malta permanent residency Citizenship & Residency

WHAT IS THE MALTA PERMANENT RESIDENCE PROGRAM?

The Maltese program is residency-by-investment program that requires a minimum net-worth of EUR 500,000 to qualify. Granted typically in less than 6 months and starting as low as EUR 110,000, this program allows for visa-free access to the Schengen Area and the right to reside indefinitely in Malta.

Advantages of Malta permanent residency

  • Dependents include:
    1. Spouse or partner
    2. Dependent (unmarried) children of any age
    3. Dependent parents and grandparents.
  • Member of the European Union and Schengen Area
  • Right to reside indefinitely in Malta
  • Eligible to apply for a work permit
  • Free travel within the Schengen Area for 90 days in every 180-day period
  • High standard education and healthcare system
  • A low-cost and tax-efficient jurisdiction
  • Right to establish a business in Malta
  • No language requirement
  • No education or management experience required
  • Eligible to apply for Citizenship in Malta after 5 years residence

Investment Options

The main applicant must meet one of the following options:

  1. Property Rental Option
    • Rent property with a minimum annual rental of EUR 10,000 in the South of Malta or Gozo, or EUR 12,000 elsewhere
    • Make a government contribution of EUR 98,000;
    • Donate EUR 2,000 to a Malta Non-Government Organisation
  2. Property Purchase Option
    • Purchase property for at least EUR 300,000 in the South of Malta or Gozo or at least EUR 350,000 elsewhere
    • Make a government contribution of EUR 68,000;
    • Donate EUR 2,000 to a Malta Non-Government Organisation

The applicant must also make further government contributions of:

  • EUR 7,500 for each dependent spouse, parent or grandparent
  • EUR 5,000 for each dependent adult child

Requirements for Malta permanente residency

  • Be over 18 years of age and non-EU citizen
  • Meet the qualifying investment requirements
  • Hold the property investment for a minimum of 5 years
  • Have a clean criminal record
  • Acquire global health insurance coverage
  • Be in good health and of good reputation
  • Provide evidence of the source of funds used for the application
  • Have sufficient financial resources to support themselves
  • Provide proof of assets of at least EUR 500,000, with at least EUR 150,000 in financial assets

Process

  • Preparation and submission of the application documents
  • Review of the application by Maltese authorities and conducting of background checks
  • Obtain approval-in-principle
  • Submit proof of health insurance coverage and fulfill the investment requirements
  • Complete the biometrics in Malta and application for the permanent residency
  • Issuance of the permanent residency certificate and card
  • Expected application processing time of 6-8 months

The present document is intended for guidance and general information only and does not constitute or purport to provide you with legal advice. Such information is subject to changes without notice. Each case is unique and depends on the facts and circumstances of the individual and due consideration should be taken if applying the general information to your personal situation. For an evaluation of your personal circumstances one of our legal team would be happy to assist.