Issuance of Notice

8. Issuance of Notice

8. Issuance of Notice of Approval-In-Principle, Residence Certificate, Biometrics and Issuance of e-Residence Card

Once the Main Applicant receives a letter of approval-in-principle, what do they have to do and by when?

Within three months (if necessary an extension can be sought) of receipt of a letter of approval-in-principle, if not already obtained, the Main Applicant will need to acquire a qualifying property (leasing/buying), make the required investment and obtain health insurance. Once these conditions have been met, we will provide the evidence to Identity Malta and will invite the Main Applicant and their dependants to Malta for the taking of biometrics.

Is there a minimum amount of EU health insurance required for each MRVP applicant and dependant?

Yes there is. It is €30,000 (thirty thousand Euro) minimum with full hospital coverage for each individual.

How long does it take to issue the Residence Certificate and when will the e-Residence Card(s) be issued?

Once documentary evidence is submitted to Identity Malta in relation to the qualifying property, the investment and health insurance, a residence certificate will be prepared without delay. When the Residence Certificate is issued, the Main Applicant and dependants will be able to visit Malta to have biometrics captured. Within 3 to 5 days after biometrics are captured, an e-Residence Card will be issued for the Main Applicant and his/her dependants (each person gets a personal e-Residence Card).

Will the Certificate and the e-Residence Card have expiry dates?

The Certificate will not have an expiry date, however the e-Residence Card, will initially be valid for a period of five years – subject to annual monitoring and that the stipulated conditions continue to be met.

Is there any exemption from capturing biometrics, for instance if a person is a baby or disabled?

Yes, children are exempt from biometrics up to the age of 6. With regard to people with disabilities, each case will be decided on its own merits.

Will a language test be carried out to test the Main Applicant’s and the dependants’ knowledge of Maltese/English?

No.

Is a minimum presence required in Malta on the part of the applicants?

No.

For any other questions that are not covered here, please contact us on info@nexiabt.com.

Disclaimer: This marketing material has been issued by Nexia BT, having registered address at The Penthouse, Suite 2, Capital Business Centre, Entrance C, Triq taz-Zwejt, San Gwann SGN 3000, Malta. Any information within this brochure should be taken as a general guide only and should not be taken as advice and its application to specific situations will depend on the particular circumstances involved. Readers are recommended to seek professional advice and should not rely on information provided in this brochure as a substitute for such advice. While all reasonable attempts have been made to ensure that the information contained herein is accurate, Nexia BT accepts no responsibility for any errors or ommissions it may contain, whether caused by negligence or otherwise, or for any losses, however, caused, sustained by any person that relies upon it. BTI Management Limited is a registered as a Company Service Provider by the Malta Financial Services Authority. BT International Limited is authorised by the Malta Financial Services Authority to provide fiduciary services which do not include acting as a Trustee. Both companies form part of Nexia BT Group.