Malta residency fee may go up, says advisory – ZAWYA

Malta residency fee may go up, says advisory – ZAWYA

Malta residency fee may go up, says advisory | ZAWYA MENA Edition HomeLegalArticleMalta residency fee may go up, says advisory Malta government allowed for a concession of 1,800 families to obtain a limited number of passports    The move will likely save €150,000 as its quota is now almost full, a company statement said, citing Malta's Authorities.Following this date, the new citizenship programme is expected to be €150,000 more expensive as the revised regulations will likely see an increase in the non-refundable contribution of €150,000 to off-set the removal of the bond purchase requirement.Dubai-based RIF Trust, a leading residency and citizenship by investment advisory, is making one last call for the current Malta Individual Investor Programme to book an appointment before July 31.The move will likely save €150,000 as its quota is now almost full, a company statement said, citing Malta's Authorities.Following this date, the new citizenship programme is expected to be €150,000 more expensive as the revised regulations will likely see an increase in the non-refundable contribution of €150,000 to off-set the removal of the bond purchase requirement.In 2013, the Malta government allowed for a concession of 1,800 families to obtain a limited number of passports. The programme has