MALTA – THE MOST LIVABLE ISLAND NATION IN EUROPE
Malta is a friendly and hospitable country in the European Union (EU). Above all, Malta is a bright spot to be learned and chosen for immigration by many investors around the world. Besides, the immigration procedures in this country are also extremely simple and flexible.
1.Where is Malta country?
The Republic of Malta is a small island nation in the Maltese archipelago, located between Sicily (Italy) and the coast of North Africa, famous for its many ancient historical sites.
Malta’s climate is so pleasant, the people are friendly and the natural scenery is marvelous and peaceful. The official languages in this country are Maltese and English.
Malta has:
– Area: 316 km²
– Population: about 450,000 people
– GDP: 5.4 billion USD
– Per capita income: 21,000 USD
In addition, in Malta, the human development index, education system, health care or social welfare system all meet European standards. Those things are enough to affirm the high quality of life and worth it for investors to settle in Malta
2. What does Malta country look like?
History begin
Malta has a long history dating back to 6000 BC.
Malta became a Commonwealth country known as the State of Malta in 1964 and a republic in 1974. Since 2004, the country has been a member state of the European Union.
Geography
Malta is an archipelago located in the middle of the Mediterranean Sea. There are three large islands – Malta (Malta), Gozo (Għawdex), and Comino (Kemmuna) – that attract a lot of residents. Malta is located 80km south of Italy, 284km east of Tunisia, and 333km north of Libya.
Many bays are located along the undulating coastline creating stunning seaports. The topography consists of low hills and plains. Malta’s highest point is the 253m high Dingli cliff. Malta belongs to the Mediterranean climate zone. And according to the World Wide Fund for Nature, the territory of Malta belongs to the Mediterranean forest and shrubland.
Economy
Malta is the only country in the four major organizations: EU, Schengen, Commonwealth, and Eurozone. The Maltese government always implements many policies to attract foreign investors.
Once investors are granted Maltese citizenship, the investors will become European citizens, who enjoy the freedom of movement to all 28 European countries and Switzerland. Investors are allowed to establish businesses in Malta and are issued with a Maltese passport that allows them visa-free travel to more than 160 countries worldwide including the US.
Politic
Malta is a republic, the Head of State is the President (5-year term). The National Assembly consists of 1 House with 65 seats (5-year term).
Under the Maltese Constitution, the President is elected by parliamentarian for a term of five years. Based on the election results, whichever party leader or coalition leader gets the majority of votes will be nominated prime minister.
The current Prime Minister of Malta is Sir Robert Abela, elected Prime Minister on 13 January 2020.
Cultural
Malta has become a country of diversity in terms of ethnicities, cultures, and traditions thanks to the strengthening of immigration policy. In this country, there are always unique cultural features, annual traditional festivals such as La-Festa, Carnaval, or fascinating ceremonies here.
For that reason, Malta attracts a large number of investors who want to settle in Europe.
Up to now, in Malta, there are 7 world cultural heritages recognized by UNESCO.
3.Benefits of becoming a Maltese Permanent Resident
Maltese citizens will be free to move to European countries and the United States. In addition, when becoming a citizen of this country, investors can freely work in the UK, Germany and the Netherlands.
Immigrants are also entitled to a completely free education and healthcare system. Besides, the tax system is low and there are many preferential policies to support Maltese permanent residents.
4. Malta Permanent Residence Program (MPRP)
The Malta Citizenship by Investment Program allows investors and their families with non-EU and Swiss citizenship to reside permanently in Malta and freely travel to 26 Schengen countries without a visa.
The whole family of 4 generations: spouse, children, parents, grandparents (of both husband and wife) can be granted a visa.
Condition:
– Investor must be at least 18 years old
– Have a clean criminal record
– Meet the investment requirements with a budget to participate in the investment program from €500,000 of which a minimum of €150,000 is the main asset. Investors need to invest at least 5 years in real estate and contribute to the Government.
Investors can learn about the Malta Permanent Residency Program (MPRP) HERE
Conclusion
Malta is considered the gateway to Europe. Malta is one of the attractive immigration destinations because the cultural, political, or economic conditions all help investors have a convenient and comfortable life.
Portico & Bridge is a leading European immigration consultant, with more than 35 years of experience and a team of more than 50 professionals worldwide. For more information about the Malta Permanent Residence Program, please contact Portico & Bridge for detailed assistance.
Call us now at 0909.898.758
At PORTICO & BRIDGE, “Your Children, We Care”.