Malta Permanent Residency Programme

By virtue of Legal Notice 121 of 2021, the Malta Permanent Residency Programme (MPRP) entitles affluent third country international investors to reside, settle or stay indefinitely in Malta and enjoy visa-free travel within the Schengen Zone for 90 days out of 180. The MPRP also extends to family members of both the main investor and their spouse. As such, children, parents and grandparents who are financially dependant may also be included. Malta, a member state of the European Union, is rich in history and culture. It is a politically stable and secure country enjoying a sunny Mediterranean climate with English being an official language, making the MPRP a highly attractive residency by investment option. 

Benefits

Investment Value

The qualifying investment under the Malta Permanent Residency Programme falls under four categories:-  pay a government administration fee, property purchase or rental, make a monetary contribution to the government, and make a donation to a local charitable organisation. All investors will need to pay a non-refundable administrative fee of €40,000. The monetary contribution is dependent upon which type of property investment is made. Investors choosing to purchase property for a minimum value of €300,000 will be required to make a total contribution of €28,000, whilst investors opting to rent property for a minimum of €10,000 per annum, will be required to make a total contribution of €58,000. This amount includes the investor’s spouse, minor and adult children. A further €7,500 contribution is required for each parent or grandparent of the investor or spouse. The qualifying investment property must be held for a period of five years after which a residential address is required. Investors must also make a €2,000 minimum donation to a registered charity. Furthermore, the investor must be in possession of assets having a value of not less than €500,000 of which €150,000 must be in the form of financial assets.  

Procedure & Timeline

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1-2 MONTHS

  1. Main Applicant in good standing
  2. File preparation and submission

4-6 MONTHS

  1. Application is reviewed by the local authorities
  2. Payment of €10,000 Government Administration Fee upon submission

In principle Approval issued

UP TO 2 MONTHS

Settle remaining Government Administration Fee of €30,000

2-3 MONTHS*

  1. Settle Applicable Government Contribution
  2. Purchase (€300,000 minimum) or Rent (€10,000 minimum per annum) qualifying property for 5 years
  3. Charitable Donation
  4. Purchase health insurance 

*Applicants have up to 8 months to complete

Letter of final approval and certificate of residence are issued

2-4 WEEKS

Residency cards are issued

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