Residency by Investment
Malta Permanent Residence Programme (MPRP)
A superior standard of living in the stunning Mediterranean.
Boasting a stable political climate and a low risk of financial instability, Malta offers a European standard of living within a beautiful Mediterranean setting.
The country has been a member of the EU since 2004, and of the Schengen Area since 2007.
The Malta Permanent Residence Programme (MPRP) offers great advantages to both individuals and families who are seeking to operate throughout the European Union Schengen Area.
And what’s more, the Maltese Government is pro-business, meaning creating a company in Malta is a straightforward process.
There is much to love about Malta and the benefits that accompany residency.
For example, Malta’s legislation and tax system are amongst the most favourable in Europe, as well as boasting low crime rates, a laidback lifestyle, proximity to the sea, and 300 days of sunshine per year.
English is an official language of Malta (alongside Maltese) and is widely spoken. All government forms and documents are produced in English, as well as road signs, restaurant menus, and other important information.
Malta residency extends to spouses, children under 18, 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.
Key Benefits
Visa-free travel in the EU Schengen Area
Residency granted within 6 months
Capital outlay as low as €125,000
No minimum residency requirements
Malta provides two options to qualify for permanent residence, plus a few additional requirements as outlined below:
1. Property Purchase
The first option to invest in Malta permanent residence involves:
- Making a government contribution of €68,000
AND
- Purchasing a property with a minimum value of €300,000 in the south of Malta and Gozo, or €350,000 in any other area of the country
2. Property Lease
The second option to invest in Malta permanent residence involves:
- Making a government contribution of €98,000
AND
- Renting a residential property for a minimum annual lease of €10,000 in the south of Malta and Gozo, or €12,000 in any other area of the country
Charity Requirement
With Option 1 or Option 2, a charitable donation of €2,000 is required.
Considerations
Before applying to the Malta Permanent Residence Programme, it’s important to take the following considerations into account:
- Whether purchasing or leasing a property, the minimum hold time is five years
- For both options, applicants can add parents or grandparents for an additional fee of €7,500 each
- All applicants must have Malta health insurance
- Applicants must declare that they are in possession of a minimum of €500,000 in capital assets, of which €150,000 must be shown as available liquid assets
Government Website
To find out more about how to get Malta residency, view the official government website.