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Malta
Malta residency by investment presents numerous attractive features. It’s characterized by a stable political environment and a minimal risk of financial instability. Additionally, Malta provides a European standard of living in a picturesque Mediterranean locale.
The Malta Permanent Residence Programme is particularly beneficial for individuals and families seeking a foothold in the European Union Schengen Area, offering considerable advantages.
190 visa-free countries
27 Schengen countries
€150,000 minimum requirement
6-8 months processing time
Population: 519,000
Language: English, Maltese
Currency: Euro
Economy: Advanced, finance, tourism
Malta provides access to a transparent and reputable financial centre and hub for international business.
Accessibility to many prestigious universities at lower EU tuition fees
Permanent EU residency in 12 months
The entire family is eligible to apply for residency
Travel within the Schengen Zone without a visa for 90 days per six months
Non-domiciled Maltese residents pay tax only on domestic earnings
You can reside in the country for life
Maltese permanent residents enjoy simplified work permit application processes
Prior or after residency is granted
Make a contribution of €68,000 to the Government of Malta. Additionally, you are required to purchase a property valued at a minimum of €300,000 in the South of Malta or Gozo. In other regions of the country, the minimum property value for purchase increases to €350,000.
Make a contribution of €98,000 to the Government of Malta. In addition, you are required to rent a residential property in Malta, with a yearly lease of at least €10,000 if located in the South of Malta or Gozo. For properties in any other part of the country, the minimum annual lease amount is €12,000, for a rental period of 12 months.
To qualify for the Malta Permanent Residence Programme (MPRP), you must initially demonstrate €500,000 in capital assets, with €150,000 being readily available in liquid assets. Moreover, all dependents over the age of 18 require an affidavit of support for inclusion.
Additionally, to include parents or grandparents, a €7,500 administration fee per dependent is necessary. Furthermore, you must maintain ownership of the property for a minimum of five years and make a charitable donation of €2,000.
Furthermore, it is required to “donate €2,000 to a local philanthropic, cultural, scientific, artistic, sport or animal welfare NGO registered with the Commissioner of Voluntary Organisations.”
Compared to other EU residence permit programmes, this entails a modest capital investment, offering the added benefit of visa-free travel within the Schengen Area.
Onboarding process:
Our process begins with an initial due diligence phase. Once you successfully pass this screening, we will present you with a Client Agreement (CA) for your examination and signature.
Upon receipt of the signed agreement and retainer payment, our legal team will proceed to finalize all required government forms and compile the necessary supporting documents. Additionally, we will coordinate with real estate professionals and the Residency Malta Agency. However, you will be responsible for making the initial contribution of €10,000.
Application review and submission:
Prior to submitting your documents, we conduct a thorough review of your application to ensure it aligns with the requirements of the Residency Malta Agency. Following this, our legal team conducts final checks before proceeding with the submission of the relevant forms.
Simultaneously, the Residency Malta Agency conducts its own due diligence and reviews all submitted paperwork. However, we maintain close collaboration with them to ensure efficient and timely processing of your application.
Application approved in principle:
Upon the favourable evaluation of your application, you will be issued an Approval in Principle Letter by the Residency Malta Agency. This document serves as confirmation that you have satisfied the eligibility requirements for the Malta Permanent Residency Programme (MPRP).
Upon receipt of this letter, you may proceed with the subsequent steps in the process, including the requirement to make the second contribution of €30,000.
Residence card issued:
You will be required to furnish evidence of property ownership or a rental agreement. Additionally, a mandatory charitable donation of €2,000 must be made. Subsequently, you will need to submit documentation of your current health insurance policy to the government.
Upon fulfilment of these prerequisites, the final step involves making the third and ultimate contribution payment. Following this, we can proceed with arranging the issuance of your residency cards.