Malta offers several benefits for citizens who invest in a Residency By Investment In Malta. These include: freedom of movement within the EU and access to the single market, which provides opportunities for business and investment; no residency or visa requirements for American, Australian, Canadian, New Zealand or British citizens; and a low tax rate of 15%.
In addition, Malta offers a range of social benefits including healthcare, education and retirement pensions.
The Maltese Permanent Residence permit can be renewed after the initial five years. The process is done through the Immigration Department and requires an application form and supporting documents. The applicant must also undergo a medical checkup and provide evidence that they have been living in Malta for the past five years.
The Malta Permanent Residence Programme (MPRP) offers a number of benefits to non-EU/EEA nationals, including the right to live and work in Malta without the need for a visa. MPRP holders are also eligible for certain social welfare benefits, health insurance, and a bespoke education programme. In addition, MPRP holders are able to apply for Maltese citizenship after five years of residency.
Malta is a small island country in the Mediterranean Sea just south of Sicily. The government is a republic with a strong democratic tradition. The economy is dominated by services, with a significant financial sector and a growing tourism industry. The people are friendly and welcoming, and enjoy a relaxed lifestyle with plenty of opportunity for outdoor activities. The scenery is beautiful, with green fields, rugged mountains, and crystal-clear waters.