Malta Permanent Residence
Licensed Agent number AKM-MILLO-22
Welcome To Malta
Malta is located at the center of the Mediterranean; it is considered an island paradise with a warm climate, 300 days of sunshine per year, stunning beaches and historical sites. Famous for its 7,000 years history, three UNESCO world heritage sites and cosmopolitan Mediterranean lifestyle. A booming economy with high GDP and record low unemployment,
recognized for its pro-business attitude, modest costs of doing business and low taxation. Malta is home of many international firms and well growth minded entrepreneurs, it is Business hub for banking, Fintech and the iGamming industry.
Malta Permanent Residence Programme (MPRP)
Legal Basis: Legal Notice 121 of 2021
MPRP confers you the right to reside indefinitely in Malta, together with your four generational registered dependants.
Holding a Maltese residence card provides visa free access to the Schengen zone for 90 out of 180 days.
Investment
EUR 165.000
Processing Time
4 to 6 months
Residence requirements
None
Tax Consequences
None
Benefits of the Malta Permanent Residence Programme
A residence certificate with indefinite validity for you, as the Main Applicant, and your four-generations of family members.
The Maltese residence card will be valid for a period of 5 years from the date of issue, renewable for
further periods of five years.
Risk-Free
You must first be approved before being allowed to invest.
Approval process
Approval process is from 4 to 6 months.
No residency requirement
You do not need to reside in Malta, there is no residency requirement, nor minimum stays in the country
Visa -free
You will be able to travel Visa- free to the Schengen zone
No interviews
You will not need to prove any proficiency in English language, there is no language requirement, and there are no interviews required.
Qualifications of Main Applicant
- Adult, at least 18 years of age.
- Police clearance certificate.
- Assets of at least €500.000 of which €150,000 should be financial assets.
Investment Requirements
Administration
fee
Non- refundable administration fee of €40,000,
of which€10,000 is due within one month from
the submission of the application, and the
remaining €30,000 within 2 months from the
Letter of Approval.
Choose a Property Investment
Rent a property for a minimum of €10,000 per
year in the south of Malta or Gozo, or for a
minimum of €12,000 per year elsewhere in
Malta.
Direct Contribution to the Government
If you choose to rent a property, the
contribution amount is €58,000.
If you choose to purchase a property, the
contribution is €28,000.
Donation
Donation to a local NGO: €2,000
Family
For the same investment, the programme covers four generations
of your family members:
- Spouse or permanent partner
- Children
- Adult Children: there is no age limitation to include an unmarried and financially dependent adult child.
- Parents and grandparents of the main applicant
- Parent and grandparents of the spouse or permanent partner