{"id":17604,"date":"2017-09-27T07:16:56","date_gmt":"2017-09-27T11:16:56","guid":{"rendered":"http:\/\/www.escapeartist.com\/?p=17604"},"modified":"2020-09-14T10:49:58","modified_gmt":"2020-09-14T15:49:58","slug":"living-overseas-malta","status":"publish","type":"post","link":"https:\/\/www.escapeartist.com\/blog\/living-overseas-malta\/","title":{"rendered":"Living Overseas In Malta"},"content":{"rendered":"
Malta offers some of the best opportunities for those <\/span>looking to live abroad. In order to enjoy Malta’s heavenly Mediterranean climate, you have the option of a Schengen Visa or a foreign residency. On the other hand, if you are interested in gaining citizenship, read our article on how to acquire a second passport from Malta<\/a>.<\/p>\n Before we begin, it’s important to note that under certain circumstances you are not <\/strong>required to apply for a Schengen Visa and\/or foreign residency.<\/p>\n <\/p>\n For short-term travel (up to 90 days), if your nationality is on Malta\u2019s visa-waiver program, you will not <\/strong>need to apply for this visa. These countries include the United States, Canada, Australia, New Zealand, Israel, Japan, Singapore, and South Korea.<\/p>\n <\/p>\n If you\u2019re a citizen of any state within the European Union or European Economic Area, you will not need a visa to visit in Malta, regardless of the length of stay.<\/p>\n <\/p>\n A Schengen visa<\/a> allows up to 90 days of travel to any member\/s of the Schengen Area, which includes Malta.<\/span><\/p>\n To apply, you will need to provide:<\/p>\n <\/p>\n If you do not hold a passport from an EU or EEA (EU plus Iceland, Liechtenstein, and Norway) member state, or Switzerland, and want to spend longer than three months in Malta, you will have to apply for one of two main forms of residency: Ordinary Residency or Permanent Residency. <\/span><\/p>\n <\/p>\n Those who wish to work while residing in the country should consider obtaining an ordinary residency. This will also allow you to register a tax residence to capitalize on the country\u2019s low tax jurisdiction. Once you have found a job and applied (and been approved) for a <\/span>Maltese work permit<\/span><\/a>, you are immediately given residency in the country. This is valid for you and your spouse to legally live abroad in Malta long-term, though your spouse will have to apply separately for a work permit to hold a job. <\/span><\/p>\n <\/p>\n Permanent residency is similar to ordinary residency in Malta in that it lets you live indefinitely in the country. It does not, however, allow you to work abroad in Malta. This option may be best for those looking to <\/span>retire abroad in Europe<\/span><\/a>. Requirements include: <\/span><\/p>\n This type of residency is great because you do not need to physically reside for any regulated period of time on the island, with the right to come and go freely. <\/span><\/p>\n However, once the permit is issued, expats living in Malta will need to purchase a property. This can be either an apartment (\u20ac70,000 minimum) or a house (\u20ac117,000 minimum). There is also the option of paying at least \u20ac4,150 in annual rent within one year of receiving the permit. You will also need to open a bank account in the country. <\/span><\/p>\n <\/p>\n This form of permanent residency is given to foreigners that have at least a 40% share of a company in the manufacturing or financial services sectors. In addition to the business requirements, you\u2019ll need to:<\/span><\/p>\n To maintain this type of residency, holders will need to prove that they have a minimum of \u20ac100,000 in annual income being generated outside of Malta or have a minimum capital of \u20ac500,000. This license will give the holder, his\/her spouse, and any legal dependents the right to <\/span>live abroad indefinitely in Malta<\/span><\/a>. Visit our page on investing abroad in Malta to learn more about the <\/span>Maltese \u201cGolden Visa.\u201d<\/span><\/a><\/p>\n <\/p>\n Author Bio:<\/i><\/b><\/p>\n1. Malta’s Visa-Waiver Program<\/strong><\/h3>\n
2. Nationals Of EU\/EEA Countries<\/strong><\/h3>\n
Schengen Visas<\/b><\/h2>\n
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Foreign Residency
\n<\/b><\/h2>\nOrdinary Residency in Malta<\/strong><\/h3>\n
Permanent Residency in Malta<\/strong><\/h3>\n
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Indefinite License<\/b><\/h3>\n
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