Duration
Duration
By making a sizeable investment in Malta, high-income persons can use the Malta Golden Visa (Malta Residence and Visa Program) method to obtain a Maltese passport within one to three years.
You must contribute at least 750,000 EUR to the national development fund in order to obtain a Maltese passport in one year. Similarly, a 600,000 EUR investment will earn you a Malta passport in three years. Moreover, there are two ways to invest in a Malta Golden Visa:
Citizenship through Investment in Malta.
The programme known as "Citizenship by Naturalization for Exceptional Services by Direct Investment" is the investment path that results in Maltese citizenship. Investors are eligible for a Maltese passport through this programme after three years of residence.
Program for Permanent Residence in Malta (MPRP).
The investment requirement is lower for this scheme, and participants are given Maltese permanent residency permits. Holders of an MPRP also qualify for Maltese citizenship after five years of residency.
You must meet the following criteria to be eligible for a Golden Visa for Malta:
Gather the following documents while applying for this visa;
The Residence Malta Agency is the Maltese government agency in charge of overseeing the MRPR. The firm upholds a high standard for luring exceptional people and their families. Also, in order to qualify, investors must meet certain programme conditions as mentioned above.
Visa Processing Time
The actual application process for a visa can take four months to a year. Additionally, before you can apply for Maltese citizenship, you must have lived in Malta for at least a year.
How to Apply
You must travel to Malta in order to apply for this visa. Gather your required documents and submit them along with the visa application form at Residency Malta Agency. If you are eligible, you will receive a letter of approval once processed. Moreover, you can hire a visa consultant to avoid any trouble.
Duration
By making a sizeable investment in Malta, high-income persons can use the Malta Golden Visa method to obtain Maltese citizenship within one to three years. Once you have citizenship, you may stay there indefinitely.
Fees
Apart from the investment, a Golden visa costs 10,000 EUR as application fee. The fee must be paid within a month after you have made the application.
Do we need to extend a golden visa to Malta?
A Golden Visa in Malta is valid for an indefinite amount of time. However, if you have got permanent residence, you may file for citizenship.
Does Malta allow dual citizenship?
You may have both your citizenship in Malta and your nationality of the nation where you were born. But, in order to retain both, your existing place of nationality must also permit dual citizenship.
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