The Maltese government has adjusted the requirements for obtaining a permanent residence permit. Some criteria have been significantly tightened, while other options have been added.
1. Proof of capital:
New: a capital amount of €650,000 can now be proven, with at least €75,000 being liquid assets. This offers investors more flexibility in meeting the financial requirements.
2. Age limit for children:
New: Adult children can only be included if they are under 29 years old, unmarried and mainly dependent on the main applicant. This restriction particularly affects families with older children.
3. Property investments:
New: The minimum threshold increases to €375,000, both for properties in Malta and Gozo. In addition, the minimum annual rental costs increase from €10,000 to €14,000.
4. Fees:
New: The administration fee for the lead applicant increases to €50,000. In addition, there is a non-refundable fee of €5,000 for each dependent.
5. Government fees:
New: Introduction of a government fee of €5,000 for each dependent. The fees for purchasing real estate are also increasing.
Conclusion: The new conditions place higher demands on potential applicants. The tightening particularly affects the financial requirements and the inclusion of family members. Investors should therefore carefully inform themselves about the updated criteria before submitting an application.
We help you with the Application with our Team
+382 69 150 130 Montenegro
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TCME – Group worldwide is a leading professional international foreign trade relations investment and consulting firm, with 17 different departments spread in different countries around the world, with its head office in Malaysia.
We’ve helped thousands of people take their businesses abroad, legally reduce their taxes, and become dual citizens. We focus on high-net-worth individuals and their families as well as businesses, where we design and implement bespoke, holistic strategies for successful investors and entrepreneurs to legally reduce their tax burden, diversify and protect their wealth, invest abroad, a second citizenship and to live a freer life worldwide.
Another special area of our full-service consulting is the investment opportunity and solution in Europe, especially in the Balkans, Africa, Asia, the United Arab Emirates, the Caribbean and the Pacific.
If you are looking for it, please feel free to contact us. We create a holistic plan that serves your purpose.
The TCME Group Worldwide as well its partner in Vanuatu are accredited, licensed and authorized agents and facilitators of the Government of Vanuatu for the citizenship programs of the VDSP and the CIIP in Vanuatu.
GCI UNIT Worldwide by TCME Worldwide Group, designs and implements customized, holistic strategies for successful investors and entrepreneurs to legally reduce their tax bills, diversify and protect their wealth, invest abroad, gain a second citizenship and live a freer life worldwide to lead.
YOUR CHANCE FOR A BETTER LIVE
TCME Worldwide Group firm is a leading professional International Business Investment and Advisory Firm for Foreign Economic Relations. Our range of services includes:
Offshore and Onshore Company Formation,
international Business & Management
Citizenship & Residency (Advice on residency and citizenship by investment programs, VIP citizenship programs in cooperation with more than 70 countries)
Investments & Corporate Financing
Advisory for Foreign Economic Relationship
Diplomatic Consultancy & Public Affairs
If you would like to discuss your internationalization and diversification plans, book a consulting session* or email us under: [email protected]
*A counseling session is a conversation about your portfolio and goals. It does not constitute legal, financial, tax or investment advice.
TCME Worldwide Group – Global Investments –
Level 33, Ilham Tower, 8 Jalan Binjai,
Kuala Lumpur 50450, Malaysia
www.tcme.company
www.citizenship-news.com
International Phone: +66 99091 8357 (also for BOTIM, Signal, Viber, Telegram)
Malaysia Phone: +603 2169 7057
Montenegro Phone: +382 69 150 130 (WhatsApp)
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