IIP & Global Residency Programme
As part of your application process for the Individual Investment Programme (IIP) or Global Residency Programme you will be requested to present Health Insurance. We have the necessary experience to help you with your requirements as we offer various options that are approved by the governing body, Identity Malta.
Our products range from a low cost option to a full cover option; catering for all your requirements.
If you are looking for Health Insurance for the Malta Individual Investor Programme (IIP) or the Global Residence Programme or for further information please email us on [email protected] or call us on 21 345123.
The Malta Global Residence Programme builds on the success of Malta’s reputation in attracting expatriates seeking an alternative residence base in a warm Mediterranean Island in the European Union. Malta’s membership and full implementation of the Schengen Area Treaty offers further attraction on the basis of the ease of travel within the Schengen Area enjoyed by holders of the Malta Global Residence Programme permit. It also offers special tax status by setting the personal tax rate on foreign source income remitted to Malta at 15%.
The aim of the Malta Global Residence Programme is to formally recognise as tax resident for Maltese tax purposes those foreign nationals satisfying the eligibility criteria of the Malta Global Residence Programme. The Maltese Residence Programme requires that an economically self-sufficient residence candidate maintains a permanent address in Malta in the form of residential property purchased or rented in Malta or Gozo.
The Malta Individual Investor Programme is designed to facilitate the grant of Maltese citizenship to foreign High Net Worth Individuals and their families who are of a reputable standing (including, unlike some other programmes, the parents and grandparents of the main applicant and the spouse, as well as the children of either spouse). The principal investment required under the Programme – now well tried and tested – takes the form of a monetary contribution to the National Development and Social Fund established by the Government of Malta for the purpose of bringing about qualitative improvements in Malta through public interest, social and capital projects.
Since Malta is a member of the European Union and part of the Schengen Area, non-EU applicants who successfully acquire citizenship under the Programme benefit from significantly-improved mobility within the member states of the EU and the European Free Trade Association. They are also able to avail themselves of visa-free travel to more than 160 countries, including the United States of America, Canada and the United Kingdom. Besides giving successful applicants an unrestricted right to live and work within all the member states of the EU, the acquisition of Maltese citizenship has no tax implications.