The residence permit in Malta can be obtained by foreign citizens who make specific investments in the country, with respect to the Malta Residence and Visa Programme (MRPV). If you are interested in obtaining permanent residence in Malta, you can give us a call and talk to our immigration lawyers in Malta who can guide you throughout the entire process. You can also benefit from support for obtaining a visa for Malta or for relocation to Malta.
How do I obtain the residence permit in Malta?
The Immigration Act, part of the Civil Code, and particularly the L.N 288-2015 mentions all the conditions for obtaining a residence permit as a high net worth individual in Malta. The residence permit is valid for 5 years, having the possibility of renewing it before the expiry date. There are three simple ways through which a non-EU/EEA citizen can obtain the Maltese residence permit, such as:
- Making investments in the real estate sector by purchasing a property worth around EUR 250,000.
- Renting a property for at least one year and a fee of approximately EUR 16,000/year.
- Investing around EUR 250,000 in government bonds in Malta.
These are the main conditions for non-EU/EEA citizens who want to relocate to Malta and obtain permanent residence. As for citizens from EU and EEA countries, the rules have been simplified. If you would like to know more about the rules for obtaining permanent residence in Malta, we recommend you ask for legal advice from our Maltese immigration lawyers. Here is a video presentation on this topic:
Residence permits for EU and EEA citizens
EU and EEA citizens wanting to work and live in Malta will have to apply for the Ordinary Residence permit within 4 weeks prior to the arrival. Renting or purchasing a property in Malta in time will represent quite an advantage when the residence permit application is commenced. Here are some conditions for obtaining long-term residence in Malta:
- EU citizens must pay a fee of approximately EUR 125 for the permanent residence permit in Malta.
- Foreigners will have to take courses on Malta’s history. Also, they need to prove their English language skills.
- The permanent residence application must be made with the authorities in charge of registration of citizens in Malta.
- Specific documents need to be translated into English before submission.
Hiring us for taking care of all the aspects related to the permanent residence permit in Malta is for sure a good choice and that because you won’t have to deal with the institutions involved. Our team of lawyers in Malta has experience in immigration services and related aspects, so you can direct your inquiries at any time.
Other Malta permanent residence requirements
Obtaining permanent residence in Malta is not a complex process if all the conditions are respected. Our Maltese immigration lawyers can give in-depth information and guidance on this topic, mentioning that the following requirements need to be respected at the time an application for permanent residence in Malta is made:
- A candidate must not live outside Malta for more than 6 months during one year. However, business travels, work-related aspects, and medical treatments that prolong for more than 6 months can be accepted if documents are presented.
- The main requirement for obtaining permanent residence in Malta is to live in the country for at least 5 years.
Showing details about the incomes generated in Malta is mandatory.
- A health insurance is required for candidates and family members.
- The Maltese Housing Authority will make verifications for the accommodation in Malta permanent residence applicants.
- Proof about community integration in Malta is required for permanent residence applications.
- Information about the English knowledge and courses about the history of Malta are also solicited.
The formalities for Malta permanent residence applications can be overseen by one of our specialists as soon as you get in touch with us. We have experience in the immigration field and we can guide foreigners throughout the entire procedure.
Advantages of permanent residence in Malta
A tourist visa can easily transform into a temporary or permanent residence status, depending on the activities you want to develop in Malta. This means that a simple tourist visa for Malta will no longer be available if you relocate to Malta, the next step involving an application for a permanent residence permit in Malta. Also, there is no need to worry about the condition of staying in Malta for at least 6 months per year, in order to avoid losing the residence permit. It is good to know that having a permanent residence permit for Malta will ease the path for applying for Malta citizenship. All the aspects of applying and obtaining permanent residence in Malta can be explained by one of our immigration lawyers in Malta.
Why relocate to Malta?
Malta is a small insular state found in the Southern part of Europe, with approximately 450,000 citizens and home to numerous foreign companies and different investors. The stable economy, the good quality of life, the appealing business climate, well-developed education, and medical systems are also great advantages for people looking for good standards of living. The tourism sector, agriculture, the manufacturing sector, plus the trading field sustain the Maltese economy in a large percent, allowing foreign investors to develop their operations in this country and enjoy the profits. Here are some facts and figures about the economy and business direction of Malta:
- around USD 207,000 million represented the total FDI stock for Malta in 2018;
- 97% of the total FDI registered in Malta in 2018 was directed to the financial and services sector;
- the 2020 Doing Business report ranks Malta 88th out of 190 economies in the world;
- there are more than 31,000 companies with foreign shareholders in Malta.
FAQ about Malta permanent residence
1. What is MRVP and how can I apply?
MRVP stands for Malta Residence and Visa Programme that addresses foreign citizens who want to gain permanent residence in this country. Complete guidance and detailed information about this important programme implemented by the Maltese authorities can be offered on request by one of our immigration lawyers in Malta.
2. Who can apply for a permanent residence permit in Malta?
Both EU/EEA and non-EU/EEA citizens can apply for a permanent residence permit in Malta, with the mention that specific requirements apply for the later ones. Legal guidance and information are offered from the start.
3. When is a permanent residence permit obtained in Malta?
Malta permanent residence can be obtained after living at least 5 years in Malta, according to the Maltese Immigration Act.
4. Are there any specific investments to be made by non-EU/EEA nationals in Malta?
Obtaining Malta permanent residence implies investments of around EUR 250,000 in Maltese properties. Renting a house in Malta is also a solution, for a sum of at least EUR 16,000/year.
5. Is a health insurance necessary for Malta permanent residence application?
Yes, a health insurance covering expenses of a minimum of EUR 30,000/year is required. This is an important part of the residence application in Malta, mentioning that specific fees are imposed on family members.
6. Can an applicant rent a property first and then buy one in Malta to enter the MRVP?
Yes, this is another option tailored to the specific needs of foreigners who want to relocate to Malta. Please talk to our Maltese immigration lawyers and see how you can be helped.
7. Does the MRVP applicant need to provide details about the source of funds?
Of course! Besides offering complete information about the source of investments to join MRVP, the Maltese authorities have the right to make specific verifications and even ask for a criminal record. You can be helped in this direction by our immigration specialists in Malta.
8. What happens if a foreign citizen lives outside Malta for more than 6 months in a year although he/she wants to apply for permanent residence in this country?
The authorities clearly specify that joining MRVP is subject to important conditions related to the minimum period of leaving Malta. One must not stay outside the country for more than 6 months/year. However, the authorities can accept special cases if this period is exceeded.
9. Can family members join Malta’s permanent residence programme?
Yes, the candidate can also apply on behalf of family members, considering that specific fees are imposed. Your permanent residence for Malta can be entirely overseen by one of our Maltese immigration lawyers with experience in this field.
10. Can I freely travel within the Schengen countries?
Yes, this is an important benefit offered to citizens who obtain Malta permanent residence. Malta is part of the Schengen Area and among the few countries that offer a powerful passport with varied advantages.
If you are interested in obtaining permanent residence in Malta or if you would like to relocate to Malta, feel free to contact our experts. Legal advice and support can be offered by our immigration lawyers in Malta. We are at your disposal if you are interested in Malta citizenship by investment.