The nation state of Malta, sought after for its geographical, business and lifestyle opportunities is one of the fastest growing economies in Europe. The economy is broadly diversified to include financial services, digital gaming, microchip production and tourism. Impressively, Malta has been the first country in the world to regulate in the block chain sector. Unemployment levels are below 4%, the country has cut taxes for citizens five years in a row and offers free education and healthcare to its citizens.
Malta offers a choice between residency and citizenship investment called Malta Residency and Visa Program (MVRP) and Malta Individual Investor Program (MIIP respectively). Malta conducts what has been termed as the 'gold-standard' of due diligence processes in the industry going to serious detail on each application, knowing that the success of these programs rests on their high regulatory standard. Applications are 'Approved in Principle' before any investment is made. Up to 3 generations can be included in one application which cover: investor, spouse, children under 18 years, dependent children between 18-26 years who are in full time education and financially dependent on the primary investor and dependent grandparents over 55 years.
The Malta Residency and Visa Program requires a real estate investment of EUR 320,000 (in Malta) / EUR 270,000 (in Gozo) or a rental contract for EUR 12,000 (in Malta/ EUR 10,000 (in Gozo) both for a period of 5 years. Additionally, an investment in government approved bonds of EUR 250,000 for 5 years and a contribution of EUR 30,000 to the Government of Malta. ActiveAvenues provides investors with attractive financing options for the investment amount. Malta Residency and Visa Program grants a permanent residency in 3 months with the right to live and work in Malta and travel visa- free within the Schengen zones. Malta also offers a favorable tax regime to new citizens/ residents who are tax resident but not domiciled in Malta.
The Malta Individual Investor Program requires a contribution of EUR 650,000 to the National Development and Social Fund, an investment of EUR 150,000 in government approved bonds or shares for 5 years and a real estate investment of EUR 350,000 /rental contract of EUR 16,000 per annum to be held for 5 years. The Malta Individual Investor Program grants a Maltese citizenship and passport within 12 months. The Maltese passport is an EU passport with freedom of movement, employment and settlement anywhere in the European Union, Switzerland, Norway and Iceland and visa free travel to 173 countries including the US, UK, Canada. An EU passport also provides reciprocal healthcare and education benefits among European Union member states The MIIP has been repeatedly rated the world’s top ranking citizenship via investment program.
ActiveAvenues works with pioneering service providers in Malta to provide legal, tax, corporate and fiduciary guidance to investors to ensure the success of their application.