Malta Permanent Residence Program (MPRP) is the scheme through which foreigners can get this status: permanent residency. There are specific requirements to consider that you can explore in the following lines, and you can also be guided by our Maltese immigration lawyers.
| Quick Facts | |
|---|---|
| Nationalities accepted (EU/Non-EU) | Yes, both accepted |
Business investment option | Yes |
Real estate investment option | Yes |
| Other investment options (if available) | – starting a business, – contributions to Maltese economy |
| Residence or direct citizenship option | Permanent residence program based on property purchase of EUR 350,000 |
| Direct immigration with family members | Yes |
| Family members allowed to join the program | – spouse, – children, – parents, – grandparents |
| Timeframe for obtaining citizenship/residency by investment | Citizenship after 1 year of residence for investments of EUR 750,000 and EUR 50,000/family member |
| Dual citizenship permitted | Yes |
| Reasons to choose Malta | – solid international financial center, – great business conditions, – appealing tax regime |
| Visa free travel to other countries (approx. number of countries) |
More than 180 |
Table of Contents
Who is eligible for this residency program in Malta?
Non-EU/EEA and Swiss citizens.
What are the financial requirements to enter the program?
- First option – EUR 500,000 as total assets, with at least EUR 150,000 as liquid financial assets,
- Second option – EUR 650,000 as total assets, with at least EUR 75,000 as liquid financial assets.
NOTE: Stocks, bank deposits, and bonds are accepted as financial assets to access the program.
What is the administrative fee to access MPRP?
EUR 60,000 (EUR 15,000 upfront, EUR 45,000 after approval).
You can also explore the following infographic on this subject:
Is a government fee imposed?
Yes, EUR 37,000.
Are donations imposed to enter the program?
Yes, at least EUR 2,000 for a local NGO.
Is a real estate investment program available to get residency in Malta?
Yes, as follows:
- renting a property for at least EUR 14,000/year in Malta or Gozo,
- buying a property for at least EUR 375,000 and holding it for at least 5 years.
Where do I apply for the Malta Permanent Residency Program?
The process is done with the Residency Malta Agency.
IMPORTANT! The application is done through an Accredited Licensed Agent! Here is a video presentation with extra details, mentioning that our experts can help you move to Malta:
Is a power of attorney in Malta required for the application process?
Yes, for the authorized agent in Malta.
Can family members join the residency program?
Yes.
Do I need a health insurance policy to live in Malta?
Yes, foreign citizens who join the Malta Residence and Visa Program will have to prove they have a private health insurance policy with coverage of at least EUR 30,000 that also will apply to their family members.
What is the time frame to get permanent residency in Malta through investments?
Around 6-8 months.
What are the benefits of the Malta Permanent Residence Program?
- the initial investments are made only for the first 5 years.
- the family members are directly included in the program.
- the right to reside in Malta is granted for an indefinite time.
- a residence permit in Malta is issued relatively quickly by the authorities, who will, first of all, verify all the documents.
If you would like to know more about the Malta Residency by Investment program and about Malta citizenship, you are invited to talk to one of our immigration lawyers in Malta. Please contact us for complete legal assistance and representation throughout the entire relocation process to Malta. Our lawyers can also help youobtain a golden visa in Croatia and get residency if you open a company in this country.