Migration Point

Malta Residency Visa Program (MRVP)

Advantages

  • The Malta Residency Visa Program permit allows the right to reside, settle and stay indefinitely in Malta
  • Malta is a European Union member country
  • Rich in history and culture
  • Free movement within Schengen countries
  • Ability to stay 90 days in every 180 days in any Schengen country
  • Can include Spouse, minor children and children over 18 years old if they are unmarried and dependent
  • Dependent parents of the investor and spouse can be included
  • Dependent grandparents of the investor and spouse can be included
  • Multicultural society with a great quality of life
  • An excellent climate
  • Stable and safe with a very low crime rate
  • A low-cost and tax-efficient jurisdiction
  • Can establish a business in Malta
  • Eligible to apply for a work permit

Requirements

  • Aged 18 years or older
  • Be in excellent health
  • Must have:
    • Income of at least €100,000 per year; or
    • Capital of at least €500,000
  • Must have sufficient income and resources to support themselves and all dependents
  • No criminal record
  • Requires purchase of government bonds held for 5 years, plus contribution to state fund and purchase or rental of property
  • Health insurance coverage of at least €30,000 for each person

Investment

The applicant must invest in 3 areas

  • An investment of €250,000 in Maltese Government Bonds (refundable after 5 years), or make a one-off payment of €80,000
  • A non-refundable contribution of at least €30,000 to the State Fund of Malta, plus €5,000 for each parent/grandparent
  • A property investment in one of the following:
    • investment of at least €320,000 (or €270,000 in the south of Malta or in Gozo) in a real estate property which must be held for at least 5 years; or
    • leasing a property with a minimum annual rental of at least €12,000 (or €10,000 in the south of Malta or in Gozo) for at least 5 years

Process

Application processing and submission can be completed within 1 month, plus payment of initial €5,500 directly from clients account to Maltese Government

  • Approval granted within 2 months
  • Complete investment and property purchase/rental
  • Visit Malta for Biometric submission
  • Bond redemption after 5 years (not applicable to one-off payment of €80,000)

Citizenship

Applicants are eligible to apply for citizenship after 5 years if they meet all of the following criteria:

  • They have resided in Malta for the previous 12 months
  • They have resided in Malta for at least 4 years out of the 6 years preceding the previous 12 months
  • They have no criminal record
  • Have adequate knowledge of Maltese or English
  • They would be a suitable citizen of Malta

Costs of Malta Permanent Residency

An investment is required to meet the Permanent Residency Program’s requirements

  1. Purchasing or renting property and
    a) Investing in government bonds; or
    b) Finance option

1) Real Estate

Buy a property in Malta to be held for at least 5 years, or rent for 5 years with a minimum required rent.

Minimum amount EUR 320,000
Minimum amount EUR 270,000*

*for properties in Gozo – the south of Malta

Minimum rent per annum EUR 12,000
Minimum rent per annum EUR 10,000*

*for properties in Gozo – the south of Malta

a) Investment

Make an investment in Government Bonds to be held for at least 5 years.

Minimum amount EUR 150,000
Make a non-refundable contribution to the Government of Malta.

Donation EUR 30,000

b) Financing option

A financing option is also available, you’re required to make a minimum investment.

Minimum amount EUR 70,000
Make a non-refundable contribution to the Government of Malta.

Donation EUR 30,000

Steps of Malta Residency

Step 1
Our professional team will pre-screen your passport copy for Government pre-approval to ensure fast processing.

Step 2
A down payment of the professional fees will be required to open your application.

Step 3
We will provide assistance and advise with regards to the collection of the documents required in the checklist and complete the government forms.

Step 4
We will guide you to the Maltese property that fully satisfies your requirements and starts preparing property purchase or rent documentation required to be presented for Residency application.

Step 5
The application and the supporting documents are submitted and some of them will be subject to due diligence checks. You’re required to pay EUR 5,500 to cover the costs (this amount is included in the one-time administrative fees)

Step 6
The due diligence will be performed by the Maltese government and on completion, a decision will be made to either grant permanent residency, decline or request further documentation from the applicant before making a decision

Step 7
An approval in a principal letter will be issued by the government if successful.

Step 8
You’re required to pay the remaining part of the administrative fee. Additionally, you will need to invest in bonds as well as purchase or rent property in Malta. We will prepare property rent or purchase documents to complete on the purchase.

Step 9
A trip to Malta is required in order to submit your biometric data. Malta’s permanent residence cards are granted for five years with the possibility of extension.

Step 10
You will be able to sell the bonds in five years. You will no longer be obliged to cover the maintenance costs for your property after five years and if necessary you will be able to terminate your rental contract or sell your Maltese property.