April 1, 2021

Residency Malta Agency Replaces MRVA

Further to the publication of the Malta Permanent Residence Programme (MPRP) Regulations on Friday 26th March, the Malta Residence and Visa Agency (MRVA) has been officially replaced by the Residency Malta Agency (RMA).

The official RMA Linkedin page describes the agency as follows: Residency Malta Agency is the Government entity responsible for managing and promoting Malta’s residency-by-investment programme. The Agency is consistent in its rigorous efforts to attract quality individuals and families, applying a stringent four-tier due diligence process that ensures the most meticulous of screening. It is based on this ethic, coupled with transparency and integrity that the Agency approaches all its transactions.

As of Monday 29th March 2021, RMA has started receiving applications under the revamped residence by investment programme, the MPRP, whilst applications under the MRVP are no longer being accepted.

The RMA refers to the MPRP as “a straightforward residence by investment programme based on investments in property and government contributions. With the promise of a 4 to 6-month processing time from the submission of a complete and correct application, the MPRP offers much value to clients wishing to make Malta their home away from home”.

For more information about relocating to Malta or to explore cooperation, contact Dr Russell Attard Baldacchino.

Licensed Agent AKM-BALD-21
russell@attardbaldacchino.com
www.attardbaldacchino.com
+356 79284155

This blogpost is being published strictly for informational and educational purposes, and should be correct and accurate at the time of publication. The content of this publication should not be considered as formal legal, immigration, or tax advice.