Legal Law Order Law  Benefits of Obtaining a Malta Ordinary Residence Permit 

Benefits of Obtaining a Malta Ordinary Residence Permit 


Do you want to reside in a country located in central Europe for a long time? Malta ordinary residence permits are designed to cater to the needs of those who intend to live on the island for more than three months. The residence permit needs you to register and apply for an e-residence card or residence permit to stay in Malta.

Malta Ordinary Residence is one of the residency programs, which seeks to attract individuals and entrepreneurs to the EU country. It allows you to enjoy visa-free travel to more than eighty Schengen countries, including Norway, Liechtenstein, Iceland, and Switzerland. The country lies in a strategically prime location and offers international air and sea connections.

Malta has an appealing tax structure for individuals with high-net-worth. The English-speaking environment makes it easy for people from other nations to have a stable social life. Malta has a sound economic and political territory, which makes the country irresistible.

To apply for Malta Ordinary Residence, individuals need to observe several conditions. Some of the necessary factors include the following:

Nationals from the EU, EEA, and Swiss countries can enter Malta and reside there to do a job, be a self-employed, or self-sufficient economic person. They can also get high-quality education in Maltese colleges and universities.

Individuals living in countries other than the EU, EEA, or Swiss nations may also apply for Malta Ordinary Residence, but they do not get automatic rights. Besides that, they have to follow several restrictions and conditions, especially when it comes to employment or self-employment rights.

Applying for Malta Ordinary Residence may have varying requirements, depending on your nationality. Therefore, it is wise to seek the advice of an expert in the Malta residency. Getting Ordinary Residence in Malta requires you to physically reside in the country for 183 days or more in a single calendar year. Applicants not staying in Malta for running a business, a job, or any health reasons may still be able to claim tax residence in the country, depending on circumstances.

 

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