The applicant must obtain adequate health insurance for self and dependents in Malta.<\/li>\n<\/ol>\nBenefits Offered by the New Malta Residence Visa Program<\/h3>\n
If approved, the program entitles the applicant and his\/her dependents to reside, settle, and live in Malta for an indefinite period of time. This permit does not provide the right to work in Malta.<\/p>\n
The Residence Certificate will be monitored annually for a period of five years. After five years, the Certificate will be monitored once in every five years. The Certificate will be withdrawn if the applicant ceases to comply with applicable eligibility requirements.<\/p>\n
The application process involves submission of the application to Identity Malta through a registered approved agent or an accredited person. The application should be accompanied by the non-refundable administrative fee of EUR 5,500. If rejected, the fee will not be repaid. If the application is approved, the applicant must deposit the contribution of EUR 30,000 less the administrative fee paid along with proof of minimum investment and the purchase or leasing of the property.<\/p>\n
Dependents<\/h3>\n
The New Malta Residence Visa Program offers residence to the following dependents of the applicant:
\n\u2022 Spouse of a monogamous marriage or a relationship with status similar to marriage.
\n\u2022 Minor children including adopted children.
\n\u2022 Children aged between 18 and 26 years provided they are unmarried and economically dependent.
\n\u2022 Child aged 18 years or above provided they are suffering a disability and are dependent on the applicant.
\n\u2022 Dependent parents and grandparents.<\/p>\n
Dependents ceasing to fulfill the definition as stated above will be required to apply separately for the right to reside in Malta. The applicant\u2019s permit cannot be inherited by heirs upon his or her death. The definition of dependants does not include drivers, maids, butlers and other personal assistants.<\/p>\n
Source: Malta Today<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"Malta has launched a revamped residency program designed to boost job creation and enhance the overall standard of living in the country by attracting foreign investment from non EU-nationals seeking fast-track long-term residence in Malta. Beneficiaries who comply with the investment requirements and other eligibility conditions will be granted the right to reside and settle…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"footnotes":"","_jetpack_memberships_contains_paid_content":false,"jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[454],"tags":[],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p8hnWW-1jw","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/posts\/5054"}],"collection":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/comments?post=5054"}],"version-history":[{"count":0,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/posts\/5054\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/media?parent=5054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/categories?post=5054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/tags?post=5054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}