⚖️ 🇲🇹 Malta Permanent Residence Programme vs 🇵🇭 Philippines SRRV Smile
| 🇲🇹 Malta Permanent Residence Programme | 🇵🇭 Philippines SRRV Smile | |
|---|---|---|
| Country | Malta | Philippines |
| Program Type | Golden visa | Retirement |
| Status | Active | Active |
📊 AT A GLANCE
| Metric | 🇲🇹 Malta Permanent Residence Programme | 🇵🇭 Philippines SRRV Smile |
|---|---|---|
| Initial Duration | — | — |
| Monthly Income | — | — |
| Application Fee | $69,000 | $1,500 |
| Tax Regime | Territorial | Worldwide |
| Renewable | No | Yes |
💰 FINANCIAL REQUIREMENTS
| Requirement | Malta Permanent Residence Programme | Philippines SRRV Smile |
|---|---|---|
| Savings Requirement | $172,500 | $20,000 |
| Net Worth Requirement | $575,000 | — |
| Application Fee | $69,000 | $1,500 |
| Government Contribution | $42,550 | — |
| Dependent Fee | $8,625 | $300 |
📅 DURATION & RENEWAL
| Detail | Malta Permanent Residence Programme | Philippines SRRV Smile |
|---|---|---|
| Initial Duration | — | — |
| Renewable | No | Yes |
🏦 TAX REGIME
| Detail | Malta Permanent Residence Programme | Philippines SRRV Smile |
|---|---|---|
| Tax Regime | Territorial | Worldwide |
| Tax Regime Name | Remittance-based — only Malta-source and remitted income taxed | Philippines progressive tax (0-35%) |
| Foreign Income Taxed | Yes | No |
| Capital Gains Taxed | Yes | No |
💼 WORK RIGHTS
| Right | Malta Permanent Residence Programme | Philippines SRRV Smile |
|---|---|---|
| Employed Work | No | No |
| Self-Employed Work | No | No |
| Own Business | Yes | No |
| Work Permit Included | No | No |
📋 REQUIREMENTS
| Requirement | Malta Permanent Residence Programme | Philippines SRRV Smile |
|---|---|---|
| Criminal Record Check | Required | Required |
| Health Check | Required | Required |
| Degree | Not required | Not required |
| Professional Experience | Not required | Not required |
| Language (for Citizenship) | Required | Not required |
👨👩👧 FAMILY & DEPENDENTS
| Detail | Malta Permanent Residence Programme | Philippines SRRV Smile |
|---|---|---|
| Dependents Allowed | Yes | Yes |
| Spouse Included | Yes | Yes |
| Max Child Age | 18 | 21 |
| Dependent Parents | Yes | No |
| Income per Dependent | — | $15,000 |
🌍 PATHWAYS
| Detail | Malta Permanent Residence Programme | Philippines SRRV Smile |
|---|---|---|
| Path to PR | Yes | Yes |
| Path to Citizenship | Yes (7 yrs) | No |
| Grants Direct Citizenship | No | No |
| Dual Citizenship Allowed | Yes | Yes |
🎁 BENEFITS
| Benefit | Malta Permanent Residence Programme | Philippines SRRV Smile |
|---|---|---|
| Schengen Access | Yes | No |
| Can Open Bank Account | Yes | Yes |
| Can Buy Property | Yes | Yes |
| Public Healthcare Access | No | No |
| Health Insurance Required | Required | Not required |
📝 APPLICATION
| Detail | Malta Permanent Residence Programme | Philippines SRRV Smile |
|---|---|---|
| Method | In person | In country |
| Processing Time | 120–240 days | 14–30 days |
| Apply from Abroad | Yes | No |
| Local Representative Required | Required | Not required |