In exercise of the powers conferred by Articles 7 and 8 of the Immigration Act, the Prime Minister has made a number of amendments to the Malta Residence and Visa Programme. The changes will come into force immediately and are considered to be part and parcel with the Malta Residence and Visa Programme regulations which were previously set down.
The salient changes made to the programme are the following:
· The contribution fee of thirty thousand euros (€ 30,000) which is to be paid upon application now covers the main applicant, spouse and the children of the main applicant and/or the spouse.
There has been the introduction of an additional five thousand euros (€5,000) contribution which is non-refundable for each parent or grandparent of the main applicant or of the spouse which is payable upon the issuance of the approval letter.
· The age capping of children of the main applicant and/or the spouse has been removed. This means that children over the age of twenty-seven (27) at the time of application can be included on the application form and that children do not lose their residency rights upon their attainment of twenty-seven (27) years of age.
· The removal of the requirement for the main applicant and his/her dependents to spend a period that exceeds either six consecutive months or an aggregate period of ten months at any four year period from the appointed day outside of Malta.
· The main applicant and his/her dependents will become eligible to apply for Long Term Residency subject to the respective requirements being satisfied.
· The approved children of the main applicant and/or the spouse will retain residency rights as long they are not economically active and/or married at the application stage.
There is now the option for the main applicant to apply against a non-refundable supplementary administration fee of five thousand euros non-refundable (€ 5,000) per person, to include the following on the Main Beneficiary Certificate:
1. The spouse of a previously approved dependent child of the main applicant and/or the spouse;
2. The child born or adopted after the approval date, of a previously approved dependent child of the main applicant and/or the spouse, or of the previously approved dependent child’s spouse.
The above are subject to successful due diligence checks.