As international mobility becomes an ever more pressing need for those individuals and families in search of greener pastures, more and more are turning to global residence programmes. Malta’s citizenship by investment and Golden Visa programmes hold out the hope of a new life abroad. Alluring as such programmes are, their complexities can be difficult to navigate.
It is necessary to know the pitfalls of global residence programs in order to make smart decisions and not incur prospective losses. These pitfalls of global residence can lead to both financial loss and legal setbacks if overlooked. Here, we will discuss the pitfalls and provide recommendations to future applicants.