Wednesday 31 January 2024

MALTA RESIDENCY PROGRAM (MPRP)

 


Background and Guide - Malta Permanent Residence

The Republic of Malta, a full EU member since 2004, is strategically located to provide services to the international community. Malta an English-speaking country, has built upon the commercial laws of England and now the EU, to position itself as a premier family wealth, corporate and financial services jurisdiction.

With robust, competitive taxation rules, Malta has achieved sustained economic growth. Such growth is not solely the result of Malta's tax and fiscal policies, but there are other important factors such as a multilingual workforce, lower labour costs, a strategic location and a sound telecommunications infrastructure. As a result, there has been an influx of interest from investors, high net worth individuals and corporations, who desire a stable, reputable environment in which to structure their personal and corporate affairs - as well as to reside.

Now in 2024, it is possible to apply for High Net Worth Immigration to Malta (Malta Residency by Investment) to acquire Malta Permanent Residency (Malta Golden Visa), which allows the applicant and his family to live, work, and study on the incredible island of Malta through Purchase or Rental of Property (Real Estate in Malta) and a financial contribution! Contact our Malta Immigration Consultants and Lawyers by telephone or visit us in our offices in Brisbane, Australia, Singapore, Hong Kong, London, UK and Lisbon, Portugal.

To be eligible for the Malta Permanent Residency Programme (MPRP), the Applicant must meet the following criteria:

1. Licensed Agent - Submit an MPRP application via a Licensed Agent, who is listed on Residency Malta Agency's website 'List of Agents'. Note that VisaConnect co-operates with Malta Lawyers, who are Licensed Agents.

2. Administrative Fee - Main Applicant must pay a non-refundable administrative fee of €40,000.

3. Government Contribution - Main applicants must pay a Government Contribution of €28,000 if purchasing a property or €58,000 if leasing a property. In addition, there will be a contribution payable by each additional adult dependent of €7,500 and €5,000 Euros for each child, over 18 years of age.

4. Philanthropic Donation - Make a donation to a local Malta philanthropic, cultural, scientific, artistic, sport or animal welfare NGO registered with the Commissioner of Voluntary Organisations for €2,000 Euros (main applicant only).

5. Property Investment - The rates under the MPRP program have increased to €350,000 Euros for a purchase in the northern and central parts of Malta, and €300,000 in the South of Malta or Gozo. Alternatively, rent a property for a minimum of €10,000 in the South of Malta/Gozo or €12,000 in the rest of Malta, as previously.  

See our web page:

Malta Permanent Residency Program (MPRP) - VisaConnect

GREECE GOLDEN VISA

Background and Guide - Greece Permanent Residence Permit Programme

Greece is a country full of culture, myth and legend and a nation who is proud of its rich heritage and traditions. Famed for the beauty of its landscape, Greece is unique, for it seems the Greek gods themselves have scattered little pieces of paradise into the sea which we so lovingly know as the Greek Islands.

Whatever your interests or the lifestyle you choose to adopt, you can be sure of a warm welcome from the people of Greece. A healthy climate, good food and wine, a new Greek home, a new and exciting lifestyle, a dream finally realized.

Acquire your holiday home in peaceful Paros, cosmopolitan Santorini or glorious Crete and combine holidays with tailor-made Investment.

Now in 2024, it is possible to apply for High Net Worth Immigration to Greece, and obtain a Greece Permanent Residence Permit (Greece Golden Visa), which allows the applicant and his family to live, work, and study anywhere in the beautiful islands of Greece through a simple and fast property investment! Contact our Greece Immigration Consultants and Greek Lawyers by telephone or visit us in our offices in Brisbane, Australia, Singapore, Hong Kong, London, UK and Lisbon, Portugal.

Real Estate Investment Eligibility - Greece Residence Permit

To be eligible for the Greece Permanent Residence Permit (Greece Golden Visa Programme), the applicant must:

  • Purchase a Property in Greece valued at a minimum of €250,000 EUR or a minimum of €500,000 Euros, depending on the location.
  • Residence available to non-EU citizens and their family members (spouse, children up to the age of 21 years, and the ascendants of the spouse).
  • The purchase of the property must be by an individual or legal entity.
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PORTUGAL CITIZENSHIP FOR SEPHARDIC DESCENDANTS


Portugal Sephardic Jews Law - Ministry of Justice Decree-Law No 30-A / 2015, Feb. 27

Sephardic Jews refers to the descendants of the ancient Jews and traditional Jewish communities of the Iberian Peninsula (Sefarad or Hispania), in other words, Portugal and Spain. The presence of these communities in the Iberian Peninsula is very old, and even before the formation of the Iberian Christian kingdoms, as was the case with Portugal.Portugal Citizenship Law - Right of Return for Sephardic Jews Descendants

The Portuguese Citizenship Act (Lei da Nacionalidade) authorizes the exercise of the right of return for Sephardic Jews descendants of Portuguese origin that so wish, through the acquisition of the Portuguese Nationality Concession or Portuguese nationality by naturalization, with its rights and obligations.

Eligibility Criteria for Foreign Naturalization

The Sephardic Jews Law requires that the applicant meet the following conditions to obtain Portuguese Nationality under the law - Decreto Lei no. 30-A/2015 de 27 de Fevereiro:

1. They are Adult or Emancipated under the law.

2. Not Committed Serious Crime - Not been convicted, with final judgment of sentence for committing a crime punishable with a maximum prison sentence equal to or exceeding three years, under Portuguese law.

3. Evidence of belonging to a Sephardic Community of Portuguese Origin - Evidence includes family surnames, familiar language, direct descendants or family relationship in the collateral line of common parent from the Sephardic community of Portuguese origin.

See our web page:

Portuguese Citizenship for Sephardic Jews - VisaConnect


 



PORTUGAL GOLDEN VISA


 In 2024, contact VisaConnect's specialist Consultants, together with our partner Portugal Fund Manager's and Portugal Lawyers, by telephone or complete the online Form or visit us in our offices in Brisbane, Australia, Singapore, Hong Kong, London, UK and Lisbon, Portugal for advice and assistance with your Portugal Golden Visa through a Fund Investment to obtain a Portugal Residency Permit!

Benefits of the Portugal Golden Visa

Outlined below are the benefits of obtaining the Portugal Residence Permit (Portugal Golden Visa):

  • Permanent Free Entry to Portugal and the Schengen Area - Residence visa waiver for entering Portugal. Free Movement in the 26 Schengen Area European countries
  • Freedom to Live, Work and Study in Portugal
  • Flexible Residence Requirements - The minimum stay requirements are 7 days in the first year and 14 days during each of the two subsequent 2-year periods, whether or not consecutive, which is 35 days in 5 years.
  • Become a "Non-Habitual Resident" of Portugal for Tax Purposes - Anyone residing in Portugal for 183 days or more during a single calendar year must pay taxes in Portugal on worldwide and local income. Non-residents - those who reside in Portugal fewer than 183 days per year are not required to pay tax on worldwide income.
  • Eligible for Permanent Residence - After 5 years of having made the initial investment, the applicant can apply for Portugal Permanent Residence
  • Acquire Portuguese Citizenship - Option to acquire Portuguese Citizenship and Portugal Passport, by naturalization, as per the Nationality Act, and obtain all rights of an EU National, after 5 years of having made the initial investment.
  • Dual Citizenship - You do not need to renounce your previous nationality to become a Portuguese citizen.
  • Portugal Passport is Ranked 6th in the World - The 2023 Q1 Henley Passport Index ranks the Portugal Passport as 6th most powerful passport in the world, and it allows visa free access to 187 countries worldwide.
  • Family Residency - The Applicant's family members are eligible for Residence, including: the spouse or partner, under-aged or financially dependent children and Parents of Main Applicant or Parents in Law, who are financially dependent.
  • Fast Processing Time - 3 to 6 months until the Golden Visa application is approved, and the Residence Card is issued for an initial period of 1 year, and renewed for periods of 2 years
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SPAIN GOLDEN VISA

 

Why Invest in Spain Business or Property?

  • Spanish Passport - 3rd Ranked Passport in 2023 - The Henley Global Passport Ranking Index in 2023 Q1 ranked Spain as the 3rd highest ranked passport in the world, with access to 190 Visa-free countries.
  • 2nd Largest Country in Western Europe - Spain's unique geographical location, on the Iberian Peninsula, with the Mediterranean Sea to the east and Atlantic Ocean to the South, makes Spain very attractive to foreign investors
  • EU Member Country - Spain has been an EU Member Country since 1 January 1986, which allows for free movement of people, goods, services, and capital within the internal market. In addition, Spain is a Schengen Area member, since 1995, and has maintained the Euro currency since 1 January 1999
  • Mediterrranean Climate - The Mediterranean climate is very attractive, with mild winters and hot and dry summers which encourage visitors and potential business customers
  • Gross Domestic Product - In the second quarter of 2022, Gross Domestic Product of Spain grew 1.1% compared to the previous quarter. This rate is 9-tenths of one percent higher than the figure of 0.2% published in the first quarter of 2022. The year-on-year change in GDP was 6.3%, and there is no change since last quarter.
  • Growing Economy - Since joining the Eurozone in 2002, Spanish economic growth has been much higher than the EU average. Spain is the eighth largest industrialised economy in the OECD (Organisation for Economic Co-operation and Development)
  • 2nd Most Visited Country in World - The government of Spain has revealed that a total of 30.2 million international travellers were registered entering the country in the first six months of 2022, recovering about 80 per cent of pre-pandemic levels.
  • Stable Political Situation - Spain is a member of NATO and the EU, which provides a stable political situation and diplomatic relations guarantee development opportunities for organisations doing business in Spain
  • Low Cost of Living - In 2022, cost of living in Spain is one of the lowest in Western Europe, even in the cities. Leaving aside rent or mortgage payments—and depending on your lifestyle—a couple could easily live on $20,000 to $22,000 USD a year and still eat out regularly. Once you know where to go, a meal for two with wine or beer can cost as little as $30 USD.
  • Healthcare in Spain - Spain has a high quality healthcare system, guaranteeing universal coverage for all residents. Over 90% of Spaniards use the public healthcare system. According to the Bloomberg Healthiest Country Index, Spain is ranked as the healthiest country in the world
  • Public Universities - There are many internationally recognized public Spanish universities, which offer low tuition fees, such as the Autonomous University of Madrid, the Autonomous University of Barcelona, the University of Salamanca, and the University of Alcal de Henares
  • Rising Property Prices in Q1 2022 - The Spanish Property Price Index (the Tinsa IMIE) for the first quarter of 2022 finds that house prices rose by 6.6% compared to the same period in 2021. In quarterly terms, the increase is 2.3%. Madrid stands at the top of the leader board for price hikes when it comes to autonomous regions in Spain. Real estate values in the region went up by 11.3% between January and March. The Balearics and Andalusia didn’t quite make double-figure increases, but both still ranked near the top. The property went up by 8.4% on the islands of Mallorca, Menorca and Ibiza, and by 7.7% in Andalusia, home to the Costa del Sol.
  • Excellent Infrastructure - New Projects in 2022 - the five largest construction projects initiated in Spain during Q1 2022, according to GlobalData’s construction projects database are as follows: a. Madrid Metro Expansion – $2,790m; b. Las Lomas del Higueron Residential Complex – $696m; c.Xerta-Senia Canal Development – $448m; d. C43 Biofuel Production Plant – $223m; and e. Monforte de Lemos to Lugo Railway Line Renovation – $132m.
  • Foreign Companies in Spain - There are no restrictions applied to foreign citizens planning to set up businesses in Spain. Also, there are low employment costs and compared to the EU average, the employment costs are 16% lower
  • Spanish Culture - Spain has a rich culture, including food specialties, such as tapas, festivals and fiestas, Flamenco dance, 3rd most UNESCO World Heritage sites in the world, and famous Artists from Francisco de Goya to Pablo Picasso
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FRENCH CITIZENSHIP BY DESCENT

 


Contact VisaConnect's specialist Consultants, and our partner French Immigration Lawyers, in 2024, by phone or complete an online Form or visit us in our offices in Brisbane, Australia, Singapore, Hong Kong, London, UK and Lisbon, Portugal for advice and assistance with your French Citizenship by Descent application, and supporting documents of French Ancestry!

Benefits of French Nationality

The advantages and benefits of acquiring French Citizenship and a French Passport are:

  • Unlimited Travel in and out of France (Multiple Entry), with a Valid French Passport
  • Freedom of Movement across the EU/EFTA area (Visa-Free travel in the EU)
  • Visa-free access to 190 countries around the world, as per the Henley Passport Index, in 2023. The French Passport is currently ranked as the 2nd strongest Passport in the world.
  • France recognises Dual Nationality
  • Entitled to Live, Work and Vote in France on a Permanent basis, and can Live and Work in other EU Countries
  • Access to all Government offered State Social Support including: Pensions, Subsidies, Free or Preferential Health care
  • Cheaper Education Costs - as Non-EU Students must pay high Tuition fees
  • Allows you to work as a Public Servant and stand in Parliamentary, Senatorial or Presidential elections
  • Serve in the French Armed Forces
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GERMAN CITIZENSHIP BY DESCENT

 


Contact VisaConnect's specialist Consultants, and our partner German Immigration Lawyers, in 2024, by phone or complete an online Form or visit us in our offices in Brisbane, Australia, Singapore, Hong Kong, London, UK and Lisbon, Portugal for advice and assistance with your German Citizenship by Descent application, and supporting documents of German Nationality!

Benefits of German Nationality

The advantages and benefits of acquiring German Citizenship and a German Passport are:

  • Unlimited Travel in and out of Germany (Multiple Entry), with a Valid German Passport
  • Freedom of Movement across the EU/EFTA area (Visa-Free travel in the EU)
  • Visa-free access to 190 countries around the world, as per the Henley Passport Index, in 2023. The German Passport is currently ranked as the equal 2nd strongest Passport in the world.
  • Germany recognises Dual Nationality
  • Entitled to Live, Work and Vote in Germany on a Permanent basis, and can Live and Work in other EU Countries
  • Open and operate a business in Germany and anywhere in the EU
  • Access to all Government Social Security benefits and the German Healthcare scheme
  • Cheaper Education Costs - as Non-EU Students must pay high Tuition fees
  • Allows you to work as a Public Servant and stand in Government elections
  • Serve in the German Armed Forces
  • Raise your children in Germany and pass on German citizenship to them
  • Germany is recognised as being one of the best and safest countries to live in the world
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