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Malta Permanent Residency Program (MPRP)

About Malta

 

Malta is a country located in the Mediterranean Sea, with its capital being Valletta. It is the smallest member state of the European Union in terms of both area and population. Malta boasts a rich and diverse history, reflecting the influences of various civilizations over the ages. It is renowned as a famous tourist destination due to its mild year-round climate and stunning cultural landmarks, and what makes it an attractive investment destination is its safe and stable environment.

  • Language: Maltese and English
  • Currency: Euro
  • Total Area: 320 km²
  • Capital: Valletta

About Malta Permanent Residency

 

The Malta Permanent Residency Program is an excellent investment opportunity for those who wish to obtain permanent residency through investment. It offers many benefits, including freedom of movement between countries in the Schengen Area, the world’s largest economic bloc, and the possibility of including dependent family members.

 

Benefits of Malta Permanent Residency

Permanent Residency Rights for all family members

Option to include a spouse, unmarried and fully dependent children under the age of 29, as well as parents and grandparents.

Freedom of Movement within the Schengen Area

Unlimited access to the Schengen Zone, the world’s largest economic area.

Fast Processing Time

The application process is considered fast, typically completed within 6 to 8 months on average.

Attractive Tax Incentives

Benefit from personal and corporate tax incentives, including income tax exemptions on foreign-source income for non-residents.

Access to World-Class Services

Enjoy access to leading healthcare institutions and a globally recognized education system.

Maintaining Residency Status for Dependents

Residency status extends to dependents who later become independent and even to their spouses and families after marriage.

No Physical Residency Requirement

There is no obligation to reside in Malta to maintain your or your family’s residency status.

Immediate Issuance of Temporary Residency Card

Possibility of issuing a temporary residency card upon submission of a complete application and passing initial due diligence checks.

Rental Income Opportunity

Immediate rental income potential for property buyers through instant rental rights.

Malta Permanent Residency Visa Qualifications & Requirements for Investors

 

There are several requirements that must be met in order to qualify for permanent residency in Malta:

Investor Requirements

  • Be 18 years of age or older.
  • Have a certificate of good health from a reputable health system (the medical insurance policy must cover inpatient and outpatient care in Malta to a minimum level of coverage of €30,000 per annum per person).
  • Have total assets of €500,000 (of which €150,000 must be financial assets). Or have total assets worth at least €650,000 (of which €75,000 are in financial assets).
  • Have a stable and regular source of income.
  • Have a clean criminal record.
  • Not subject to criminal proceedings.
  • Be a non-EU, non-EEA, and non-Swiss national.
  • The qualifying property must be held for a minimum period of 5 years.

Eligible Family Members who can be included in the application

  • The spouse of the main applicant.
  • A child, including the adopted of the main applicant or spouse, who is less than 18 years old.
  • A child, including the adopted of the main applicant or spouse, is over 18, unmarried, and proves to be economically dependent on the main applicant, not older than 29 when the application is submitted.
  • A parent or grandparent of the main applicant or spouse who proves to be economically dependent on the main applicant and not in full-time employment.
  • An adult child of the main applicant or spouse who is certified by a medical professional/ Authority as having a disability.

Cost of obtaining Malta Permanent Residency

 

Investors have two packaged options to invest in and must make all of the following investments in order to obtain Malta Permanent Residency:

Option 1

If renting a property, it includes all the below elements:

  • Government contribution: €97,000 – €60,000 government administrative fees – €37,000 government financial contribution
  • Minimum annual rent: 14,000 EUR in all areas of Malta
  • Mandatory donation of 2,000 EUR to a registered Maltese non-profit organization.

Option 2

If purchasing a property, it includes all the following:

  • Government contribution: 97,000 EUR – €60,000 government administrative fees – €37,000 government financial contribution
  • Real estate ownership requirements: 375,000 EUR in all areas of Malta
  • Mandatory donation of 2,000 EUR to a registered Maltese non-profit organization.

Other administrative and application fees apply

Process and Steps To Obtain Malta Permanent Residency

 

  • Step 1: Collect documents.
  • Step 2: Submit an application for a residence permit.
  • Step 3: Obtain preliminary approval.
  • Step 4: Transfer the required investment funds within two months.
  • Step 5: Issue a Maltese residence certificate.
  • Step 6: Travel to Malta to obtain a permanent residence permit.

Our Services

 

  1. Provide advice on investment requirements.
  2. Provide advice on eligibility as per the laws and regulations of the program.
  3. Providing advice with the required papers and procedures.
  4. Preparing & submitting the application to relevant authorities.
  5. Conduct the required following up on application progress.
  6. Providing a collection of real estate as per the investor’s preference.
  7. Coordination of procedures for renting property during the procedures period.
  8. Review the sale and purchase contract when buying a property in Malta.
  9. Coordinate a travel schedule to Malta.
  10. Coordination for submission & biometric appointment with related authorities.

FAQ’s

Can I sell the property, and when?

Yes, you can sell the property after 5 years while retaining the right to reside in Malta.

Where is Malta located?

Malta is a republic located in Southern Europe, consisting of three inhabited islands with a total land area of only 320 square kilometers. The total population of Malta is approximately 494,000 people, with Valletta as the capital. The local population speaks both Maltese and English as official languages in the country. Malta's climate is characterized by a mild, rainy winter and a hot, dry summer, and the terrain includes low hills, fertile plains, and scattered seasonal pools in the countryside. To the north, there is a series of hills and valleys, while the western side features high cliffs that can reach up to 800 feet above sea level.

Is Malta one of the Schengen countries?

Yes, Malta is part of the Schengen Area, so residence permits issued by Malta are valid in all Schengen Area countries.

How long does it take to obtain permanent residence in Malta?

Obtaining permanent residence in Malta can take as little as less than a year, taking into account all stages of the application process.

Does the applicant need to travel to Malta during the application process?

Applicants are given the option of obtaining a one-year temporary residency permit before obtaining permanent residence upon submitting a complete application and successfully passing the initial security checks. During this period, they can travel to Malta and choose the property they wish to invest in, whether for purchase or rental purposes.

Can holders of permanent permits in Malta work in any other European country?

No, holders of permanent permits in Malta do not have the right to work in other European Union countries. Permanent residents must apply for a work permit in European Union countries in accordance with the laws and regulations of that country.

What nationalities cannot apply for the permanent residency program in Malta?

Afghanistan, North Korea, Iran, the Democratic Republic of the Congo, Somalia, South Sudan, Sudan, Syria, Yemen, Venezuela, Russia, and Belarus.
Program Details
Passport Rank

-

Investment Amount

-

Processing Time

Less than a year

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