Residence by Investment in Malta
The Malta Permanent Residence Program (MPRP) offers non-EU nationals the opportunity to obtain an EU residence permit in return for an investment into Maltese economy.
Eligibility and requirements
To be eligible for the MPRP, applicants should:
• Be third country nationals, non-EU, non-EEA and non-Swiss;
• Not benefit under other pertinent regulations and schemes;
• Be in receipt of stable and regular financial resources, sufficient to maintain themselves and their dependents, without recourse to the social assistance system of Malta;
• Show they have capital assets of not less than EUR 500,000, out of which a minimum of EUR 150,000 must be financial assets;
• Be fit-and-proper individuals and have a clean criminal record;
• Not pose any potential threat to the national security, public policy, public health or public interest.
Program Benefits
• Have the right to settle, stay and reside permanently in Malta;
• Enjoy Visa-free travel across Schengen, 90 out of 180 days;
• Penetrate Malta’s affordable real estate market;
• May include up to four generations in an application;
• Politically and economically stable EU country.
• Investment required only for first five years.
• No residence requirement.
Investment Requirement
• Pay a non-refundable administrative fee of EUR 40,000; AND
• Rent a property for a minimum of EUR 10,000 in the South of Malta/Gozo OR EUR 12,000 in the rest of Malta; OR
• Purchase a property for a minimum value of EUR 300,000 in the South of Malta/Gozo OR EUR 350,000 in the rest of Malta; AND
• Pay a Government contribution of EUR 28,000 if purchasing a property OR EUR 58,000 if leasing a property; AND
• Pay an additional EUR 7,500 for each additional adult dependent (except for the spouse); AND
• Hold the qualifying property for a minimum period of 5 years after which a residential address is required; AND
• Make a donation of EUR 2,000 to a local philanthropic, cultural, scientific, artistic, sport or animal welfare NGO registered with the Commissioner of Voluntary Organizations.
• Be in possession of a valid travel document;
• Take out a sickness insurance policy of cover all risks across Malta;
• Take out a travel insurance when travelling across Schengen.
Application Process
An application is submitted to Identity Malta via a Licensed Agent; with the required supporting documents authenticated in English along with evidence of source of funds, which will be examined by the government of Malta. Once the application forms are submitted, they are processed within 4 to 6 months. Successful applicants will be requested to complete the required investments, after which they will be issued Maltese residence certificate, which acts as a permit.
** The Residency Malta Agency denies applications from Afghanistan, North Korea, Iran, Democratic Republic of Congo, Somalia, South Sudan, Sudan, Syria, Yemen, Venezuela, the Russian Federation and the Republic of Belarus.
MPRP Frequently Asked Questions
1. Is the requirement to show EUR 500,000 capital valid just for the first 5 years?
The beneficiary is required to hold the EUR 500,000 capital with EUR 150,00 in financial assets for the first five years only.
2. Can residence cards be renewed abroad through a Maltese Embassy?
No, residence cards cannot be renewed through a Maltese Embassy abroad.
For more information, please fill out our Free Assessment and find out if you qualify.
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