Synthesis of the hottest immigration investment programs 2021 – term 1: Malta
Once the world’s hottest Covid epidemic center, Europe is gradually reviving after more than a year of struggling with the pandemic. A series of European countries one by one announced the reopening of borders. Malta is one of the countries to ease the restrictions as early as April 2021.
The Malta Permanent Residence Programme is still ongoing and continues to be promoted by the Government of Malta. The government is ready to welcome citizens of all countries to settle here. When entering Malta, citizens need to perform a Covid-19 PCR test to be entered.
Benefits when settling in Malta
Currently, with the progress of the economy, Malta has been attracting the attention of many investors around the world. Besides, Malta is also famous for having excellent social security policies thus citizens residing here will enjoy special benefits exclusive to EU citizens. One of the most popular benefits is visa-free access for Maltese citizens to more than 180 countries around the world, freedom of movement to the United Kingdom, the EU and the United States.
British standard education
Malta has a British-standard education system. All children in Malta are exempt from tuition fees until the age of 16. Children receive free textbooks, school supplies, as well as a shuttle bus to their homes. Maltese universities are large in size and equipped with many modern teaching facilities.
Advanced medical system
In Malta, healthcare is highly valued. The health system ranks 5th on the World Health System rankings published by WHO. Both public and private hospitals are equipped with the latest and most modern machinery. In particular, all Maltese citizens with a European health insurance card will receive free medical treatment at Government-funded hospitals and clinics during their stay.
Investors are also allowed to invest in the real estate market in Malta. The low tax system in addition to the preferential tax policies supports Malta’s permanent residents.
Best of all, the Government of Malta always creates many conditions for its citizens to ensure a full, safe and comfortable life.
Conditions for participating in Malta immigration investment
The Malta Permanent Residence Programme is one of the European citizenship programs with the simplest conditions of participation.
Some of the key conditions of the Malta Permanent Residence Programme include:
- The applicant must be 18 years old and above having a clean judicial record;
- Proof of a stable and regular source of income;
- Have total assets of not less than 500,000 euros, of which a minimum of 150,000 euros must be financial assets;
- Not currently benefiting from other Maltese schemes;
- Does not pose a security threat;
In particular, the Government of Malta does not require applicants to reside in Malta while maintaining their permanent residence card. Investors can still continue to do business in Vietnam.
Malta Permanent Residence Programme (MPRP)
This is a settlement program in the form of investment, in line with the wishes of the majority of investors today. Application processing time is only 8 months. An outstanding advantage of the program is that investors only start making investments after the application has been approved, so it is absolutely safe for investors’ interests.
The budget to join 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. Specifically in one of two ways:
- Buy real estate from €300,000 and contribute €28,000 to the Government
- Lease real estate from €10,000/year and contribute €58,000 to the Government.
The official information of the Government of Malta about the Malta Permanent Residence Programme 2021, investors can see HERE.
In addition, at Portico & Bridge, we have direct support from Dr. Michaela Millo – AKM licensed attorney of Malta Immigration Department. Her AKM license number is AKM-MILLO-21. She is a Maltese Doctor of Law with many years of experience in the field of legal advice on Malta Investment Immigration programs. She has supported more than 200 Vietnamese and Chinese investors to successfully settle in Malta since 2015 until now.
Malta is considered as Europe’s trade gateway, so its economy is especially developed. Besides, the government also provides the best benefits exclusively for citizens residing in Malta. This is what appeals to large numbers of immigrants to Malta each year.
Besides Malta, current countries in Europe also create many immigration opportunities for citizens of countries around the world through the investment immigration program. Some other popular immigration programs in Europe include the Portuguese Immigration Program (Golden Visa), the Latvian Immigrant Investor Program and the Turkish Immigrant Investor Program
To learn more about other immigration programs in Europe, please contact us at Portico & Bridge. We are always happy to assist you. Call us now at 0909.898.758
At PORTICO & BRIDGE, “Your Children We Care”.