Given the myriad of benefits this residency programme has to offer, the Malta Permanent Residence Programme is an attractive programme for non-EU/EEA individuals who wish to acquire permanent Maltese residency by investing in Malta. Holders of the residency card have the option to reside indefinitely in Malta and the right to travel within the Schengen Area for 90 out of 180 days. Check the eligibility requirements below, to see if you can start benefiting from this programme
Who is eligible to apply for the Malta Permanent Residence Programme (MPRP)?
To be eligible for the Malta Permanent Residence Programme, the main applicant needs to fulfil the following requirements:
- Be a third country national (Non-EU/EEA/Swiss)
- Be at least 18 years of age and have valid travel documents
- Be in good health & be covered by a health insurance policy covering all risks in Malta
- Have a clean criminal record
- Provide evidence that the applicant is in possession of at least €500,000 in capital, out of which a minimum of €150,000 should be in financial assets.
1- MPRP Government Contribution that includes all the family
To qualify for Maltese Residency by Investment, the main applicant is required to pay a contribution to the Maltese Government of €98,000 when opting to rent a property or €68,000 when opting to purchase a property. This is to be paid in two stages: €10,000 on submission of the application and the remaining fees on approval of the application. This contribution covers the main applicant, as well as the spouse and the children (both minor and adult-dependant ones) of the main applicant and/or the spouse.
An additional €7,500 application fee is to be paid per each parent/grandparent, of the main applicant or the spouse, included in the application.
2- Investment Property
Applicants are required to make an investment in property of at least €350,000 (Malta) or €300,000 (Gozo/South of Malta) or enter a property rental contract for at least €12,000 (Malta) or €10,000 (Gozo/South of Malta) annually. These are to be held for a minimum of five years, after which a residential address is required.
3- Philantropic Contribution
Applicants are also required to donate at least €2,000 to a local registered philanthropic, cultural sport, scientific, animal welfare or artistic NGO registered with the Commissioner for Voluntary Organisations or as otherwise approved by the Residency Malta Agency.
|Property Purchase Option||Property Rental Option|
|Government Admin Fee & Contribution||€68,000||€98,000|
|Property Rental||–||€10,000 per year (Gozo/South of Malta)
€12,000 per year (rest of Malta
|Property Purchase||€300,000 (Gozo/South of Malta)
€350,000 (rest of Malta)
|Total:||€70,000 + Property||€100,000 + Rental|
Family applications are allowed by the Malta Permanent Residence Programme. The applicant can include the following family members in one application:
- spouses or unmarried long term partners;
- economically dependent unmarried children with no age limit, as well as
- economically dependent parents and grandparents on either side.
Fit and Proper Test
Residency Malta Agency is committed to the highest standard of due diligence to ensure only deserving and reputable applicants are allowed to proceed for the grant of Maltese residency. Applicants must demonstrate a clean criminal record, verified with Europol, INTERPOL and other authorities.
Get in touch with our team of lawyers specialised in the Malta Permanent Residence Programme (MPRP). ACC Immigration holds licence number AKM-ACCA-22