The Malta Golden Visa Permanent Residency (MRVP) is available to residents of Kuwait.
Contents: Requirement | Investment properties | Timeline | Cost | Benefits | Consult | FAQ
What are Malta Residence Visa Requirements for Kuwait?
Malta Golden visa (PR) requirement – Kuwait
- At least 18 yrs old in Good health.
- Income €100K (Kuwaiti Dinar 36K KWD) p.a or Capital €500K (179K KWD).
- Buy a property €320K (114K KWD) Or Rent €12,000 (4K KWD) p.a.
- €30K (11K KWD) admin fees to Govt.
- €250K (89K KWD) in Govt. bonds for 5 years
See details of Malta Residency Visa Requirements
The Malta Golden Visa Permanent Residence Programme is available to Kuwait citizens. There is growing demand in moving to Malta from Kuwait through Residence Visa.
How long does it take to get a Malta Residency Visa for Kuwaiti citizens?
Maltese Golden visa timeline – Kuwait
For an investor from Kuwait, the processing time for a Malta residency visa is between 3 to 7 months.
- Application preparation time – 2-3 weeks.
- Residency application submission and Processing time – 3 months.
- After initial approval, compliance time (Buy House and more) – 3 months.
- Permanent Residency card is issued at the end.
Details on Malta Residence Visa processing times
How much does Malta Golden Visa Cost for Kuwaiti citizens?
Malta Permanent Residence visa by Investment – Kuwait
In 2024, the Minimum investment amount for Malta Golden Visa (PR) is typically over €500K (Kuwaiti Dinar 179K KWD).
- Application Fee €5,500 (2K KWD) and €24,500 (9K KWD)
- Government Bonds €250K (89K KWD)
- Home Purchase min. €270K (96K KWD) or Rent min. €10K (4K KWD)
National Bank of Kuwait is the regulatory body that has framework and monetary policy for moving assets and money outside of Kuwait.
Details of Malta Residence Visa Costs
What are the benefits of Malta residence for Kuwaiti citizens?
- No minimum presence required
- Approval of permanent residency in three months
- No worldwide tax remittance basis only
- Schengen residence card
- No Real Estate tax
- Certificate or Permanent Residency for life
- Visa-free travel within Schengen
Immigration – Malta PR from Kuwait
Taxation of New Residents
The basis for taxation under the Maltese tax is based on residence and domicile. Residence for Malta tax purposes shows an intention to reside in Malta indefinitely. It may also be a basis of physical presence in Malta of at least 183 days.
Non-tax residents of Malta or those who are non-domiciled in Malta are taxable only on Malta source income and gains. Non-domiciled Malta residents are taxable on remittance only on foreign source income, not on foreign-source capital. It should be remitted to Malta only and is subjected to a minimum tax of €5,000. The minimum tax applies to individuals and couples who earn at least €35,000 in annual income outside Malta. Income and capital gains in Malta are applicable to personal income taxes.
Capital gains outside Malta will be outside the scope of Maltese tax regardless if remitted to Malta or not. Capital and savings remitted to Malta also fall outside the scope of Maltese tax.
Kuwait, Malta Permanent Residence Visa Consultant
EB5 BRICS can help you navigate Malta Golden Residency Programme through our presence in Malta in conjunction with our Malta Legal Partner. Our team speaks English, Hindi, Urdu and Punjabi.
EB5 BRICS
Phone: +1 (213) 344-5941
E-mail: info@eb5brics.com
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Malta Golden Visa for Kuwait FAQ
For Kuwait, How long does one have to live in Malta to get citizenship?
As a Resident of Malta, You have to live in Malta for six years before you can start an application to become a Maltese citizen by naturalization.
For Kuwait citizen, can one buy property in Malta?
A Kuwaiti citizen can buy Real Estate in Malta. Within specially designated areas, you can buy property in Malta without a Acquisition of Immovable Property (AIP) permit. For other areas in Malta, an API permit is needed.