MALTA PERMANENT RESIDENCE PROGRAM

Building on the success of the Malta Residence Visa Program (MRVP), the Malta Permanent Residence Program (MPRP) offers a premier pathway to permanent residence, ensuring unfettered access to Malta as well as visa-free movement within the Schengen Zone..

MPRP | Residence By Investment In Malta

To acquire permanent residence in Malta through the Malta Permanent Residence Program (MPRP), applicants must meet the following criteria.

  • Criteria

    • Main applicant must be over 18 years of age, with a clean personal conduct, and no criminal record
    • Main applicant must evidence assets of EUR 500,000 of which EUR 150,000 must be financial assets
    • Health insurance is required for all applicants

  • Dependents

    • Spouse / De-facto Partner;
    • Unmarried children of the main applicant or spouse, up to age 28
    • Parents of the main applicant or spouse
    • Grandparents of the main applicant or spouse

  • Non-Eligibility

    Nationals of Afghanistan, Belarus, Democratic Republic of Congo, Iran, North Korea, Russia, Somalia, South Sudan, Sudan, Switzerland, Syria, Yemen, Venezuela and nationals of any EU or EEA country, are not elgibile to apply.

    This list is revised periodically by Reisdency Malta Agency.

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PERMANENT RESIDENCE IN MALTA | Investment Criteria

The Malta Permanent Residence Program offers two routes towards permanent residence.

  • Residential Property Lease

    • EUR 40,000 Government Administration Fees
    • EUR 58,000 Government Contribution
    • EUR 2,000 Donation to a local NGO
    • EUR 10,000 Minimum Annual Lease Value (5 years holding period)

  • Residential Property Purchase

    • EUR 40,000 Government Administration Fees
    • EUR 28,000 Government Contribution
    • EUR 2,000 Donation to a local NGO
    • EUR 300,000 Minimum Property Value (5 year holding period)

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MALTA PERMANENT RESIDENCE | The Process

From enquiry to completion the process takes approximately 5-6 months.

Malta MPRP

• Grant authorisation to be represented
• Provide details for preparation of statutory forms, supported by documentation
• Application is submitted to the agency for review
• Agency issues outcome through an official notification
• Fulfill investment criteria
• Travel to Malta for registration of biometric data
• Agency issues residency card, valid for 5 years
• Undertake an annual compliance review

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FREQUENTLY ASKED QUESTIONS

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What are some of the benefits of having permanent residence in Malta?

The Malta Permanent Residence Program (MPRP) offers a range of benefits, including affordable access to the Schengen Area, a low-cost lifestyle, easy travel to most major European cities, favorable taxation, and excellent services. The fact that Malta enjoys some of the best weather in Europe is also an attractive aspect.

Does the MPRP lead to citizenship?

Yes, after continuously residing in Malta for a minimum of 5 years, a beneficiary of the MPRP can apply for Maltese citizenship by naturalisation. The Minister has the discretion to grant or refuse the application based on internal policies, and meeting the eligibility criteria does not guarantee automatic citizenship.

How long does the process for getting permanent residence in Malta through the MPRP, take?

The processing time for a Malta Permanent Residence visa is typically between 4 to 7 months. This includes a 4-week application preparation time, a 4-month residency application submission and processing time, and a 3-month compliance period to fulfill all requirements after the initial approval.

Who can apply for the MPRP?

The Malta Permanent Residence Program is open to non-EU, non-EEA, and non-Swiss nationals. Applicants from, or who have close ties with countries currently under sanctions, such as Afghanistan, North Korea, Iran, Democratic Republic of Congo, Somalia, South Sudan, Sudan, Syria, Yemen, and Venezuela, are not eligible.

The program is also not available to individuals from the Russian Federation and the Republic of Belarus.

Please note that the list of ineligible countries is subject to change at the discretion of Residency Malta Agency.

Can parents or grandparents of the main applicant apply for the MPRP as dependants?

Yes, parents or grandparents of the main applicant or spouse can apply as dependants if they can prove they are primarily dependent on the main applicant. The main applicant must provide an affidavit confirming support, and proof of the relationship must be provided. An additional fee of €7,500 per parent and grandparent applies. There is no age threshold for parents or grandparents.

What evidence is needed to show that an adult dependant is primarily dependent on the main applicant when applying for The MPRP?

The main applicant must declare in an affidavit that the adult dependant is primarily dependent on them. It is advisable to submit any supporting documents that can verify this statement with the application, along with the affidavit.

Do I lose my investment if the application is not accepted?

No. The majority of the investment is only made after the application is approved, however, the non-refundable deposit may be lost in the event that the application is no accepted.

Is it necessary to own or lease property in Malta at the time of application for the Malta Permanent Residence Program?

No, it is not mandatory to own or lease property in Malta at the time of application. The applicant must submit relevant property documentation within 8 months from the date of issue of the Letter of Approval in Principle. However, a property that has been leased or purchased before the application submission and meets the qualifying property rules found in S.L. 217.26 is still acceptable.

Can the beneficiary change their qualifying property during the first 5 years of the Malta Permanent Residence Program?

Yes, the beneficiary can sell or stop leasing the qualifying property and buy or lease a new property during the first 5 years, as long as they continuously meet the program's property requirements. However, they cannot switch from owning to leasing a property during this period, and there should be no gaps between the end date of the previous property and the start date of the new one. The beneficiary must provide documents for the new property to the Agency, such as a copy of the purchase or lease agreement, and a rental declaration form and receipt if it is a leased property.

What is the total cost of getting permanent residence in Malta through the MPRP?

Malta's Permanent Residency Program (MPRP) is widely considered to be the most affordable residence by investment program in Europe. The total cost for a family of four, including government contributions, administration fees, property lease, and annual compliance reports for five years is around EUR 155,000, excluding professional fees.

Is it better to buy or lease a property in Malta for the Malta Permanent Residence Program?

The minimum property purchase value for the program is EUR 300,000, which reduces the government contribution from EUR 98,000 to EUR 68,000. Purchasing property in Malta can also offer a valuable asset that can be leveraged for a return on investment. In contrast, leasing a property has a minimum cost of EUR 50,000 for the first 5 years, after which the beneficiary is free to rent any residential property without any minimum lease value requirement. Purchasing property may require a larger investment upfront, whilst leasing may offer more flexibility in the short term.

Malta's real estate market offers a wide range of properties, from historic palazzos to modern seafront apartments, making it an attractive destination for foreign investors seeking diverse and unique investment opportunities therefore, the decision to buy or lease a property will depend on individual circumstances and preferences.