• Capital: Valletta
• Population: 436,000
• Area: 316 sq km (122 sq miles)
• Major language: Maltese & English
• Major religion: Christianity
• Life expectancy: 80 (men) 84 (women)
• Currency: Euro
• Exchange Rate (as of May 2018): US$ 1.00 = 0.841852 EUR
The small historic island of Malta lies in the heart of the Mediterranean. The country has a very rich history with a great number of historic sites related to its succession of leaders including from the Phoenicians, Carthaginians, Romans, Byzantines, Moors, Normans, French and British. After 160 years of British rules, The Country obtained its independence in 1964.The island offers both Malta Citizenship & Residency options. Malta has 3 main immigration solutions on offer as follows:
1.MIIP – Malta Individual Investor Program of the Republic of Malta (IIP): Program started 2014. Passport by investment- based on one time contribution to Malta Government, some investment and ongoing satisfaction of requirements. No minimum stay required.
2.MRVP – Malta Residency Visa Program (MRVP) – Golden Visa: Program started in 2015. Permanent Residence based on ongoing satisfaction of requirements. No Minimum or Maximum stay requirements.
3.MGRP – Malta Global Residency Program (GRP) : Program started in 2013. Residence in Malta based on an annual tax contribution to Malta Government & less than 183 days physical residency in Malta.
|Type of Program||Residency|
|Type of Investments||Contribution to a National Development and Social Fund, Investment in Property and Investment in Government Stocks|
(I) MRVP – Golden Visa:
*Important Note: Financing Option Available
(II) GRP – Residency:
(1)Buy property worth minimum EUR 275,000 in Malta or EUR 220,000 in Gozo or South Region of Malta.
|Dual Nationality Permitted||Yes|
|Personal Visit Required||Yes|
|Capital Gains Taxes||Malta levies a capital gains tax on various assets mainly immovable property and shares|
|Personal Income Taxes||
None if Non -Resident
GRP – 15% flat foreign income earned in Malta & 0% if remitted from abroad
|Business & Corporate Taxes||35%|
|Property Taxes||Malta does not levy property taxes|
|Processing Time||PR/ Residency Card – 4 month|
|Restricted Countries||Nationals of The Islamic Republic of Afghan, The Islamic Republic of Iran and the Democratic People’s Republic of Korea (North Korea), or are non-nationals but reside, do business, have significant ties in, or connections to these countries.|
|Visa Free Travel||26 Schengen Countries|
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