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Contact GLI to begin the process of applying for Residency by Investment.

 

 

 

 

Malta's Permanent Residence Programme, MPRP

(Source: Residency Malta Agency, as of January 10, 2022)

ABOUT MALTA

Malta

Safety, Stability, Security, Culture, Education, Hospitality, Hospitalization, & great economy.

Malta is a democratic country with a strong history of government stability.
Its long-term economic, political and social stability is a valuable metric by which one can also measure the country’s quality of life, economic prospects and propensity for investment. It draws further jurisdictional strength as an EU Member State, an integral part of Schengen and the eurozone and a member of the Commonwealth.

Malta ranks as the safest place in Europe and the second safest place in the world. The country’s crime rate is negligible and women can go out alone at night without the fear of harassment. Malta has civil liberties at heart, boasting civil rights for LGBTIQ+ persons and a wider progressive society. As a welcoming nation, foreigners and expats moving to Malta will immediately feel safe, secure and right at home.

Marked by centuries of foreign occupation due to its strategic location, the Maltese archipelago is steeped in history and culture. A string of conquests, most notably those by the Arabs, Sicilians, French, British and the Knights of St. John, have all contributed to the country’s chequered legacy.

Malta’s education system is based on the British model and is very highly regarded. With a choice of state, church and private schools that combine
a focus on high academic achievement with extra-curricular personal development, residents have peace of mind when planning their children’s future.

Malta

Malta enjoys an unhurried pace of life. With 300 days of sunshine a year and surrounded by some of the clearest waters in the world, island life offers an abundance of things to do. For those who like to stay active, Malta offers an array of hiking, diving and watersport activities. Malta’s theatres, museums, heritage sites and music festivals are a treat for culture buffs, while the young can enjoy nightlife and after-work pub drinks all year round.

Maltese residents enjoy excellent quality medical care that ranks highly in the world. Public and private hospitals as well as local clinics offer an excellent service and a network of strategically located government health centres provide care coupled with convenience.

Malta’s strong economic landscape makes it an ideal base from which to do business. The country has consistently punched above its weight in economic growth and frequently makes it to the top ranks of fastest growing industries in the EU. With booming industries like gaming, hospitality, financial services, pharma, maritime and aviation, paired with various incentives from the government, entrepreneurs are encouraged to invest and contribute to the country’s economy.

 

MALTA PERMANENT RESIDENCE PROGRAMME, (MPRP)

Malta

The MPRP is a straightforward residency-by-investment programme based on investments in property and government contributions. With the promise of a 4 to 6-month processing time from the submission of a complete and correct application, the Programme offers much value to clients wishing to make Malta their home away from home.

Benefits & Procedures

  • Enjoy the right to settle, stay and reside permanently in Malta.
  • Visa-free travel across Schengen, 90 out of 180 days.
  • Penetrate Malta’s affordable real estate market.
  • Include up to four generations in an application.
  • A certificate of residency under the Malta Permanent Residence Programme does not entitle beneficiary to any employment licenses. He/she still needs to apply for a work permit through normal procedures.
  • Under the MPRP, a minor is not entitled to free education. However, if the main applicant or spouse acquires a work permit, his/her children would be entitled to free primary and secondary education in state schools.

 

LEGAL FRAMEWORK

Malta

L.N. 121 of 2021 IMMIGRATION ACT (CAP. 217)
Malta Permanent Residence Programme Regulations, 2021
IN EXERCISE of the powers conferred by articles 7A and 36 of the Immigration Act, the Minister responsible for immigration has made regulations.

 

ELIGIBILITY & REQUIREMENT

 

Malta

To be eligible for the MPRP, applicants should:

  • show they have capital assets of not less than €500,000, out of which a minimum of €150,000 must be financial assets. The beneficiary needs to be compliant and annually declare to MALTA government agency that personal assets are still the same during the first five years: €500,000 in assets, out of which a minimum is €150,000 in financial assets,
  • be fit-and-proper individuals and have a clean criminal record,
  • not pose any potential threat to the national security, public policy, public health or public interest.

Malta

To participate in the Programme, applicants must:

  • submit an application via a Licensed Agent,
  • pay a non-refundable administrative fee of €40,000,
  • rent a property for a minimum of €10,000 in the South of Malta/Gozo or €12,000 in the rest of Malta; or
  • purchase a property for a minimum value of €300,000 in the South of Malta/Gozo or €350,000 in the rest of Malta,
  • pay a Government contribution of €28,000 if purchasing a property or €58,000 if leasing a property,
  • pay an additional €7,500 for each additional adult dependant (except for the spouse),
  • hold the qualifying property for a minimum period of 5 years after which a residential address is required,
  • make a donation of €2,000 to a local philanthropic, cultural, scientific, artistic, sport or animal welfare NGO registered with the Commissioner of Voluntary Organisations,
  • be in possession of a valid travel document,
  • take out a sickness insurance policy of cover all risks across Malta,
  • take out a travel insurance when travelling across Schengen.

 

ESTIMATE of FEES for MALTA PERMANENT RESIDENCY PROGRAMME

Malta

The following is a list of fees that will be incurred when obtaining Permanent Residency from Malta. Contact GLI for the current cost for each item below:

Rental Property
Minimum €10,000 +

Government Administration Fees
€40,000 +

Government/Financial Contribution
€60,000 (€58,000 + €2,000) +

Professional/Legal Fees
(The estimate is dependant on the number of family members to be included.)

AKM Licensed Agent
# AKM-BDOS-21

 

IMC Member

Investment Migration Council (IMC) is the leading global association for investment-related migration. As an IMC member, GLI stays up-to-date on the latest trends and developments in this field through continuous education and training courses. We are committed to the highest professional standards and enhancing the respectability of the industry overall.

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