Republic of Malta -The secret to settling in Malta for newbies
Known as the “pearl in the middle of the Mediterranean”, the Republic of Malta impresses the world with its ancient and the beauty of landscapes, friendly people and stable economy. Therefore, the settlement for developmentin this country is attracting a lot of attention from investors.
1. Where is the Republic of Malta located?
The Republic of Malta is a small island country located less than 100km from the Italian island of Sicily. The Republic of Malta is one of the oldest cradles of Mediterranean civilization with three islands: Malta, Gozo and Comino, of which Malta is the largest.
Flights from Malta to major cities across Europe such as Rome, London, Paris, Madrid, etc. are short and extremely convenient for travel and cultural interchange. Specifically, when flying from Malta to Rome only takes 1 hour, equivalent Ho Chi Minh City to Phu Quoc, the flight time from Malta to Paris or Milan takes about 2.5 hours, equivalent to going from Hanoi to Can Tho.
As an EU member state as well as part of the Schengen area, Malta’s visa requirements are also in line with European Union (EU) policy. Transportation services include high-speed train services for passengers, cars and heavy vehicles connecting to Valletta and Sicily. Besides, there are other ferry services connecting Valletta with Italy and North Africa.
2. Interesting things in the Republic of Malta
Nature and climate
The Republic of Malta has many bays located along the undulating coast creating extremely beautiful seaports. The terrain consists of low hills and plains. Malta’s highest point is the 253m high Dingli cliff.
Malta belongs to the Mediterranean climate zone, cool and temperate all year round. It is famous for its crystal clear waters, charming cities and a laid-back atmosphere. Therefore, Malta is a country worth settling down and living in.
The Maltese education system is developed according to British standards. Therefore, the quality is very high, ensuring teaching in both English and Maltese. Maltese universities are large in size and equipped with many modern teaching facilities.
Students in Malta always exude confidence and energy. Moreover, instructors here are friendly with a high level of expertise. If you visit the schools here, investors will find students regardless of grades are participating in sports, arts and discussions.
Currently in Malta, the tuition fee for kindergarten is about 615 EUR/semester, 3 semesters per year. Tuition for the highest high school is about 5,000EUR/year.
The public hospital in Malta is large and clean, meeting international hospital standards. The atmosphere is comfortable, dedicated, not too crowded and noisy like other public hospitals in the world.
The system of facilities, medical services, health care… are all very modern. The criteria of the public hospitals here is to bring the most comfort to the patients while being treated. Malta deserves the 5th ranked medical position in the world.
In addition, in Malta, there are also many traditional medical examination and treatment facilities, which are very quiet and clean.
Cost of living
The cost of daily living is relatively affordable, compared to most European countries. Food and public transport are relatively cheap per journey – around 26 EUR per month.
Besides, Malta has a lot of food and utensils from Asia. There is an Asian King supermarket selling all Asian products. Fresh vegetables and fruits, high-quality fish and seafood. The supermarket also sells a lot of typical Vietnamese spices such as soy sauce, fish sauce, etc., many dishes are familiar to Vietnamese people. Food prices here are also affordable and the quality is completely assured.
Best of all, there are many Asian restaurants and food stalls in this island nation. This can also be an opportunity for Vietnamese investors to come to Malta and open a restaurant.
4. Malta Immigration Program
The Malta Permanent Residence Program (MPRP) offers the opportunity for foreign nationals to obtain a permanent resident card and can visa-free entry into the Schengen Area, the European Union (EU).
The Malta Permanent Residence Program (MPRP) is the most feasible and effective way for four-generation families to gain permanent residency in Malta as well as freedom of movement and residency in Europe in just 6 – 8 months.
Benefits of Malta Investment Program
Benefits of the Malta Permanent Residence Program include:
- Get permanent residency for the whole family of 4 generations;
- Be entitled to participate in real estate investment in Malta;
- Freedom to travel to 26 countries in the Schengen Area;
- Freedom to live, study and work in Malta;
- Only invest after receiving the Letter of Approval from Residency Malta Authority;
- Free education in all public schools up to grade 12;
(*) Official information of the Residency Malta Authority (RMA) about the Malta Permanent Residence Program (MPRP), please see HERE
(*) Information about Malta Permanent Residence Program (MPRP) from Portico & Bridge, Investors can see HERE.
The Republic of Malta is a universal key to development in Europe. Therefore, settling in the Republic of Malta is a golden opportunity that investors are interested in, especially the Malta Permanent Residence Program (MPRP).
Portico & Bridge is a leading European immigration consulting group, with more than 35 years of experience and a team of more than 50 professionals worldwide. We have support from Dr. Michaela Millo, who has been granted AKM by the Residency Malta Authority (RMA). The license number is AKM-MILLO-21.
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”.