In the recent years, Malta has become a popular destination for foreign investors and entrepreneurs looking for better avenues of growth. The country offers excellent incentives along with the state-of-the-art infrastructure, positive business climate, and impressive tax benefits. Despite being a small destination, it is preferred by many investors because of the entire package it offers in the form of a safe environment and distinctive coastal lifestyle. It has a strategic location and offers excellent connections with the mainland Europe.
The Reasons for Business Immigration to Malta:
In 2014, the Maltese government launched its own citizenship by investment program for foreign investors. Under this program, applicants can obtain Maltese citizenship and passports if they fulfill some required eligibilities. This program has lured many entrepreneurs from different countries because it offers excellent tax reliefs and rights that are enjoyed by the Maltese citizens. You can avail of free movement within the territory of this country and the right to travel without a visa to more than 160 nations.
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Requirements for Business Immigration to Malta:
There are many eligibility requirements to be met for being entitled to Malta Citizenship by Investment program. An applicant should be 18 years of age and pass the unique 4-tier due diligence process carried out by the government. Other important requirements are:
- • You shouldn’t have a contagious disease and must be covered by an international health insurance policy.
- • Contribute a non-refundable sum of money to the Social and National Development Fund established by the government of Malta.
- • Invest in an approved real estate project for holding up to a minimum period of 5 years.
- • Invest at least €150,000 in the approved financial instruments.
- • Obtaining a Maltese eResidence card.
Process of Business Immigration to Malta:
You should begin this process with submission of the right documents. An application should be formally submitted by an accredited person with supporting documents and proof of source of funds. Once the documents are approved by the concerned authorities, the candidate needs to undergo additional verification by a regulatory body.
If you want to obtain citizenship of Malta, you need to comply with all the requirements specified by Malta Individual Investor Program. A Naturalization certificate will be issued after completion of all formalities under this program. The entire process for obtaining Maltese citizenship can be completed within a period of six months.
How Can We Help?
When looking to apply for immigration to Malta for business purposes, you need expert help and professional assistance. At DM Consultants, we provide both using our comprehensive experience and knowledge of this industry. The process for application can be slightly time-consuming if you are unaware of eligibility requirements and procedures. Moreover, there may be some policy changes introduced by the government in their immigration program. You should be aware of these changes to make the right decisions.
This is where we bring forth our industry expertise to streamline the process by complying with the regulatory requirements. Our experts will stay by your side throughout this process until you obtain the permanent residency status in the country.
To get more information on this service, you can speak to us right away!