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Malta launched its Malta Residence and Visa Program (MRVP) in 2015 under the Immigration Act (Cap. 217), and governed by the Malta Residence and Visa Program Regulations of the same year. Successful applicants are granted a Maltese Residence Permit that affords them the right of residence, settlement and indefinite stay in Malta. They will also enjoy visa-free travel within member countries in the Schengen Area.

 

As a member state of the European Union (EU), Malta is a democracy offering political stability and neutrality underpinned by an effective legal system and robust institutions. The Program requires applicants to invest in property and make a financial and social contribution to the Maltese community.

 

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The main applicant must be a third-country national (that is, not a Maltese, Swiss or EEA national), be 18 years or older, and supply an affidavit declaring that either their annual income exceeds EUR 100 000 or, alternatively, that they possess a capital sum exceeding EUR 500 000. Applicants must also have a clean criminal record, be in good health, and provide proof of required medical insurance.

 

Applications may be extended to children younger than 18 years as well as children aged 18–26 years if they are economically inactive, unmarried, and principally dependent on the main applicant. Applicants are required to produce an affidavit of financial support for all dependents aged 18 years and older.

Benefits of Maltese Residence
Investment Options
  • Enjoy residence in a respected, neutral and stable member state of the EU

 

  • Enjoy visa-free travel to countries falling within the Schengen Area

 

  • Social/legal security

 

  • No requirement of physical presence

 

  • Your wealth is invested, not donated

 

  • Minimum documentation required

 

  • Uncomplicated application process

 

  • You may include your family members as stipulated

 

  • Competitive tax rates for non-domiciled Maltese residents (only income or capital gains tax arising in Malta, and tax due on foreign income received in Malta)

Applicants must complete all of the 3 investments and choose either to purchase or lease the property:

 

  • Government bonds to the value of EUR 250 000, with a holding period of at least five years

 

  • A non-refundable government contribution to the value of EUR 30 000

 

  • Real estate purchase to the value of EUR 320 000, or EUR 270 000 in South Malta or Gozo, with a holding period of at least five years

 

  • Real estate property lease to the value of EUR 12 000/p.a., or EUR 10 000/p.a. in South Malta or Gozo, with a holding period of at least five years

 

The Process

The process typically takes less than two months from submission of the application. In some cases it can take as little as two weeks, and in most cases only one physical visit is required.

 

The application procedure comprises the following steps:

  • Submission of residence application to Identity Malta; payment of contribution deposit of EUR 5 500
  • Identity Malta undertakes due-diligence checks
  • Remittance of balance of the contribution; proof of completion of investment and property requirements
  • Issue of residency permit

 

Residence extends to the following family members:

  • Adult dependents aged 18–26 years who are economically inactive, unmarried and fully financially supported by the main applicant
  • Parents or grandparents of both spouses who are economically inactive and fully financially supported by the main applicant or spouse
Investment Summary
OptionMinimum Investment
Government bondsEUR 250 000
Property investment: purchaseEUR 350 000/270 000
Property investment: lease (per annum)EUR 12 000/10 000
Government contribution (non-refundable)EUR 30 000

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