By Kenneth Camilleri
The Malta Residency Visa Agency (MRVA) today announced changes to the Malta Residency and Visa Programme (MRVP), paving the way for a new permanent residency programme to be introduced.
Subject to Parliamentary approval next week, the MRVP will be replaced with a new programme called Malta Permanent Residence Programme and it will be governed by a new agency - Residency Malta Agency.
The current MRVP will continue to run until the end of March, following which all new applications will fall under the new regulations.
The launch of the new programme will not affect existing applications submitted under the Malta Residence and Visa Programme Regulations (S.L. 217.18), which regulations will remain valid for applications already submitted. New applications under the current MRVP regulations can still be submitted.
Changes to the existing MRVP include:
For further information, please contact us. Vertex Alliance has accredited agents for the MRVP.
For further reading:
Malta Residency Visa Agency
Malta Residency and Visa Programme (MRVP)