Malta’s Citizenship by Investment Program is a scheme aimed mainly at high net worth individuals. Also known as Malta Individual Investor Programme (MIIP), the program requires a minimum contribution of €750,000 to the national development fund set up by the government. In addition, you’ll be required to invest €150,000 in government-approved financial instruments and commit to a purchase or rent of a property in Malta for five years. The property value for purchased real estate needs to be a minimum of €350,000. After one year of residency, you can apply for Maltese citizenship and obtain a European passport. A Maltese citizen can live, study, and work anywhere in the EU.
Malta also has a separate residency program. The investment amount is much more affordable; however, note that it doesn’t lead to Maltese citizenship.
The MIIP went through some changes at the end of 2020. You can find the updated requirements on our Malta Citizenship by Investment page.
Malta Work Visa
The island state of Malta is a famous vacation spot for expatriates in addition to global businesses. If your employer is making plans to extend operations to Malta, you’ll possibly need to relocate a skilled organization of current personnel and lease a few new group individuals abroad. While running in Malta simply comes with its advantages, you’ll want to make sure that any overseas personnel you lease have the ideal visas and allows to achieve this legally.
If you’re now no longer positive a way to get a piece visa in Malta, you run the hazard of operational delays or even costs in case your employer is noncompliant with the neighborhood legal guidelines and regulations. When you select to work with a good international PEO like Tristar Immigration, we’ll assist you to put your commercial enterprise up for fulfillment from day certainly considered one among your expansion.