Requirements and procedures for applying for MRVP are sensible and straightforward. The application is submitted with a non-refundable deposit of the contribution amount in the sum of EUR 5,500 to the IIP Agency, the government agency responsible for the applications. After rigorous due diligence tests, qualified candidates will be asked to complete the qualifying investments and are then asked to issued a residence permit. The IIP Agency will issue a Maltese residence certificate to successful applicants, which acts as a license. For the first five years of its issue the certificate will be monitored annually, and every five years thereafter.
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Investment Immigration Malta
Malta is a truly attractive private residence location. The island nation enjoys a stable political climate and a strategic location, with excellent air connections. The Malta Residence and Visa Program (MRVP) offers non-Maltese people the opportunity to purchase an EU residence card which offers visa-free travel within the Schengen area of Europe.
The Malta Citizenship Investment Plan, known as the Malta Individual Investor Program (MIIP), targets at individuals with ultra-high net worth. Individual investors must make a minimum contribution of €650,000 to the Government’s national development fund, invest €150,000 in government-approved financial instruments and commit to a Malta residence either for rent or purchase for a minimum of 5 years. The value of the property must be a minimum of €350,000 for purchased real estate. For renting this is a €16,000 pa commitment. Growing member of the family will also donate a total of €25,000 annually to the construction fund. The benefits after having resided for one year are citizenship and a second Maltese passport. In turn, this gives European citizenship and the ability to live, work and study anywhere in the European Union.
Malta offers two golden visa programmes, one for citizenship (MIIP) and one for permanent residency (MIRP), through investment. This program grants indefinite residency rights to international investors investing at least € 250,000 in Maltese government bonds or equities over a five-year period. Moreover the investor must make a contribution of €30,000 to the State Fund of Malta and buy or rent a residence on the island. Judicial and handling costs are 40,000 euros. The program provides a stable, low-risk investment route for an EU Schengen country residency visa.
UPDATE: As of January 2020, over 1500 Malta passport applications have been received by the Individual Investor Program on behalf of investors from more than 40 different countries. Currently the program is limited to 1800 applications, so if you are interested we encourage you to act quickly as the limit could be reached within a few months!
Minimum requirements:
- An investment in government bonds of EUR 250,000 to be retained for a minimum period of five years
- IA non-refundable government contribution of EUR 30,000 (EUR 5,500 of which is an advance government administrative fee)
- A property purchase of EUR 320,000 (EUR 270,000 in South Malta or Gozo), or a property lease of EUR 12,000 per annum (EUR 10,000 in South Malta or Gozo)
Benefits of the MRVP:
- EU residence card granting visa-free travel across Europe’s Schengen Area
- Right to reside indefinitely in Malta
- Five years’ permanent residence, renewable indefinitely
- Investment required only for first five years .
- Investment required only for first five years .
- Family members included .
Procedures and time frame:
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FAQS
âť“ What is the Canada Start-Up Visa Program?
The Canada Start-Up Visa (SUV) Program is an immigration pathway for entrepreneurs who want to start an innovative business in Canada. It allows eligible applicants to obtain permanent residency by securing support from a designated Canadian organization such as a venture capital fund, angel investor group, or business incubator.
âť“ Who is eligible for the Canada Start-Up Visa?
To be eligible, applicants must:
Have a qualifying business idea
Obtain a Letter of Support from a designated organization
Meet language requirements (CLB 5 in English or French)
Show sufficient settlement funds
Intend to actively manage the business in Canada
âť“ Do I need prior business experience to apply for the Start-Up Visa?
No. Prior business ownership or management experience is not mandatory. However, applicants must demonstrate the ability to actively participate in building and operating the proposed business in Canada.
âť“ How long does the Canada Start-Up Visa process take?
Processing times vary, but on average it can take 24 to 36 months to receive permanent residency. Timelines depend on application completeness, background checks, and IRCC processing workloads.
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