Malta Golden Visa Programme 

The Malta Residence and Visa Programme (“MRVP”), which was launched in 2015, is designed to give reputable ‘third country nationals’ and their dependants the opportunity to procure an indefinite Maltese residential status. Not only will successful applicants have the opportunity to acquire Maltese residency, but in addition to this, they are free to travel within the Schengen Area unfettered.

The MRVP, or simply the Malta golden visa programme, aims to offer Maltese residency through investment. In order to maintain the repute of this island nation, candidates are held to a high standard, and are also provided a set of required investment obligations.

Identity Malta is the authority responsible for examining golden visa candidates, and will examine factors including the applicants standing in current and former countries of residency, annual income and capital assets to determine eligibility for the Malta golden visa programme.

Only third country nationals are eligible for the Malta golden visa programme

The term third country nationals applies to all those who are not citizens of the European Union, the European Economic Area or Switzerland.Therefore nationals or residents listed below are ineligible for the Malta golden visa programme.  

  • Residents and nationals of the EU
  • Residents and nationals of the EEA
  • Residents and nationals of Switzerland 

Furthermore, candidates eligible for the Malta golden visa programme are allowed to extend the privileges of the Malta golden visa to dependants, these dependants include; 

  • spouses,
  • children under the age of 18,
  • unmarried children,
  • and parents/grandparents who are financially dependent on the main applicant.

Requirements of Malta golden visa programme applicants
The Maltese islands engage in business with other European Union states and the rest of the world, since the island nation became recognized as a full EU-member it has enjoyed a virtually immaculate reputation. Therefore, third country nationals undergo a scrutinizing application process prior to approval in the Malta golden visa programme.

Prerequisites for the Malta golden visa programme application:

  • Applicants are non-EU residents (as outlined above in the definition of third country nationals)
  • Applicants are 18 years of age or above
  • Upon applying candidates must provide documentation of clean police conduct
  • A valid European health insurance policy is required
  • Applicants must receive an annual income €100,000 as well as hold a capital of €500,000
  • A five year commitment to a €250,000 investment in Maltese government bonds is required

Applying for the Malta golden visa programme

While it is possible for candidates to individually gather the documents requested by Identity Malta and examine one’s eligibility, it is strongly advised to hire the services of recognized immigration consultants. 

RC International Immigration Consultants will walk candidates through applications for a multitude of citizenship by investment programmes, including the Malta golden visa programme. Get in touch with RC to enquire about the second citizenship or residency programme most suitable for your needs and aspirations, and apply today with ease.

1) Age: All applicants must have reached at least 18 years of age;

2) Investment in Qualifying Property: Applicants must choose 1 of the following 2 options:

  • Letting Option – Residential property must be leased for a minimum period of 5 years at a minimum annual lease payment of €12,000 or if the property is located in Gozo or the south of Malta for a minimum annual lease payment of €10,000; OR
  • Purchasing Option – All aspirants must purchase property with a minimum price of €320,000 if it is located in Malta or €270,000 if the property is located in Gozo. The property must be retained for a minimum period of 5 years;

3) Qualifying Investment: All candidates are obliged to make an investment, in a form determined from time to time by Identity Malta, which has a minimum value of €250,000. The Qualifying Investment must be retained for a period of at least 5 years;

4) Proof of Financial Resources: All applicants must show that they have adequate financial means to be able to take care of themselves and any registered dependents without being dependent on the state. Thus, the MRVP requires candidates to either have: (i)  an annual salary equivalent to €100,000 whilst living in Malta OR (ii)  capital equivalent to a minimum of €500,000;

5) Health Insurance: All candidates and registered dependents must be in possession of a health insurance policy which covers the provision of health services across the territory of the European Union;

6) Contribution and Registration Fee: All candidates must pay an administration fee of €5,500 which is non-refundable on submitting their application. Once Identity Malta confirms that the candidate meets the requirements to be a beneficiary of the MRVP, a contribution fee of €24,500 and an additional five thousand euro (€5,000) contribution, per parent or grandparent  must be paid;

7) Due Diligence: All candidates are obliged to show that they are ‘fit and proper’ to become Maltese residents through the effective completion of a demanding due diligence process.

Additional Conditions
  • All applicants must provide a clean police conduct to prove that they are ‘a fit and proper person;
  • All applicants must not be beneficiaries of the following residence programmes: Global Residence Programme, Highly Qualified Persons Rules, Malta Retirement Programme, or the Qualifying Employment in Innovation and Creativity Rules;
  • All applicants must be represented by an agent approved by Identity Malta;
  • All successful aspirants shall be monitored annually for the first 5 years, and thereafter, every 5 years.

An archipelago composed of three islands, Malta is situated at the heart of the Mediterranean and is geographically located 60 miles south of Italy and 220 miles from the north of Africa. Malta has been a Member State of the European Union since 2004 and has a population of just over 440,000 inhabitants. Due to its rich and diverse history, Malta does not only enjoy its own unique language (the only Semitic language in the world which is written in Latin script), but thanks to a 150-year British occupation, the official languages of the country are both English and Maltese.

Thanks to this linguistic advantage as well as a wonderful Mediterranean climate, Malta has become a popular destination for expatriates who come from all over the world to enjoy the top-ranked healthcare, low crime rate and the Mediterranean culture and history which have been endorsed by renowned publications such as The Wall Street Journal who named it the “third best country in the world for expatriates” and The Telegraph which proclaimed it “the best place to retire”.

Visa-free Travel

Aside from having the right to live, work and study in all Member States of the European Union, Maltese citizens are also able to enjoy visa-free travel to over 160 countries. Residents, on the other hand, are limited to visa-free travel across the Member States of the European Union in virtue of Malta’s membership to the Schengen area.


Thanks to the fact that it possesses political stability as well as a highly educated English-speaking work force, Malta has been able to focus on higher value-added services in industries such as tourism, gaming and financial services. In fact, the registered unemployment in Malta in 2016 was reported at 4.3% compared to the EU average of 10%. In addition to this, forecasts published by the European Commission in 2014 show Malta’s GDP as registering the highest growth rate since 2010 with growth being expected to accelerate slightly in both 2015 as well as 2016. The currency of Malta is the Euro (€).

Standard & Poor’s credit rating for Malta stands at A- with stable outlook. Moody’s credit rating for Malta was last set at A3 with stable outlook. Fitch’s credit rating for Malta was last reported at A with positive outlook.

Property in Malta

With real estate prices being compared to those found in other European Union Member States, Malta has a robust property market with recently published figures by the Central Bank of Malta showing property prices rising to 10.03% during the year to Q4 2015 – a surge that has been partially attributed to government measures aimed to support property demand. 

Education in Malta

In Malta, schools are divided into two main categories: state and private. The former schools are found in almost every village and town in Malta and are completely free of charge. However, the language used is mostly Maltese, which makes it challenging for international students to communicate with their peers. Private schools, on the other hand, are divided into two further categories: church schools and independent schools. Church schools are generally heavily subsidised by the government, and parents are merely encouraged to pay a yearly donation as tuition fees. The language used in church schools is also predominantly Maltese. For this reason, independent (or international) schools are the preferred choice for expatriates living in Malta, since the English language is used in both the classroom, as well as extra-curricular activities. Parents sending their children to school in Malta are required to pay tuition fees, transport, school supplies and other associated expenses. The fees differ in accordance with the school chosen and generally range between €1,500 – €3,000 for every scholastic term. 

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