Insights

Malta Residency and Visa Programme (MRVP)

The Malta Residency and Visa Programmes (MRVP) allows individuals to obtain Malta residency with visa-free access to the Schengen Area. If you are in this section, this means you are looking for a unique strategy to safeguard your future prosperity and security.

If you are a third-country national, then you and your family can permanently relocate to Malta through Malta Permanent Residence Programme that grants you a Maltese residence permit.

Through Malta PR, you and your family get the right to reside, settle and stay indefinitely in Malta. This is accomplished by issuing you with a lifetime Permanent Residence Certificate along with a Malta Residence Card.

Simply, you and your family can take up Malta Permanent Residence through the Malta Residency by Investment Programme.

Given that Malta is a member of the European Union and also the Schengen area, you enjoy unrestricted entry into Malta as well as free movement within the Schengen Area, due to the Schengen agreement. Essentially, you can cross internal borders without checks.

Benefits of Malta Residency by Investment

The Malta Permanent Residency Programme gives the opportunity to Non-European Nationals  and their families to settle in Malta.
 
Living in Malta can have numerous benefits, we thought we’ll make it easier for you and list them down.
 

Business Benefits with Malta PR

  • Base your operations in the European Union’s fastest-growing economy;

  • Opportunity for unlimited access to the European Union, the world’s largest economic zone;

  • Investment options in a stable and booming real estate market;


Family Security through Permanent Residency in Malta

  • Relax in one of the safest countries in the world;

  • Access to leading health care institutions;

  • Secure your children’s future through a world-class education system;

  • Apply for a European Long-Term Residence Permit after 5 years in Malta;

  • Personal security for you and your family, in case of instability in your native country;

  • Affordable real estate options for buying a second home;

  • The eligibility to apply for naturalisation as a Maltese citizen.


Travel Benefits with Malta PR Card

  • Mobility is key. Lifetime travel without border checks across 26 Schengen visa countries.

  • This means no more time-consuming Schengen visa application hassles.

SCHENGEN COUNTRIES

Visa-free entry to Schengen Countries

  
Visa-free entry to Austria
Austria
 
Visa-free entry to Czech Republic
Czech Republic
 
Visa-free entry to Denmark
Denmark
 
Visa-free entry to Estonia
Estonia
 
Visa-free entry to Finland
Finland
 
Visa-free entry to France
France
 
Visa-free entry to Germany
Germany
 
Visa-free entry to Greece
Greece
 
 
Visa-free entry to Hungary
Hungary
 
Visa-free entry to Iceland
Iceland
 
Visa-free entry to Italy
Italy
 
Visa-free entry to Lithuania
Lithuania
 
Visa-free entry to Luxembourg
Luxembourg
 
Visa-free entry to Netherlands
Netherlands
 
Visa-free entry to Norway
Norway
 
Visa-free entry to Poland
Poland
 
Visa-free entry to Portugal
Portugal
 
Visa-free entry to Slovakia
Slovakia
 
Visa-free entry to Slovenia
Slovenia
 
Visa-free entry to Spain
Spain
 
Visa-free entry to Sweden
Sweden
 
Visa-free entry to Switzerland
Switzerland
 
Visa-free entry to Liechtenstein
Liechtenstein
 

Settlement Benefits to Malta PR holders

  • The right to indefinitely reside, settle and stay in Malta;

  • Enjoy a progressive and politically stable country;

  • Live the relaxed Mediterranean life;

  • Enjoy the warm summers and moderate winters;

  • Easily communicate through English as an official language;

  • Affordable yet amazing standard of living;

  • Infinite profitable investment property options;

  • Pollution-free environment.

So by now, we believe that you have a good idea about the benefits that come with Maltese residency. 

Malta Residency and Visa Programme Cost

First things first... You are NOT required to pay the entire amount in one go.

The outlay structure is divided into different sections, namely:
 

  • Contribution to the Government of Malta;

  • Property Purchase or Rental Requirements (Qualifying Property); and

  • Investment Upon Approval (Qualifying Investment).

MALTA PERMANENT RESIDENCY COSTS
Contribution to the Government of Malta

  • You are required to pay a contribution of €30,000;

  • Out of the €30,000 contribution fee, €5,500 is a non-refundable administrative fee which must be paid upon submitting the relevant application to the Authority.

  • The contribution amount of €30,000 at the application stage covers:

    • You;

    • Your spouse; and

    • All the qualifying dependents.

  • A further contribution of €5,000 is applicable for every parent or grandparent (yours or your spouse's).
Qualifying Investment

  • Invest an initial value of €250,000 in debt or equity securities listed on the Official List of the Malta Stock Exchange. It can also be achieved through an investment in collective investment schemes that are licensed and are on the Official List of the Malta Stock Exchange.

  • These are to be held for 5 years from the date of the issuance of the certificate.
Qualifying Property

  • The acquisition of real estate with a minimum value of €320,000 (€270,000 if located in Gozo or the South of Malta) OR

  • Lease of residential immovable property for not less than an annual rent of €12,000 (€10,000 if located in Gozo or the South of Malta).

  • The qualifying property is to be held for a minimum period of 5 years from the date of the issuance of the certificate.
 

Now that you know what the MRVP is and the benefits it entitles you to, along with its cost,

Let us jump to the next big question, am I eligible?

Eligibility Criteria for Malta Permanent Residency

For you to be eligible for the Malta Permanent Residency, you must meet several Malta immigration requirements, namely: 

  • Be at least 18 years of age;

  • Have an annual income of not less than €100,000 arising outside of Malta, or have a global net worth in excess of €500,000;

  • Have a stable and regular income for maintaining yourself and your family;

  • Have medical insurance that covers you and your family globally;

  • Have a certificate of good health from a reputable health system;

  • Not be considered a potential national security risk;

  • Not having a reputational risk; and

  • Not subject to criminal proceedings.

You will be required to pay the amounts at different stages of the application.

 

Eligibility Criteria for MPRP

By now, you know how you can be eligible and how much Malta Permanent Residency will cost you.

Let us move further and discuss the process.

Malta Permanent Residency Application Process (Timeline)

To make it simpler for you, we have created a week wise flowchart to explain the Malta residency application process (Expand below to learn more).

WEEK 1

a) Monetary Requirements

  • You are required to deposit against professional fees.

b) Professional Due Diligence

  • Initial background check followed by compliance approval.

  • The signing of the letter of engagement.

WEEK 8

a) Monetary Requirements

  • You are required to pay the Government Due Diligence Fees & Bank Charges together with the balance of professional fees.

b) Government Due Diligence

  • Submission of Complete MRVP application Pack to MRVA.

  • Commencement of due diligence by MRVA.

c) Professional Fees

  • Conclusion of Professional due diligence.

WEEK 34

a) Government Due Diligence

  • Independent investigative due diligence.

  • Clarification questions by MRVA.

  • Notification of the outcome by MRVA.

WEEK 37 

a) Monetary Requirements

If approved - payment of the remaining contribution:

  • Qualifying Investment: €250,000 (See FAQ Below).

  • Qualifying Property (See FAQ Below).

  • Qualifying Health Insurance (See FAQ Below).

WEEK 40

a) Government Due Diligence

  • Here yours and your families physical presence is required for Biometrics.

  • Issuing of Lifetime Residency Certificate.

  • Issuing of Residency Card.

Frequently Asked Questions (FAQs) about Malta Permanent Residency

Below we have listed some frequently asked questions (FAQs);

Q1 What is Malta Permanent Residency (and how can it be obtained)? 

Answer: It is a scheme designed to attract all individuals and their families to take up permanent resident status in Malta. If you are a non-EU national and have been legally residing in Malta for five consecutive years (with some allowable absence) you can be eligible to apply for Long-Term Residency status. This scheme is also known as Long-Term Residency scheme.

Q2 What does Qualifying Property mean?

Answer: Under the MRVP a qualifying property means the acquisition of real estate with a minimum value of €320,000 (€270,000 if located in Gozo or the South of Malta) to be held for at least 5 years; or the lease of residential immovable property in Malta for a period of 5 years, at an annual rent of at least € 12,000. (€10,000 if located in Gozo or the South of Malta). 

Q3 What does Qualifying Investment mean? 

Answer: This means €250,000 value in debt or equity securities listed on the Official List of the Malta Stock Exchange. Investment in these securities may also be achieved through an investment in collective investment schemes that are licensed and are on the Official List of the Malta Stock Exchange.

Such investment is to be retained for a period of 5 years following the granting of the residency certificate.

Q4 What is the requirement for Health Insurance? 

Answer: Evidence of possession of Health Insurance in respect of all risk (for a cover of at least €30,000) across the whole of the European Union for the applicant and all his/her dependents.

Such an insurance policy is to be retained indefinitely.

 
Malta PR Program

Conclusion

In conclusion, Malta’s jurisdiction is an attractive option if you are looking for opportunities to relocate. Fundamentally, if you are thinking of becoming a Resident of Malta, some of the many factors that rank Malta amongst the top ones are:

  • Steady economic growth;

  • Political stability;

  • Its geographical location;

  • Booming sectors including financial services, maritime, aviation, gaming and real estate;

  • One of the world’s safest countries.

Many residents are attracted to this island state every year. They may be freelance professionals who can work remotely or retirees from countries like Northern Europe or the UK. Everyone who decides to become a resident of Malta is attracted to its natural beauty and architecture; relaxed lifestyle; the affordable cost of living along; and its rich historical culture.

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