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Malta’s Permanent Residence Scheme

Malta Permanent Residence

Malta has a straightforward if sophisticated process when applying for residence permits that you will need when staying for more than three months.

If you decide that you love Malta as much as I do and want to stay permanently, it is usually just as easy to obtain permanent residence status after living here for five years.

Effective permanent residence in Malta is also one of the necessary steps before you apply for Maltese citizenship.

From costs to requirements to benefits of permanent residence in Malta, you’ll find everything you need to know about this important legal step in this guide.

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How to Get Maltese Citizenship in 2019

How To Get Maltese Citizenship

There is a long list of reasons for why you might want to live in Malta. We have some of the best weather in Europe — partly because we’re on the geographic edge of the continent. Our country is packed with culture, surrounded by beaches and full of people enjoying a laidback way of life.

Malta also has a stable government, which respects the rule of law and delivers a relatively crime-free environment to the Maltese people. Our economy is forward-looking and set up to focus on growth for the foreseeable future.

Maybe most importantly, we took the decision over fifteen years ago to join the EU and participate in the European community. Malta approaches the rest of the world with open arms.

That, in part, means that Malta has one of the world’s strongest passports. Being able to carry the passport ranked 9th by Henley Partners is one of the great advantages of Maltese citizenship.

So, how easy is it to get Maltese citizenship? The answer depends on your family, how much time you have and your willingness to spend money on the process.

This comprehensive guide will take you through the process of setting yourself up to become a citizen of Malta. We’ll cover the time it takes, requirements for each of the routes to citizenship and the fees involved.

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Malta’s Residence Permits: Everything You Need to Know

Malta Residence Permit

The most famous historical trivia about Malta is that it spent several centuries as the home base for an itinerant order of crusader knights. The island country’s connection to the Order Saint John carries on today, at least in spirit and symbols.

Malta’s willingness to grant a home to those coming from abroad also endures into the 21st century.

These days there is a comprehensive system of residence permits. The golden visa for the very wealthy gets the headlines but there are similar programs for a broad spectrum of participants.

Below you’ll find a complete guide on to how to qualify for each of Malta’s residence permits and the benefits you’ll enjoy if you’re granted one.

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Guide to Malta’s Tax Rates

Malta Tax Rates

At first glance, Malta appears to have a tax system that is very similar to what you’d find in Western Europe, North America or other developed countries.

There are tax brackets in Malta and the top bracket pays 35% of their above-threshold income.

For our purposes, the most interesting aspect of the tax system are Malta’s tax rates on foreign residents of Malta.

In a nutshell, if you qualify for this status, you will only pay Maltese tax on the income you generate in Malta or on money you remit to Malta. That probably means you pay a lot less than 35%.

There are exceptions and other points to keep in mind. And there are situations where you might want to become a Maltese citizen and therefore become subject to Malta’s entire tax system.

This guide will lead you through the finer points of all those eventualities. We’ll cover everything Malta’s capital gains taxes to the tax rates in Malta for corporations

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Malta’s Real Estate Market Report: Prices & Trends in 2019

Over the past two to three years, Malta has made headlines around the world for its robust real estate growth. But headlines being what they are, often raise more questions than they answer…

  • Does the sunny outlook apply across the islands?
  • Are some types of property more popular than others?
  • Are renters feeling the squeeze as much as buyers?

And then all of the questions that inform how you’ll behave if you’re entering Malta’s real estate market as an expat:

All of these questions and more will be answered as we dig into Malta’s real estate market. Find out where trends are going and what they mean for the financial future of buyers and sellers alike.

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Where to Find Property for Sale in Malta

Property For Sale In Malta

Malta has a thriving and diverse real estate market. There’s a property for sale in Malta to fit every lifestyle and budget.

There are several tools, detailed below, that you can put to work to find your perfect property that’s for sale in Malta.

Note that these vary slightly if the owners put their property up for sale without an agent. If your Maltese dream property is for sale by the owner there may be special considerations to take into account and you’ll get a thorough outline of those below.

You’ll also find a handy guide to the lingo and jargon used to advertise real estate for sale in Malta.

Buying a home is a huge life step and the research can get intense – especially when you are buying outside of your home country.

Preparation is critical and professional assistance can make the process go smoothly. This guide has everything you need for hiccup-free house hunt in Malta. Continue reading “Where to Find Property for Sale in Malta”

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Malta’s Investment Visa: Your Complete Guide

Malta Investment Visa

There are a few obvious reasons why Malta’s investment visa program is so popular. Malta is a safe place to live with a stable economy and a solid banking system.

As well, Malta’s investment visa offers visa-free travel within the Schengen zone to its holders.

Malta has a relatively fast course to citizenship, at least if you are a high net worth individual. There are some significant steps to that process and it can take up to two years to complete, so the investment visa may be a useful device in the interim.

Your eligibility for the investment visa program depends largely on your nationality and meeting the required criteria, mainly making the stipulated contribution.

Choosing to put up the sum of money is a daunting step for many, so careful planning is essential. This comprehensive guide will take you smoothly through the process without any hitches. Continue reading “Malta’s Investment Visa: Your Complete Guide”