Malta permanent residence for a professor from Thailand: attending scientific conferences in Europe without visas
With Maltese permanent residence, I see a bundle of new opportunities for both participating in outstanding scientific research and increasing my income. It’s inspiring.
In Europe, we are not strangers anymore. We can easily cross the border without having to answer various questions. I feel particularly great about it.
Suwit,
Scientist and university professor from Thailand
Clients’ names and photos have been changed
This case was provided by our expert
Head of the Maltese office, MBA
Malta permanent residence for a professor from Thailand: attending scientific conferences in Europe without visas
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How Suwit and Anong obtained permanent residence in Malta by spending €651,720 and 11 months
To participate in the Malta Residence and Visa Programme, Suwit spent €651,720. Yet, only €51,220 were non-refundable. €600,000 invested in real estate and bonds can be regained after 5 years, with earnings.
October 20th, 2017
Preliminary Due Diligence
Suwit underwent our internal check, showing he was eligible for the Maltese investment program. His application would have a high chance of being approved.
We signed a Services Agreement and began preparing an application.
Suwit underwent our internal check, showing he was eligible for the Maltese investment program. His application would have a high chance of being approved.
We signed a Services Agreement and began preparing an application.
+ 1 month
Collection of documents, €4,000
We provided the spouses with the list of documents they needed to collect. Thanks to Suwit’s thorough style, all records were quickly prepared. The lawyers organised the translation, apostilization, legalisation, and notarization of the documents.
To prove the availability of funds of €500,000, Suwit ordered the estimation of the cost of his apartment in Thailand and a bank statement of his savings account. In total, his capital was €589,000, which fitted the program’s terms.
We provided the spouses with the list of documents they needed to collect. Thanks to Suwit’s thorough style, all records were quickly prepared. The lawyers organised the translation, apostilization, legalisation, and notarization of the documents.
To prove the availability of funds of €500,000, Suwit ordered the estimation of the cost of his apartment in Thailand and a bank statement of his savings account. In total, his capital was €589,000, which fitted the program’s terms.
+ 7 months
Main Due Diligence, €5,500
As a licensed agent of the program, we filed Suwit’s package of documents to the Malta Residence and Visa Agency on his behalf. At this stage, the spouses did not have to come to Malta.
Suwit paid €5,500, a part of the €30,000 administration fee. The rest was to be paid after getting approval.
In 7 months, we were notified that Suwit’s candidacy was accepted, and he could move on to the investment stage.
As a licensed agent of the program, we filed Suwit’s package of documents to the Malta Residence and Visa Agency on his behalf. At this stage, the spouses did not have to come to Malta.
Suwit paid €5,500, a part of the €30,000 administration fee. The rest was to be paid after getting approval.
In 7 months, we were notified that Suwit’s candidacy was accepted, and he could move on to the investment stage.
+ 2 months
Fulfilment of the investment conditions, €624,500
We provided legal support for Suwit’s purchases of bonds and property. He also paid the rest of the administration fee and took out an insurance policy.
We provided legal support for Suwit’s purchases of bonds and property. He also paid the rest of the administration fee and took out an insurance policy.
+ 5 weeks
Providing fingerprints and getting final approval
We arranged the delivery of biometric data by the couple. For that, they came to Malta. Then, the lawyers submitted the documents showing the spouses fulfilled all the conditions to the Malta Residence and Visa Agency. The investor got final approval.
We arranged the delivery of biometric data by the couple. For that, they came to Malta. Then, the lawyers submitted the documents showing the spouses fulfilled all the conditions to the Malta Residence and Visa Agency. The investor got final approval.
+ 3 weeks, September 15th 2018
Receiving Maltese permanent residence cards, €220
After paying the card issuance fee of €110 per person, Suwit received Maltese permanent residence cards for himself and his wife.
After paying the card issuance fee of €110 per person, Suwit received Maltese permanent residence cards for himself and his wife.
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