Portugal’s Golden Visa Program just got even better

• No taxes on World Wilde income
• Minimal Residency requirements of just 7 days a year
• Purchase new property for 500,000 Euros Plus, or purchase property for 350,000 Euros if more than 30 years old or pay 250,000 to arts and culture or a start up company
• Apply for citizenship after just 6 years

Latvia

This program is aimed at high net worth individuals and their families wishing to obtain a 5-year temporary residence permit, with the possibility of obtaining permanent residence and citizenship after fulfilling residency requirements.

Benefits

Temporary residence.

Qualifying Criteria

To qualify for the program, applicants must show that they:

• Have the required net worth to undertake one of the following investments:
  • Real estate purchase of at least €250,000.
  • Subordinated capital of a credit institution: Investment in subordinated capital (debt or adventures) or a 5-year term deposit at an annual interest rate of 4.5% for about €285,000.
  • Equity in capital companies: Minimum investment in equity of about €150,000 without additional conditions, or a minimum of about €35,000 and the capital company employs no more than 50 employees, has an annual turnover of balance lower than €10 million and pays at least €40,000 in taxes each year to the national and local governments.
• Show that they possess the necessary means for subsistence in Latvia.

Malta

The republic’s strategic location in the middle of the Mediterranean has made it the crossroads to many cultures along its long history: Phoenicians, Romans, Moorish, Normans, Aragonese, Spanish, French and British. All of these rich cultural influences can still be felt in Malta today. Malta became a part of the European Union in 2004 and the Eurozone in 2008 and has become a favored tourist and retirement destination.

Despite being the smallest country in the European Union, Malta has become an important freight transshipment point and financial center. English is widely spoken by its population and is also an official language.

Economic

Immigration & Taxation

The island’s legislative and regulatory systems provide a solid, yet flexible framework for business. Its economy is based mainly on foreign trade, manufacturing, tourism, finance and technology, and it has seen a steady recovery since 2009. Malta’s financial sector has grown as well, and since most of its banks have domestic debt, they have been largely untouched by the debt from periphery countries in the Eurozone. It also has one of the lowest unemployment rates in Europe.

Malta not only offers excellent infrastructure for business, but also has favorable tax rates for corporations and individuals. Individuals who are residents and domiciled in Malta are taxed on their worldwide income. However, resident individuals who are residents or domiciled in Malta are only taxed on their Maltese sourced income. Individuals are taxed at progressive rates up to 35%.

• Area: 316 km2
• Population: 412,655 (2014 est.)
• Official language: Maltese and English
• Capital: Valletta
• Government: Republic
• Legal system: Mixed system of English common law and civil law based on the Roman and Napoleonic civil codes.
• Currency: Euro
• GDP per capita: $27,500 US (PPP 2013 est., $11.46 billion US GDP)
• Climate: Mild, rainy winters; hot, dry summers
• Visa-free travel for citizens: 163 countries

Please Contact Us for more information.