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There’s a lot to love about Malta Residency by Investment. Boasting a stable political climate and a low risk of financial instability, Malta also offers a European standard of living within a beautiful Mediterranean setting.
Read MoreThe Malta Permanent Residence Programme offers great advantages if you’re looking for a base in the European Union Schengen area for you and your family.
To qualify for the Malta Permanent Residence Programme (MPRP) , you must fulfil ONE of the following qualifying investments AND meet other requirements:
Contribute €68,000 to the Government of Malta. You must also buy a property worth at least €300,000 in the Malta Permanent Residence Programme areas of South of Malta and Gozo. However, this increases to €350,000 in any other part of the country.
Contribute €98,000 to the Government of Malta. You must also rent a Maltese residential property with an annual lease of at least €10,000 in the South of Malta and Gozo. However, this figure rises to €12,000 if you rent for 12 months in any other part of the country.
To be eligible for the Malta Permanent Residence Programme (MPRP), you must, firstly, prove you have €500,000 in financial assets, of which €150,000 must be available liquid assets. In addition, all dependents over 18 need an affidavit of support for inclusion.
However, to add parents or grandparents, you will need to pay a €7,500 administration fee for each dependent. You must also keep the property for at least 5 years and make a charitable donation of €2,000 as well.
You must also “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.”
This is a low capital outlay compared to other EU residence permit programmes and you can enjoy visa-free travel throughout the Schengen area.
The RIF Trust team has global experts in over 20 countries. We can advise in 14 languages. Let us help you find the perfect investment migration solution.
The RIF Trust team has global experts in over 20 countries. We can advise in 14 languages. Let us help you find the perfect investment migration solution.
We commence our process, appropriately enough, with Form 1. This enables us to carry out the initial Latitude due diligence. We will then provide you with a Client Agreement (CA). Before we proceed, you will need to review and sign this.
Upon receiving the signed agreement and retainer payment, our case processing team will next complete all necessary government forms. They will also collate the supporting documents. We will also liaise with the real estate professionals and Residency Malta Agency. You will, however, need to make the first contribution of €10,000.
Before submitting your documents, we scrutinize your application to ensure your file complies with Residency Malta Agency's requirements.
Meanwhile, Residency Malta Agency will undertake its own due diligence and reviews all the paperwork. However, we will continue to work closely with them throughout the process.
You will receive an Approval in Principle Letter from the Residency Malta Agency, which confirms that you have met the eligibility criteria for the Malta Permanent Residency Programme (MPRP).
This letter will allow you to continue with the next steps in the process, such as making the necessary second contribution of €30,000.
You'll need to provide proof of property ownership or a rental agreement. In addition, you must make a mandatory charitable donation of €2,000. Then you'll need to provide the government with your current health insurance policy documentation.
Once these requirements are met, you must make the third and final contribution payment before we can arrange for the issuing of your residency cards.
If you’re a third-country national (TCN), excluding EU, EEA, and Switzerland citizens, you’re eligible to apply for the Malta Permanent Residence Programme aka the Malta Golden Visa.
As well as you, this Residency by Investment allows you to add your spouse.
In addition, you can include children under 18 and children over 18 (as long as they are unmarried and non-economically active) as dependents as well.
You can also add parents and grandparents that are primarily dependent on you for an additional cost of €7,500 each.
You can make a financial contribution of €2,000 to a local registered philanthropic, cultural, sport, scientific, animal welfare or artistic NGO. By registered, this means by the Commissioner for Voluntary Organisations, or as otherwise approved by the Agency.
No. If you are applying for Malta residency, you must own or lease a property. Then you need to submit the relevant documentation within 8 months from the date of issue of the Letter of Approval in Principle.
However, if a property has been leased or purchased prior to the application submission, it may still be accepted. But it needs to fall in line with relevant requirements.
Our team specializes in guiding clients throughthe Malta Permanent Residence Programme.