7 Reasons people choose second residency in Malta
Malta is often cited as a leader on the international map of countries offering residency-by-investment.
Second residency offers an alternative to individuals and families and an attractive balance of rights and duties with regard to the country offering this status.
The benefits of obtaining second residency are several, particularly when the destination country can offer a good quality of life, excellent public services and a thriving expat and local community. This is our list of reasons why people and families choose to apply for second residency in Malta.
Safety, security, stability
Malta is one of the safest countries in the world and crime is negligible. It is a democratic island nation state and a member of the European Union with a stable government and a strong economy.
Family values are at the heart of the country’s social fabric and citizens enjoy a Mediterranean lifestyle where leisure activities include children and the extended family.
Healthcare and education
People who are raising families are always on the lookout for better educational opportunities for their children. Malta boasts top-notch educational institutions, a 400-year-old University, a College for Science, Arts and Technology and state or private schools with curricula based on the British model.
The country’s solid healthcare services ensure the safety and wellbeing of families, providing world class prevention and care.
Obtaining second residency in a country like Malta, which offers affordable state-of-the-art healthcare and education services, is one of the best ways to ensure a better future for one’s children.
Visa-free travel
Having access to residency in an EU country allows non-EU nationals to travel around Schengen without the necessity to apply for a Visa.
This is especially beneficial for individuals who go on frequent business trips, as it avoids repetitive and lengthy application processes.
Free and easy mobility is also a perk for adventurous individuals and families who are interested in seeing as much of the world as they can in a smooth and hassle-free way.
Business and investment
Business-minded individuals are constantly looking for investment opportunities.
Second residency in a well-connected country like Malta with a large community and thriving industries in multiple sectors is one of the ways in which to expand your business or set up shop, while putting your hard-earned funds in solid investments and securing the wealth of your family.
Strong sectors in Malta include hospitality, igaming, aviation and maritime, financial services, pharmaceuticals, film and the knowledge industries.
Personal liberties
Malta is a progressive country with legislation that protects civil unions and universal freedoms.
While many individuals in the western world tend to take personal rights and liberties for granted, there are still several states and countries where these same rights and liberties are only a distant dream.
With restrictions that can range from the temporary, such as Covid measures, to more long-term limitations, such as non-recognition of same-sex couples and transgender individuals, people living in these countries can find freedom in second residency in countries better suited to their identities and lifestyles.
Lifestyle
Second residency in Malta offers individuals and families a Mediterranean lifestyle and exposure to a unique culture.
History enthusiasts will find a veritable open-air museum as the islands are dotted with baroque churches, military architecture, fortifications from the time of the Knights of St John and freestanding temples that are among the oldest in the world.
Families who love the outdoors will enjoy the beaches, trekking, water sports and diving, outdoor dining and entertainment and art and cultural performances.
Malta has something for everyone. And with English being an official language, settling in will be easy.
Plan B
Second residency can function as an insurance policy of sorts should something go wrong in the primary country of residence or domicile.
Geo-political unrest, threats to personal freedoms, and lack of access to health care and educational opportunities drive families to securing this Plan B, for a rainy day.
As the demand for second residency continues to rise, Malta seeks to reach out to potential beneficiaries who can both reap the fruit of achieving resident status as well as add value to our tight-knit local and ever-expanding expat community.
Second residency presents individuals and families with peace of mind, better opportunities and physical and economic mobility. Let Malta be your opportunity for an alternative future.
Click here for more information about the Malta Permanent Residence Programme or send an email on [email protected]
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