2021-02-11 By Maya Pillai
The Malta Ordinance Residence Program is an attractive housing program currently available to EU and EU citizens and Swiss citizens who want to move their tax housing to a safer and tax-efficient jurisdiction like Malta. In Malta, ordinary residency holders enjoy the right to live and work Malta and travel freely throughout the Schengen area. Families benefit from higher education and health care, which is also free. After applying for the program, one usually gets permission within eight weeks. The Malta Ordinance Housing Scheme is an attractive housing scheme currently open to EU and EU citizens and Swiss citizens who want to move their tax houses to a safer location. High quality and tax-efficient jurisdiction like Malta.
Overview to Malta
Malta is an ideal place to live. In addition to its pleasant climate, safe environment, and hospitable English-speaking population, those wishing to settle on the island have many benefits, including profitable tax government and competitive spending. There are several housing programs available for EU and non-EU foreign nationals. The main focus for non-EU countries is to be part of the Malta Schengen zone. This means that non-EU citizens, once Maltese residents, will receive a uniform residence permit that will allow them to travel in the Schengen zone for at least three months without the need for a visa. To apply for a constant residence permit, the applicant must have residency in Malta.
Despite being a small island, Malta boasts of a thriving and robust economy and high quality of healthcare and education. Over the past two decades, Malta has attracted 100,000 foreigners to work and live on the island. This growing ex-pat community works in many industries, and their numbers are expected to grow further in the years to come. You must know the requirements of Malta company registry.
Are you Eligible for a General Residence Permit in Malta?
1-For a successful application for public housing, you must be satisfied with several conditions. If you are applying, you should know some factors.
2-EU / EEA / Swiss citizens have the right to self-sufficient employment, self-employment, education, entry into Malta, residence, and residency.
3-Non-EU / EEA / Swiss citizens can also apply, but their rights are not automatic. Also, there are restrictions and conditions for so-called third-country citizens, especially about employment/self-employment rights.
4-Similarly, different requirements may apply depending on the applicant’s nationality for public housing in Malta, so consult a housing specialist.