Malta
Malta is an archipelago in the central Mediterranean between Sicily and the North African Coast. The archipelago consists of three islands: Malta, Gozo and Comino. The Malta Permanent Residence Programme (MPRP) launched in 2021 is a PR programme open to non-EU nationals who invest in Malta.
The Programme is regulated by a robust legal framework, and it allows the main applicant the right to include in the application, the spouse, children, parents, (including parents in law) and grandparents and to give the opportunity to reside or settle indefinitely in Malta. The residency permit also allows the applicants the right to travel within the twenty-six countries of the Schengen Area without a visa.
Country Information
- POPULATION
- 514,564
- LANGUAGE
- Maltese
- ECONOMY
- Advanced Economy
- CURRENCY
- Euro
- MIN. CAPITAL INVESTMENT
- EUR 300,000
- PROCESSING TIME (APPROX.)
- 6-9 months
BENEFITS
Key Advantages Include
Obtain Permanent Residence in approx.
6-8 months, subject to renewal every 5 years.
Right to reside indefinitely in Malta.
Allows free travel within Schengen area.
Property investment is only required for the first five years.
No physical presence required.
Can reside in any Schengen country for 3 months in every 6 months.
INVESTMENT PROCESS
Route to Maltese Residency
To benefit from the MPRP, the main applicant has the option of either purchasing a property or renting a property.
IN CASE OF PURCHASE
Government Application Fee of €68,000Donate at least €2,000 to a philanthropic organization or NGO
Purchase Property
1. Central & Northern Malta – minimum purchase at €350,000 or
2. Southern Region Malta and Gozo – minimum purchase at €300,000
IN CASE OF RENTING
Government Application Fee of €98,000Donate at least €2,000 to a philanthropic organization or NGO
Renting a Property
1. Central & Northern Malta – minimum rent at €12,000 annually
2. Southern Region Malta and Gozo – minimum rent at €10,000 annually
PROGRAM REQUIREMENTS
To qualify for residency or citizenship, applicants must meet the following criteria:
Be a non-EU citizen.
Possess a valid passport or another foreign travel document.
Provide documents supporting the source and origin of invested funds.
Hold no criminal record.
Provide evidence that applicant holds atleast €350,000 in capital and €150,000 in financial assets
Pay application and processing fees where applicable.