Malta Permanent Residence Programme
The Malta Permanent Residence Programme (MPRP) provides access to the EU Schengen area.
Source : Rif Trust
29
Schengen countries to explore
€100,000
minimum requirement
6-8
months processing time
There’s a lot to love about Malta Residency by Investment. Boasting a stable political climate and a low risk of financial instability, Malta also offers a European standard of living within a beautiful Mediterranean setting.
Benefits of Malta Residency by Investment
Experience Greater Safety and Security
Malta boasts a stable political climate and a low risk of financial instability.
Capitalize on Business Opportunities
The Maltese Government is pro-business, meaning that creating a company in Malta is relatively easy.
Include Family Members
Malta residency extends to your spouse. You can also add children under 18 to your application. Children over 18 (as long as they are unmarried and non-economically active), as well as parents and grandparents that are primarily dependent on the main applicant, count as dependents too.
Explore Europe
As Malta's been a member of the Schengen Area since 2007 and, also, a member of the European Union (EU) since 2004, Malta-based families and individuals can travel visa-free through the EU Schengen area.
Stay Indefinitely
You will become a Permanent Resident in Malta and, therefore, you can live in the country for life.
Avoid a Language Barrier
English is one of Malta's 2 official languages, along with Maltese, and is spoken widely.
Who Can Get Malta Citizenship
Investor
Over 18 years old
Not a EU citizen
No criminal record
Have health insurance
Spouse or Partner
Over 18 years old
Not a citizen of a European Union country
No criminal record
Children Under 18
Living in the family home
Children Over 18
Financially dependent on you, the investor
Parents and Grandparents
Financially dependent on you, the investor
Malta Permanent Residence Programme Requirements
To qualify for the Malta Permanent Residence Programme (MPRP) , you must fulfil ONE of the following qualifying investments AND meet other requirements:
OPTION 1. Combine a government contribution with a property purchase
Contribute €80,000 to the Government of Malta. You must also buy a property worth at least €375,000 anywhere in the country, including the areas of South Malta and Gozo.
OPTION 2. Make a contribution to the Maltese Government and rent a property
Contribute €110,000 to the Government of Malta. You must also rent a Maltese residential property with an annual lease of at least €14,000 anywhere in the country.
Other Requirements and Benefits
To be eligible for the Malta Permanent Residence Programme (MPRP), you must, firstly, prove you have €500,000 in financial assets, of which €150,000 must be available liquid assets. In addition, all dependents over 18 need an affidavit of support for inclusion.
However, to add parents or grandparents, you will need to pay a €10,000 administration fee for each dependent. You must also keep the property for at least 5 years and make a charitable donation of €2,000 as well.
You must also “make a donation of €2,000 to a local philanthropic, cultural, scientific, artistic, sport or animal welfare NGO registered with the Commissioner of Voluntary Organisations.”
This is a low capital outlay compared to other EU residence permit programmes and you can enjoy visa-free travel throughout the Schengen area.
Greece Golden Visa Application Process
Month 1
Malta residency onboarding process
We commence our process, appropriately enough, with Form 1. This enables us to carry out the initial Latitude due diligence. We will then provide you with a Client Agreement (CA). Before we proceed, you will need to review and sign this.
Upon receiving the signed agreement and retainer payment, our case processing team will next complete all necessary government forms. They will also collate the supporting documents. We will also liaise with the real estate professionals and Residency Malta Agency. You will, however, need to make the first contribution of €10,000.
Months 2
Application review and submission
Before submitting your documents, we scrutinize your application to ensure your file complies with Residency Malta Agency's requirements.
Meanwhile, Residency Malta Agency will undertake its own due diligence and reviews all the paperwork. However, we will continue to work closely with them throughout the process.
Months 4-5
Application approved in principle
You will receive an Approval in Principle Letter from the Residency Malta Agency, which confirms that you have met the eligibility criteria for the Malta Permanent Residency Programme (MPRP).
This letter will allow you to continue with the next steps in the process, such as making the necessary second contribution of €30,000.
Months 6-8
Malta residence card issued
You'll need to provide proof of property ownership or a rental agreement. In addition, you must make a mandatory charitable donation of €2,000. Then you'll need to provide the government with your current health insurance policy documentation.
Once these requirements are met, you must make the third and final contribution payment before we can arrange for the issuing of your residency cards.
Frequently Asked Questions
Who can apply for Maltese Residency?
f you’re a third-country national (TCN), excluding EU, EEA, and Switzerland citizens, you’re eligible to apply for the Malta Permanent Residence Programme aka the Malta Golden Visa.
Who can I include on my Malta Permanent Residence application?
As well as you, this Residency by Investment allows you to add your spouse.
In addition, you can include children under 18 and children over 18 (as long as they are unmarried and non-economically active) as dependents as well.
You can also add parents and grandparents that are primarily dependent on you for an additional cost of €7,500 each.
What type of organization can the voluntary contribution be made to?
You can make a financial contribution of €2,000 to a local registered philanthropic, cultural, sport, scientific, animal welfare or artistic NGO. By registered, this means by the Commissioner for Voluntary Organisations, or as otherwise approved by the Agency.
Do you need to own/lease property in Malta at the application stage?
No. If you are applying for Malta residency, you must own or lease a property. Then you need to submit the relevant documentation within 8 months from the date of issue of the Letter of Approval in Principle.
However, if a property has been leased or purchased prior to the application submission, it may still be accepted. But it needs to fall in line with relevant requirements.
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