A revamped permanent residency scheme will be unveiled at the
end of the month, Prime Minister Joseph Muscat said this
morning.
The Government is also in the process of finalising the first
draft of a citizenship and visa agency that will, among others,
provide a fast track approach for foreign investors.
Dr Muscat said it was unacceptable that foreigners who came to
invest money and create jobs had to wait in long queues to obtain a
visa or residence permit.
Dr Muscat's comment may have been prompted by the
company's chief executive, Radi El Haj, who expects to receive
his Maltese ID card next week after years of working in Malta.
The Prime Minister said his Government will not take credit for
the success of private companies. "We are not a paternalistic
government. We are here only to facilitate. We want to remove
barriers to business."