Uploaded on Apr 10, 2024
Unlock Global Mobility with Malta Citizenship through RifTrust Are you seeking a second citizenship with visa-free travel to most of the world, including the EU and the US? Look no further than Malta Citizenship by Investment (MEIN), and consider RifTrust as your trusted advisor.
Malta Citizenship By Investment with RifTrust
Malta Permanent Residence Programme Summary Residency-by-Investment Programme Malta is a Mediterranean island off the coast of Italy with a signifi cant historical and cultural legacy spanning over 7,000 years. The country has been a member of the EU since 2004 and the Schengen Area since 2007. Malta enjoys both political and economic stability. An archipelago with many high-level educational institutions, and with 300 days of annual sunshine, Malta is an attractive country for residence. The Malta Permanent Residence Programme (MPRP) offers many advantages to individuals and families seeking to operate throughout the European Schengen Area. The Maltese Government has created a business-friendly environment that is thriving and contributing to making the economy one of Europe’s fastest growing. Maltese authorities have made it straightforward to establish a company in Malta with favourable legislation and competitive tax systems amongst the most benefi cial in Europe. Investment In addition to Maltese, English is a co-offi cial language in Malta and is commonly used. English translations are readily available for government documents, road signs, restaurant • Option 1: Contribute EUR 68,000 to the Government menus, and other essential materials. and purchase a property with a minimum value of EUR 300,000 in the South of Malta and Gozo or EUR 350,000 in any other area of the country • Option 2: Contribute EUR 98,000 to the Government and Requirements rent a residential property in Malta for a minimum annual lease of EUR 10,000 in the South of Malta and Gozo or You must be at least 18 years of age to qualify for the MPRP. EUR 12,000 elsewhere in the country Access to at least EUR 500,000 in capital assets is essential, of which, EUR 150,000 must be available as liquid assets. You can add parents or grandparents to both options for an additional contribution of EUR 7,500 each. Applications can include all minor children up to the age of 18. You may also include unmarried dependant adult Regardless of whether you choose to purchase or lease children, along with dependant parents or grandparents. a property, it must be held for a minimum of fi ve years. All dependants over the age of 18 require an affi davit of Additionally, a mandatory donation of EUR 2,000 to a charity support for inclusion within the application. of the applicant’s choice is also required. You and your dependants must have a clean personal background with no criminal record. All of you must be in good health and have a suitable health insurance covering your stay in Malta. Qualifying Dependants You can add your spouse or partner as a dependant. Like you, they must be over 18 years of age, not be an EU citizen, and not have a criminal record. You can also include dependant children of any age, dependant parents or grandparents. Process Overview We submit each application to Residency Malta Agency, the government agency responsible for overseeing the MPRP. Following due diligence checks, successful applicants fulfi ll the required investments and receive a Maltese Residence Certifi cate and residency card. This is valid for fi ve years and renewable every fi ve years thereafter. Application Process Month 1 Prepare application and supporting documents. Submit Residency Application and initial contribution deposit of EUR 10,000. Months 2 Government application processing and due diligence. Months 7 Application approved in principle. Second contribution payment due of EUR 30,000. Months 8 Lease / Purchase Property Health Insurance Charity Donation Submit proof requirements satisfi ed Third and fi nal contribution payment Residence cards issued Summary of Key Advantages Taxation • Enjoy visa-free travel in the 27 European Schengen Area If you are considered a resident in Malta but not domiciled, countries you only pay tax on income earned within or remitted to Malta. Make Malta your primary place of residence and you • Spend as little or as much time in Malta as you like will be taxed on your worldwide income with a personal tax rate up to 35%. The country does not levy estate or gift taxes. • Include dependants such as spouse, children under 18, It does collect a capital gains tax on a variety of assets and unmarried and non-economically active adult children the standard VAT in Malta is set at 18%. While the corporate over 18 years, as well as parents and grandparents who are tax rate is 35%, certain tax exemptions exist for non-resident fi nancially dependant on the main applicant companies. • Make a low capital outlay compared to other EU residency programmes OUR GLOBAL OFFICES AMERICAS CARIBBEAN BRAZIL CANADA USA (NY) CAYMAN ISLANDS M: +55 11 2776 7010 M: +1 604 340 6599 M: +1 (415) 619 1758 M: +1 345 325 3030 E: [email protected] E: [email protected] E: [email protected] E: [email protected] A: Rua Bento de Andrade, 127 - Jardim A: 1055 West Georgia, 24th Floor, Vancouver, A: 447 Madison Avenue, 6th Floor, A: 90 North Church Street, 2nd Floor, Paulistanto, São Paulo, Brazil BC, Canada, V6E 3P3 New York, NY, USA, 10022 Strathvale House, George Town, Grand Cayman, Cayman Islands, KY1-9012 USA (LA) EUROPE M: +1 (415) 619 1758 E: [email protected] MALTA PORTUGAL UNITED KINGDOM A: 9800 Wilshire Boulevard Beverly Hills, CA, USA, 90212 M: +356 2248 0000 M: + 351 91 991 3332 M: +44 208 849 5555 E: [email protected] E: [email protected] E: [email protected] A: Dragonara Business Centre, 5th A: Praceta das Tílias, 102, RCA, 2775-336 A: 566 Chiswick High Road, Building 3, Floor, St Julian’s, Malta, STJ 3141 Parede, Portugal London, UK, W4 5YA MIDDLE EAST AFRICA EGYPT LEBANON NIGERIA (LAGOS) M: +20 2379 66735 M: +96171921000 M: +234 912 351 5849 E: [email protected] E: [email protected] E: [email protected] A: Arkan Plaza - Offi ce 433, Building 4, A: Beirut Souks, Block M, 4th Floor, A: 1st Floor, West Wing, 17A, Wings 3rd Floor, Sheikh Zayed City, Egypt, 12588 Weygand Street, Beirut Central District, SAUDI ARABIA Complex Ozumba Mbadiwe Street, Down Town, PO BOX 2961-11, Beirut, Lebanon Victoria Island, Lagos, Nigeria M: +966 11 491 9919 E: [email protected] A: Almuttahed Building, King Fahd Road, TURKEY UAE (DUBAI) SOUTH AFRICA 4th Floor, Offi ce 1, Riyadh, KSA M: +90 212 890 5656 M: M: +27 83 306 6460 +971 4 520 6777 E: [email protected] E: E: [email protected] [email protected] A: T303-3, Zorlu Center, Levazim, Besiktas, A: A: Level 1 - Offi ce 131, Cape Quarter Lifestyle U-Bora Tower 2804, Business Bay, Istanbul, Turkey Village, 27 Somerset Road, Green Point, PO BOX 35195, Dubai, UAE Cape Town, 8005 ASIA HONG KONG (CHINA) INDIA KAZAKHSTAN M: +852 9293 2729 M: +91 22 6238 4500 / 4501 M: +7 8777 3332 733 E: [email protected] E: [email protected] E: [email protected] A: 4/F, 299QRC, 299-287 Queens Road Central, A: 505, Sai Samarth Business Park Deonar, A: Republic of Kazakhstan, City of Astana, VIETNAM Hong Kong, China Mumbai, India, 400 088 Korgalzhinskoye Highway 25, Offi ce 18 M: +84 904 273 903 MALAYSIA PAKISTAN SOUTH KOREA E: [email protected] A: Hanoi Tower, Regus 1332, No. 49 Hai Ba Trung Str., Hoan Kiem Dist., Hanoi, M: +60 16 277 6260 E: [email protected] M: +82 10 5525 6324 Vietnam T: +60 35 632 5101/5105 A: 2ndFloor Plaza, 113, E: [email protected] E: [email protected] Fairways Commercial Defence Raya A: 1209, Meewang Building 364, A: 24-2, Jalan PJS 11/28, Bandar Sunway, DHA Phase 6, Lahore, Pakistan Gangdamdae-ro, Gangnam-gu, 46150,Petaling Jaya, Selangor, Malaysia Seoul, Korea www.riftrust.com | www.latitudeworld.com
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