The Malta Residency Visa Program (MRVP) is one of the most popular Residency by Investment in the World offering residency in Malta to foreign investors through investment in Government bonds. After five years the entire investment in Bonds are paid back to investors with no interest. It is also a cheapest investor visa scheme in schengen area compared to Portugal and Spain.
The MRVA Programme, provides international investors with permanent residency rights. These rights will apply only for non-EU / EEA / Swiss Nationals. The Programme provides an opportunity for potential beneficiaries and dependents to reside, settle or stay indefinitely in Malta according to Legal Notice 288 of 2015.
The new programme falls under the Immigration Act and is available to both the applicant and also their dependents (including parents-in-law and grandparents) The beneficiary must hold both the qualifying property and the qualifying investment for a minimum five (5) year period following the approval date.
- Pay an administration fee of €30,000;
- Pay €5,000 for parents-in-law and grandparents;
- Provide a Health Insurance to cover the entire family/dependents;
- Purchase Government Stock worth €250,000 that is to be retained for a period of five years;
- Rent a property for a minimum of €10,000 for a period of five years or purchase a property for a minimum of €270,000.
Each application has to be administered by a registered accredited person or registered approved agent with Identity Malta. Rigorous due diligence checks are performed on prospective applicants and dependents.
Mr. Roderick Cutajar, CEO of Malta Residency Visa Agency said .. Our focus is to attract quality investors to the islands and to Europe. This is done through effective and rigorous due diligence processes that leave no stones unturned. We do not cut corners to reduce quality checks. The Maltese RBI continues to position itself as a safe, secure and rewarding investment.
Accredited MRVP Agents only (http://iip.gov.mt/agents-list/) are allowed to submit applications on behalf of their clients.
Please visit official website https://www.maltaresidencevisaprogramme.com/
