Client story
Client Story
Where they started
Viktor and Elena are a childless couple with an active business requiring working capital. They needed Malta Permanent Residency as a backup base and access to Europe, but not at the cost of freezing a substantial sum as dead weight in an apartment they would use only a few weeks per year.
Why the standard route did not work
Most people initially think that Permanent Residency requires a property purchase. This is not true: the program allows rental as well. The question is only what is more advantageous in terms of total cost of ownership of the status - a purchase with a large frozen sum and lower government contribution, or a rental with lower entry costs but a higher contribution.
What BRIDGES had to solve
For a couple with an operating business, the answer was unclear and could not be guessed. Both scenarios needed to be honestly calculated for the entire program period: how much money would actually leave circulation and not return, and how much would be temporary expenses.
Why a standard answer would not do
Viktor and Elena approached BRIDGES precisely for this calculation. They needed not a standard price list, but a custom estimate for their situation - taking into account that for them every hundred thousand removed from the business has a cost.
Everyone told us: buy property. But we did not want to withdraw money from the business for an apartment we would barely use. Anna did not push us toward a purchase - she sat down and calculated both options for the entire term. It turned out that rental on Gozo was more advantageous for us. We did exactly that - and the capital remained to work.
