New Qualifying Investment Financing Option
The Malta Residency and Visa Programme (MRVP) requires the purchase of a Qualifying investment of €250 000, a non refundable contribution to the government of € 30 000 and the rental or purchase of a property.
A Maltese registered financial institution is offering the financing of the qualifying investment for a once-off €70,000 fee. This significantly reduces the investment cost needed to obtain permanent residency in Malta, making it the most attractive EU residency program available in 2020.
Rental of property
| FEES | |
| Government contribution | € 30 000.00 |
| Qualifying investment financing option | € 70 000.00 |
| Property rental per annum | € 10 000.00 |
| Total | € 110 000.00 |
Purchase of property
| Government contribution | € 30 000.00 |
| Qualifying investment financing option | € 70 000.00 |
| Property purchase minimum | € 270 000.00 |
| Total | € 370 000.00
|
Without the Qualifying Investment financing option, when applying for the MRVP, you would pay the non refundable contribution to the government of € 30 000, rent or buy a property and put € 250 000 qualifying investment into government bonds for a fixed period of 5 years. After 5 years the money is available to you to do what you like with it.
Rental of property.
| FEES | |
| Government contribution | € 30 000.00 |
| Property rental per annum | € 10 000.00 |
| Total | € 40 000.00 |
| Qualifying investment ( to be held for 5 years) | € 250 000.00 |
| Upfront payment total | € 290 000.00 |
Purchase of property
| FEES | |
| Government contribution | € 30 000.00 |
| Property purchase minimum | € 270 000.00 |
| Total | € 300 000.00 |
| Qualifying investment ( to be held for 5 years) | € 250 000.00 |
| Upfront payment total | € 550 000.00 |
Additional fees:
- Health insurance is required cover the whole family
- Medical fees for when biometrics are done
- Professional and legal fees
What does being a Permanent Resident of Malta offer
- Great all year round weather.
- Very friendly and hospitable people.
- Very easy integration within local communities.
- Relatively crime free and very safe to live in.
- EU member country offering political stability.
- Malta is part of the Schengen zone.
- Excellent national and private hospital and medical services.
- Abounding with history and cultural life
- Excellent schooling at above UK standards in English speaking schools and University.
- Low cost of living and a wide variety of properties available in all price ranges.
- Very stable property market offering steady growth.
- No rates or council taxes
- Daily flights to all major European and North Africa destinations with low-cost airlines also offering a regular service.
- Excellent social life for all age groups. A large selection of of top-quality restaurants and cafes.
- Very good sporting facilities. World-class diving, sailing and other water sports.
- Excellent residency conditions with low taxation rates.
