Following the issuance of the Malta Citizenship and Passport Investment Immigration Act in early 2014, the Malta Residence and Visa Program (L.N. 288, 2015) was announced on August 25, 2015, which is the Malta Government Bonds Immigration Program. Applicants only need to complete a government-designated investment of €250,000 in government bonds, while also purchasing or leasing a property that meets government requirements and holding it for more than 5 years, in order to obtain a renewable residence permit for themselves and their entire family across four generations in one step.
1. Application Requirements
(1) The main applicant must be at least 18 years old, with an annual income equivalent to €100,000 or total assets equivalent to €500,000.
(2) Invest in the purchase of €250,000 worth of Malta government bonds for a period of 5 years.
(3) Purchase or lease property for no less than 60 months.
(4) Dependent applicants: spouse, minor children, unmarried children aged 18-26 who are economically dependent.
(5) Provide a certificate of no criminal record.
(6) Purchase health insurance with global coverage of no less than €30,000.
(7) The applicant must be a non-EU citizen.
The Malta Investment Immigration policy clearly states that after a successful application, the main applicant can directly apply for status for newborn or newly adopted children. Spouses or children who did not submit applications during the initial application can add their applications after the main applicant's success, with each family member required to pay a government application fee of €5,000 and pass due diligence. Accompanying children who establish families after a successful application can apply for status for their spouses and children. Each family member needs to pay a government application fee of €5,000 and pass due diligence.
2. Malta Investment Immigration Application Process
1. Assessment/Contract Signing
2. Sign POA and submit the complete set of due diligence materials.
3. Obtain principle approval.
4. The whole family visits Malta to inspect, purchase government bonds, rent or buy property.
5. Fingerprinting, opening bank accounts, etc.
6. Submit the complete application materials back home.
7. Obtain a 5-year residence status.