Golden Visa: Big news for everyone. In a time when demand for global citizenship and residency is rapidly increasing, Malta ‘s Golden Visa Program has become a promising option for Indian investors. This program is particularly beneficial for those seeking permanent residence in the European Union (EU).
Malta ‘s visa program is a residency -by- investment scheme, officially called the Malta Permanent Residency Program (MPRP) . Its purpose is to provide eligible foreign nationals with permanent residence in exchange for investment. This visa allows investors and their families to reside permanently in Malta and travel freely throughout the region. This program is popular not only with investors from India, but also from countries such as China, Vietnam , South Africa , and Turkey .
Features of the Malta Visa Program
The MPRP program allows permanent residence in Malta and, after five years, offers the possibility of citizenship (naturalization). It is a structured investment program based on property investment and government contributions. Another special feature of this program is that along with the main applicant, spouse, children, parents and grandparents can also be included in it. Malta is part of the EU and the Schengen Area, giving residents visa-free travel to 27 European countries. Malta is a peaceful, safe , and politically stable country. Its high standard of living , natural beaches, and English-speaking population make it unique.
Why is this program great for Indians?
Malta offers several advantages for Indian citizens :
Path to permanent residence and citizenship .
Favorable tax structure.
Double Taxation Avoidance Treaty.
High quality education for children .
Healthcare and infrastructure facilities .
Additionally , Indian investors are also looking for a simple, fast and reliable process to settle abroad , which Malta ‘s MPRP programme provides .
Eligibility and conditions for visa
The following qualifications are mandatory to apply for this visa
The minimum age of the applicant should be 18 years .
Applicants must have assets worth at least €500,000 (approximately Rs 4.7 crore) at the time of application . Of this , at least €150,000 must be liquid assets .