Does the applicant have to go to an immigration prison after immigrating to Malta?

Applicants do not need to go to immigration prison after arriving in Malta.

Advantages of Maltese Investment Immigrants

1. Develop the economy and actively join the EU.

The Maltese government hopes that Malta can become the "Singapore" of Europe-an island country with advanced technology and industry. After the current ruling Maltese Kuomintang government came to power, it began to adjust Malta's economic structure. Since 1 99965438+1October1,the Maltese government has officially abolished the former government's tariff and consumption tax system, restored the value-added tax, set the minimum tax rebate standards for various industries, and privatized state-owned enterprises; Expand infrastructure investment; Strengthen the development of industries such as industry, tourism, finance and finance; We will attract more foreign investment and strengthen cooperation with foreign enterprises.

Since 1990, Malta has been applying to become a full member of the EU and has reached a reciprocal trade agreement with the EU. Malta was ratified in 2002. On May 1 2004, Malta became a full member of the European Union, and other member States will invest heavily in Malta. The ruling Kuomintang is developing Malta's economy in this direction.

2. Encourage foreign investors to invest locally and provide various preferential treatments.

(1) If more than 95% of the products are exported, the enterprise income tax may be exempted for ten years;

(2) Imported machinery, equipment and raw materials can be exempted from import duties and value-added tax;

(3)3% low-interest loan (the repayment amount in ten years does not exceed 900,000 pounds);

(4) Export to EU member countries can be exempted from import tariffs and quota restrictions, and export to the United States can also enjoy preferential General Preferential Tariff (GSP).

3. Since July 1990, the Maltese government has applied to become a full member of the EU, and its citizenship is no different from that of the EU member states. You can get an express visa to enter Germany, France, Italy, Luxembourg, the Netherlands, Denmark, Ireland, Britain, Greece, Portugal, Spain, Belgium, Austria, Sweden and Finland.

4. The government encourages childbearing, Maltese enjoy good social welfare and implement free education, medical care and retirement insurance system.

5. Malta has simple local customs, good public security and no racial discrimination and political problems.

6. Malta's living standard has reached the level of western Europe, but the price level is relatively low, the medical equipment is advanced and the fees are low.

7. Education in Malta is universal, offering free secondary and university courses, all of which are taught in English.

5, tariff exemption:

1) Within six months after your arrival in Malta, articles such as articles for daily use and personal use, furniture, etc. (excluding all guns and weapons) that you used in the original country can enjoy tariff exemption when you import them. In this case, no import license is required.

2) Imported private cars can be exempted from customs duties if they meet the following conditions:

A) You have the item at least 6 months before the issuance of the permanent residence permit;

B) All taxes have been paid before the car arrives in Malta;

C) The car will arrive within 6 months after your arrival in Malta or the signing of the permanent residence permit (whichever is later).

3) Repatriation of funds and income to China is applicable to:

A) The unused portion of the funds you brought to Malta;

B) the income accumulated during your stay;

C) Your property and sales income and/or other investment income in Malta.

4) Malta does not need to pay inheritance tax: although Malta does not need to pay inheritance tax, it still needs to pay transfer tax, including:

(a) Real property in Malta;

B) Shares of companies registered locally in Malta (except listed companies)