Parliamentary Secretary for Citizenship and Communities Alex Muscat, under whose responsibility, among others, the Malta Residence and Visa Agency, met with the new board of the same agency in the first place. their formal meeting since the official appointment.
In his address at the opening of the meeting, the parliamentary secretary stressed that the agency has made a strong contribution to the economy of our country so much that it has left over € 23 million in the Consolidated Fund of our country. He went on to say that the services offered by this agency will continue to improve. “The ambition is to continue to increase the pace of work of this agency in order to continue to expand its operations in other new markets around the world,” said the parliamentary secretary.
He said that this year, the agency generated revenue more than three times that generated in past years, while increasing efficiency and even addressing the backlog in the applications that were processed; . “In this sector, efficiency is crucial, so we have seen to it that we continue to see the work done strengthened and grown. This is also in view of the fact that in the near future, the new residency program will be launched, among the various reforms that we are carrying out “, stressed the Parliamentary Secretary Alex Muscat.
“We have to be realistic, that COVID has affected everyone. However, these types of programs will inevitably become more popular with foreign investors, because they will give these people an opportunity and a place of alternative residence, in order to invest and open the operation of their businesses. in our country. This while continuing to offer job opportunities to Maltese and Gozitans “, emphasized the parliamentary secretary. He concluded by saying that these investors will be looking for a safer, economically stable country, and also consider the response to exceptional situations as we are currently facing.
