MALTA

A business-friendly environment that is ripe with opportunities, yet where one can safely invest and cater for asset protection and wealth planning, and perhaps take up a secondary residence or citizenship is an investor’s paradise. Malta, an island nation located at a crossroads between Europe and North Africa is increasingly being eyed by Asian investors as an ideal destination for investment.   The Republic of Malta is strategically located at the heart of the Mediterranean, just a 2-hour flight away from most European capitals. Maltese is the national language common to most natives; however, English is an official language as...

CORPORATE & FIDUCIARY JURISDICTION 2020

By Kenneth Camilleri The Malta Residency Visa Agency (MRVA) today announced changes to the Malta Residency and Visa  Programme (MRVP), paving the way for a new permanent residency programme to be introduced.   Subject to Parliamentary approval next week, the MRVP will be replaced with a new programme called Malta Permanent Residence Programme and it will be governed by a new agency - Residency Malta Agency.   The current MRVP will continue to run until the end of March, following which all new applications will fall under the new regulations.   The launch of the new programme will not affect existing applications submitted...

IMMIGRATION BY INVESTMENT EXPERT INSIGHTS 2021

By NIKOLAJ NIELSEN   Two dozen letters have been exchanged between the European Commission and Bulgaria, Cyprus, and Malta over their controversial 'Golden Passport' schemes, by which rich foreigners can gain EU citizenship for large sums of money.   The letters - sent over the past 12 months - offer fresh insight into how the European Commission is trying to clamp down on a scheme it says violates EU rules.   It also shows how slow some of the states are to respond to the inquiries - with Malta taking 67 days to respond to the commission's first letter, followed by...

IMMIGRATION BY INVESTMENT NEWS 2020

By Julian Bartolo   With the possibility of obtaining a second residence or citizenship by investment, applicants and their families are choosing to migrate permanently to other countries. Business, education, better healthcare and political or social disturbances are only a few of the reasons these individuals opt to relocate to another country. Others need assurances and a default ”plan b” in the event of uncertain times.   Obtaining dual citizenship or a second residency is more than just a document in hand. Although the advantages vary from one programme and jurisdiction to another, the results of investing in citizenship &...

IMMIGRATION BY INVESTMENT EXPERT INSIGHTS 2020

Country: Malta Region: Europe Currency: Euro (EUR) (€) Languages: Maltese, English Time Zone: UTC +1 Phone Code: +356 Communications: Good Formation Cost:  $1,400 – $3,400 / €1,250 - €3,000 Formation Time: 2 - 8 days Maintenance cost:  $1,250 – $2,800 / €1,100 - €2,500 Despite being a small island in the middle of the Mediterranean, Malta has proven that it has much to offer within different sectors on a national and international level. Its thriving economy has allowed it to make a name for itself within its rapidly growing Freeport, where it has created a high-technology manufacturing sector for high...

2020

Country: Malta Region: Europe Currency: Euro (EUR) (€) Languages: Maltese, English Time Zone: UTC +1 Phone Code: +356 Communications: Good Formation Cost: 1600 - 4000 USD$ Formation Time: 2 - 8 days Maintenance cost: 1300 - 2900 USD$ The government has attempted to create a high-technology manufacturing sector and to establish processing and distribution facilities around its rapidly growing Freeport. There are extensive investment incentives. Almost without wanting to, Malta has become the leading EU provider of gaming services, to its immense profit. Manufacturing, tourism and shipping are also rewarding. Its banking, mutual funds, insurance and trust service sectors are...

2020

Malta has long been a destination for those looking for a strategic base within Europe. For 3000 years the Greeks, Romans, Arabs and British coveted this 300 sq. km island off the Southern coast of Italy. Independent since 1964, the country now looks to extend its traditional strategic value to financial services. Offering its friendly shores to those looking for a strategic base to enter European and North African market, or those who need a citadel to protect the long term value of their capital. This island of 400,000 people is attractive as a base particularly because of their memberships...

2020

By Dr. Clint Bennetti – Director of Trusts and Corporate Services at Kylin Prime Group The Malta Residency and Visa Regulations have been amended to extend the list of Qualifying Investments. The revised regulations now state that that the investments referred to in regulation 6(1) (d) of the said regulations, can be made in debt or equity securities listed on the Official List of the Malta Stock Exchange. Investment in these securities may also be achieved through an investment in collective investment schemes that are licensed and are on the Official List of the Malta Stock Exchange. These changes are...

IMMIGRATION BY INVESTMENT REPORTS 2019

Speaking to Malta Today, Jonathan Cardona, head of Malta’s Individual Investor Programme (the MIIP), said that, since the beginning in 2014 and until the present, the CIP he heads has rejected some 24% of all applicants. A quick look at the data as reported in the annual reports of the Office of the Regulator of the Individual Inveseestor Programme (ORiip) – which cover the periods between the end of June and the beginning of July each year and are published every November – reveals that rejection rates have risen sharply each year since the program opened four years ago. Rates of rejection...

IMMIGRATION BY INVESTMENT REPORTS 2019