In this article, we explore a little-known golden visa program in Malta, which provides investors with the opportunity to get access to Europe and potentially obtain European citizenship. While the cost of popular golden visa programs like Portugal has increased significantly in recent years, Malta’s golden visa program is significantly cheaper and more streamlined. In this article, we discuss the key features of this program and why it might be worth considering for investors looking for tax-friendly access to Europe.
Option 1: Malta’s Exceptional Investor Program
Malta’s exceptional investor program is a streamlined citizenship-by-investment program that requires a donation of €750,000 plus some additional costs and fees. In return, investors can obtain citizenship in 15 to 18 months without the obligation to live in Malta full time. What’s more, Malta is known for its low-tax corporate structures, tax-friendliness for foreigners, and offshore options, making it an attractive option for investors looking for a tax-friendly country in Europe.
Option 2: Permanent Residence Program
Apart from the exceptional investor program, Malta also has a permanent residence program that is one of the cheapest costs of any passive golden visa in Europe. The program requires investors to make a government contribution of €98,000 and a donation of €2,000 to an NGO. The cheapest pathway is the property rental option, which requires a rental obligation of €1,000 per month. The program also allows investors to apply for a work permit and start a business.
Flexibility and Affordability
Malta’s golden visa program is more flexible and affordable than popular programs like Portugal, which requires a minimum investment of €280,000. While investors have to commit to spending some time in Malta to obtain permanent residence or citizenship, Malta’s low taxes and access to the European Union make it an attractive option for investors who want to live in Europe. The program also offers a pathway to citizenship without the need for family ties or a high capital outlay.
Pros and Cons of the Program
The Malta golden visa program is not without its limitations. Investors have to commit to spending some time in Malta to obtain permanent residence or citizenship. The tax planning requirements of the program can be complicated and expensive. However, for investors looking for a tax-friendly country in Europe and a pathway to citizenship, Malta’s golden visa program is a cost-effective and streamlined option. The program is also ideal for investors who do not want to spend a lot of money on passive investments like real estate.
