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In recent years, the global immigration market has been turbulent. Not only are the passport programs of Caribbean island countries tightened across the board, but Asian immigration programs (Singapore family offices, Thai elite visas) are also rising sharply.
Looking at Europe, immigration policies are also changing. According to the plan, the EU may completely ban golden visas in 2025, and the era of immigrants to Europe with money is coming to an end.
1. Cyprus: November 2020, termination of citizenship by investment program; In May 2023, the policy of permanent residence for the purchase of a house of 300,000 euros was tightened, and the application threshold was raised;
2. United Kingdom: The investment immigration program was closed in February 2022;
3. Latvia: In March 2022, Latvia's ruling coalition announced its decision to close the Golden Visa program;
4. Bulgaria: In April 2022, the passport project was cancelled;
5. Montenegro: The passport program was officially closed on December 31, 2022;
6. Ireland: The investment immigration program announced its closure on February 14, 2023, giving a 3-month buffer period; Official data shows that more than 90% of investors who obtain visas are wealthy Chinese;
7. Portugal: Portugal restricted the purchase of residential properties in core cities in 2022, and it was only a matter of time before the official proposal to close the Golden Visa program in 2023;
8. Spain: The government plans to tighten the application system for the Spanish Golden Residence Visa;
9. Greece: The threshold for buying a house in the core area of the home purchase immigration project increased from 250,000 euros to 500,000 euros in August;
Malta's permanent residency program is under unprecedented pressure under frequent changes in immigration policies in European countries and successive shutdowns. Fortunately, there has been no official news of a change in Malta, which has attracted the attention of many investors.
Take advantage of the best time to immigrate to Malta
After all, 2023 is already the seventh year of the implementation of the Malta permanent residence project, and with European countries raising the threshold or shutting down, no one knows whether Malta will be the next coup.
Any immigration program has a life cycle, and after a period of promotion and stability, it will face price increases or shutdowns. The Malta Permanent Residence Program has been promoted since 2015 to lower the investment threshold and attract a wide range of talents. But in 2020, there will be a small tightening, such as canceling the remote oath and clarifying the dual certification requirements.
Therefore, for those who want to immigrate to Malta, they should plan as early as possible, seize the policy easing period, choose the right immigration program and apply as soon as possible. Don't wait until policy changes or project prices increase to regret it.
Immigration programs chosen by high net worth individuals
For Chinese high-net-worth individuals, overseas investment mainly focuses on factors such as the quality of education, living environment, quality of life and medical standards. Malta excels in these areas, with conservative estimates that its immigration programme has attracted more than 3,500 applications from families since its global premiere on 19 March 2016 based in China.
Based on the nuclear family structure with an average group of three, it has attracted more than 10,000 foreign investors, accounting for more than 2% of Malta's total population (Malta's total population is about 500,000).
Applying for the Malta Permanent Residence Program can meet the needs of middle-class and young immigrants, whether it is a business person who wants to travel through Europe, or as an ideal destination for retirement, Malta is a good choice.
Immigrating to Malta offers a wealth of benefits
As a "four-in-one" country, holders of Maltese permanent residence status can freely travel to and from the 27 Schengen countries and to and from EU countries. Immigrants can travel, study, live and work in Europe with EU customs union subsidies.
Malta has very low income tax on foreigners, with a minimum corporate tax rate of 5%, and only income earned in Malta is subject to tax. In addition, Malta also has a series of preferential policies and tax exemptions, such as a 20% tax deduction when you retire, which is one of the reasons why many retirees choose to buy a house in Malta.
Malta follows the traditional British education system, and the curriculum is directly connected to British and American universities. Students have access to high-quality education from primary to higher education. The children of immigrants can easily integrate into the local education system, receive a good education, and improve their learning ability and competitiveness.
Malta also has a long history of medical services, high-level medical personnel, well-established medical hardware and equipment, and a high-quality rehabilitation environment. Therefore, immigrating to Malta can enjoy a full range of benefits of high-quality education, pension and medical care, and bring multiple conveniences to the lives of themselves and their families.
Malta Permanent Residence Program
Malta is one of the few four-generation immigrants who is very cost-effective. There are no age, language, or education requirements for permanent residence program applications, and the immigration model of "first approved and then invested" is adopted.
Application conditions
●The main applicant is at least 18 years old
● No criminal record
● Disposable assets of more than 500,000 euros, including 150,000 euros in liquid assets
Investment conditions
● 40,000 euros management fee
●Donation to the government: 28,000 euros (house purchase model) or 58,000 euros (rental model)
● Donate €2,000 to a Maltese non-profit organization
●Real estate investment (choose one of the two) :(1) Purchase: from 300,000 euros (2) Rent: 10,000 euros / year (5 years rent)
Accompanying family members
● Spouse
●At the time of filing, the financial dependents of the principal applicant and his spouse's unmarried children who are not financially independent
●Parents and grandparents of the principal applicant and his spouse who are financially dependent
Advantages of permanent residence project
●High safety: first approved and then invested;
●Flexible way: you can buy a house or rent a house;
●National security: good public security, low crime rate, suitable temperature and beautiful environment;
●Ultra-low threshold: no requirements for business, language, academic background, no immigration supervision;
●Identity attributes: Green card in one step, ultra-high gold content Commonwealth status.
In recent years, the European permanent residence and golden visa policy has changed frequently, or shut down, or increased prices, or raised the threshold, and the current political turmoil still continues to spread, which is undoubtedly sounding the alarm for immigration applicants around the world.
According to the current situation, the low-threshold, short-term Maltese immigration project is estimated to be difficult to escape the "common destiny" of many European countries, so everyone must plan their identity as soon as possible!