The Republic of Malta is a small country located in the center of Mediterranean sea and has a very attractive location for private residence.
Malta has perfect combination of political and economic stability puts Malta on a par with major European countries. Economic growth was 5.1% in 2015; the country’s credit rating is A with a positive outlook. The base currency is the Euro. A warm Mediterranean climate, clean environment, a high level of safety and excellent infrastructure make Malta a great place to relax and live. And tax relief for residents give a significant advantage to business operations and capital allocation.
since 2004, Malta is a member of the European Union and since 2007 is part of the Schengen area, in addition to this it is a part of the British Commonwealth.
Malta Residence and Visa Program
Malta Residence and Visa Program The Malta Residence and Visa Program (MRVP) offer non-Maltese persons the possibility of acquiring an EU residence card which offers visa-free travel within the Schengen area.
- An investment in government bonds of EUR 250,000 to be retained for a minimum period of five years
- A non-refundable government contribution of EUR 30,000 (EUR 5,500 of which is an advance government administrative fee)
- A property purchase of EUR 320,000 (EUR 270,000 in South Malta or Gozo); or a property lease of EUR 12,000 per annum (EUR 10,000 in South Malta or Gozo)