, the Residency Malta Agency has received over 180…
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…