The Mediterranean Republic of Malta is located just 50 miles south of Italy and actually consists of three islands - Malta, Gozo, and Comino, of which Malta is the largest. According to a long-running survey, Malta is said to be one of the world's richest, healthiest, happiest, and most prosperous nations. Due to its strategic location it is rich in cultural history, as well as being famous for diving, hiking, festivals and TV and film production. Its capital, Valetta, is a World Heritage site for the large number of historical buildings found in such a small area.
Whilst tourism is a major income source for the country, it also benefits from a variety of other business opportunities and investments. The region invites foreign direct investment in part to its levy of the lowest tax on profits of any country of the EU. Malta has always been a popular island for shipbuilding and repair, and more recently for the manufacture of computer parts, instruments, and electronics. Pharmaceutical production in particular has grown rapidly as a result of the patent law advantages that Malta gained upon EU membership.
A purchase of real estate with a purchase price of at least 320,000 EUR (270,000 EUR if situated in Gozo or South Malta).
Commitment to a lease with a rental charge of 12,000 EUR per annum (10,000 EUR if situated in Gozo or South Malta).
An investment of at least 250,000 EUR in government bonds must be held for a minimum of five years.
The Applicant must prove that they have annual income of not less than 100,000 EUR, or hold capital of at least 500,000 EUR.
A non-refundable government fee of 30,000 EUR must be paid in instalments by the Applicant over the course of the application.
Additional non-refundable government fees of 5,000 EUR per person must also be made for any spouse, parent or grandparent of the Applicant.
Ownership of the real estate or commitment to the lease must be retained for five years.