Our Firm provides a wide range of services in the field of immigration law, including providing advice and representation before the competent authorities regarding all types of residence and citizenship permits in Malta.
We are accredited agents for the MIIP aimed at granting Maltese passport to successful applicants. Our legal team is able to advise and assist clients in the preparation and submission of the application and supporting documentation. We meet our clients personally and arrange meetings with the relative authorities.
At the client’s request, our services also include assisting in finding a suitable property, either for buying or leasing, the value of which will be in accordance with the MIIP regulations and any other matter (for example insurance coverage) necessary during any stage of the application process.
We thrive to provide the client with adequate connections to obtain any requirement that needs to be satisfied under the MIIP.
SUMMARY OF CRITERIA
There are certain criteria to qualify for Maltese Citizenship under the MIIP including the following. The main applicant:
- must be at least 18 years old;
- must invest a minimum of €650,000 to the National Development Social Fund (of which €10,000 shall be considered as a non-refundable deposit on submission of the application);
- must acquire and hold a residential immovable property in Malta having a minimum value of €350,000; or take on lease a residential immovable property in Malta for a minimum annual rent of €16.000;
- and his/her dependants (if any) have to provide to the authorities proof that they hold a global health insurance policy and must declare that such cover will be indefinite.
Our team is experienced in providing professional assistance to private clients and high net worth individuals seeking to obtain residence in Malta, be it temporary or permanent.
We provide adequate advice on tax optimisation opportunities for moving to Malta under the appropriate residence scheme.
We assist clients with applications for ordinary, long-term and temporary (short-term) residence.
The Malta Residence and Visa Programme Regulations have been introduced via Legal Notice 288 of 2015. The new programme is being managed by Identity Malta Agency and allows the authority to issue a certificate that shall entitle the beneficiary and his registered dependants to reside, settle, or stay indefinitely in Malta.
As we are registered as accredited agents with Identity Malta, we are able to offer adequate advise and oversee the preparation of all necessary forms and documents for submission of an application under this new Scheme. We can also be of assistance for any ancillary matter necessary under the application at the client’s request, such as finding adequate property, insurance and so on.
There are various requirements that need to be satisfied:
Due diligence will be carried out by certified professionals – accountants, lawyers or notaries, but will also be checked by the authorities.
The certificate issued under these regulations shall be monitored annually for the first five years and every five years thereafter. Any decision, determination or verification to be made by Identity Malta under the Regulations shall be made by the Agency at its absolute discretion and shall be final and not subject to appeal.
Ordinary residence in Malta may be obtained by both EU/EEA or non-EU/EEA nationals, there are different qualifying criteria in each case which can be easily complied with, thus making the attainment of Maltese ordinary residence even more attractive to foreigners.
This status is granted to individuals who have been legally resident in Malta for a continuous period of five years. A non-EU/EEA national who has been granted long-term residence status by another EU Member State may reside in Malta for a period exceeding three months for the exercise of an economic activity in an employed or self-employed capacity provided that such person also possesses an employment licence, is pursuing studies or vocational training or is engaged in a similar activity.
This is granted to foreign students for the entire duration of their stay while studying in any private school, college or University of Malta. Students who are still minors may be accompanied by their parents/ legal guardians, who may also apply for temporary residence by confirming receipt of a stable and regular income and possession of a suitable residence.
- Advantageous tax regime;
- Competitive cost of living;
- Safe environment;
- Access to EU;
- Strong financial market.