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Malta Permanent Residence Programme

The new Malta Permanent Residence Programme (“MPRP”) was launched in 2021 and replaced the previous Malta Visa Residence Programme (“MRVP”) from 2015. It is a residency-by-investment programme that is based on investment in real estate and government contributions. With a promise of 4 to 6 months processing time from the submission of full application, this programme is designed to give reputable ‘third country nationals’ and their dependants the opportunity to acquire indefinite Maltese residential status.

The term “third country national” applies to all those who are not citizens of the European Union, the European Economic Area or Switzerland. Successful applicants will not only have the opportunity to acquire residency, but they will also be free to travel within the Schengen Area without the requirement of obtaining a visa for a period of 90 days for every 180 days and also participate in Malta’s real-estate market.

The authority responsible for examining MPRP candidates is Identity Malta. In order to determine eligibility for this programme, Identity Malta examines factors such as the applicant’s standing in current and former countries of residency, annual income, capital assets and source of wealth
 

Candidates eligible for the programme are allowed to extend their privileges to ascendants and descendants from up to four generations. Eligible dependants include:

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

 

Requirements for Malta Permanent Residence Programme
 

  • Applicants must be third country nationals ;
  • Applicants must not be citizens of  sanctioned countries, as announced by the Agency from time to time;
  • Applicants must be 18 years of age or above;
  • Applicants must not benefit from any other residency scheme;
  • Applicants must have clean police conduct;
  • Applicants must not impose a threat to national security or public;
  • Applicants must have stable financial income, sufficient for themselves and their dependants;
  • Applicants must hold Assets of not less than €500,000, out of which minimum €150,000 must be financial assets;

Conditions to participate in Malta Permanent Residence Programme


1. Registration Fee: All applicants must pay administrative fee of €40,000, which is non-refundable; An additional €7,500 for each adult dependant (except for the spouse) is also required.

2. Investment in Qualifying Property: Applicants can choose 1 of the following 2 options:

Letting Option – Residential property must be leased at a minimum annual lease payment of €10,000, if the property is located in the South of Malta or Gozo, or €12,000 if the property is located anywhere else in Malta;

Purchasing Option –  Residential property must be purchased with a minimum price of €300,000 if the property is located in the South of Malta or Gozo, or €350,000 if the property is located in the rest of Malta;

Qualifying property needs to be held for a minimum period of 5 years.  

3. Government contribution: Applicants must pay a Government contribution of €28,000 if purchasing a property or €58,000 if leasing a property;

4. Donation: Applicants must make a donation of €2,000 to a local philanthropic, cultural, scientific, artistic, sport or animal welfare NGO registered with the Commissioner of Voluntary Organisations;

5. Proof of Financial Resources: Applicants must show that they have adequate financial means to be able to take care of themselves and any registered dependants. Thus, the MPRP requires that candidates must have assets of not less than €500,000, out of which minimum €150,000 must be financial assets.

6. Health Insurance: All applicants and registered dependants must be in possession of a sickness insurance policy, which covers all risks across Malta and travel insurance policy which covers all risks across Schengen.

7.  Travel Document: Applicants must be in possession of a valid travel document.

8. Due Diligence: All applicants are obliged to show that they are ‘fit and proper’ to become Maltese residents, through the effective completion of an onerous due diligence process where:

  • All applicants, including adult dependants, must provide a clean police conduct;
  • Applicants must not be beneficiaries of the following residence programmes: Global Residence Programme, Highly Qualified Persons Programme, Malta Retirement Programme, or Qualifying Employment in Innovation and Creativity Rules;
  • Applicants must be represented by a licenced agent approved by Identity Malta.

All successful applicants shall be monitored annually for the first 5 years, and thereafter, every 5 years.

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