The Malta Permanent Residence Programme (MPRP) enables investors to obtain Permanent Residency in Malta and live comfortably as a Maltese residence. The programme is designed to showcase the attractiveness of Malta, such as safety, economic and political stability and high quality infrastructure and healthcare.
As of mid-2023, the programme gives investors the option to buy or lease property along with contributions and donations to secure permanent residency in Malta. Originally opened in 2015, the Malta Permanent Residence Programme went through a series of revisions in 2021 to ensure quality candidates and an effective due diligence process.
This page is a program overview, read our guide for the full programme details.
Through property acquisition, applicants are required to purchase a residential property in Malta. If the property is located in the south of Malta or Gozo the minimum investment amount is €300,000. Whereas in the rest of the country the minimum investment amount is €350,000. On top of the property purchase, there is an application fee of €68,000 plus a donation of €2,000 to an approved NGO in Malta.
The Residency Malta Agency ensures qualified and reputable candidates with a clean criminal record and are of no threat to national security. The programme is open to third country nationals, non EU, non EEA and non Swiss. Candidates from sanctioned countries will not be considered. Applicants may not pursue the program as a means to gain any advantages under other applicable regulations and schemes, and they should have stable and regular financial resources from a legal source. The ability to demonstrate they can sufficiently maintain themselves and their dependents requires they possess capital assets of €500,000 with at least €150,000 being financial resources.
It depends on your circumstances and goals. Qualified applicants can choose to lease property as opposed to purchasing property. If the rental property is location in the south of Malta or Gozo the lease must be €10,000 per year. While properties anywhere else in Malta require a minimum lease amount of €12,000 per year. Beyond your yearly lease amount, you will need to pay a €98,000 application fee to the Maltese government, donate €2,000 to an approved NGO in Malta and more. After you’ve rented a property, you are still eligible to purchase a property later, making this a strategic option for anyone testing the real estate market or eyeing their dream home for some time before purchase.
To obtain citizenship in Malta, individuals must be willing to be a tax resident and live in the country for six months each year for seven years. While this may require relocation, it provides a permanent solution. Otherwise, investors will enjoy permanent residency in Malta, allowing them to travel visa-free for life and reside in a safe and tax-friendly European island nation.
The MPRP program allows applicants to add up to four generations of dependents to their applications. This includes, the applicant and spouse, children under 18 years of age, dependents over 18 years of age, parents and grandparents. An additional fee of €7500 is tacked on for every adult dependent added to the applicant.
The Malta Permanent Residence Program (MPRP) is an appealing program offered to businesspeople, individuals and families. The program presents flexible investment options through property and government contributions leading to residency in a quick turnaround time of 4-6 months. It’s a valuable option for anyone considering to make Malta their second home.
Yes, because the MPRP requires you to reside in Malta for half the year, thereby qualifying you as a tax resident. You will need to check to ensure tax treaties between your home country and Malta.
Malta is an exquisite European archipelago nestled in the Mediterranean sea, to the south of Italy and east of Tunisia. Just what you might envision given the location — jagged cliffs, stunning beaches and ancient sites. The small, yet important nation bore witness to a mesh of culture and empires over time. Malta is a unique country, and part of the European Union.
All-in-all, the Malta Permanent Residency Program is a cost-effective alternative to Malta’s Citizenship by Naturalization for Exceptional Services Program. It provides a reliable option for obtaining long-term residency in Europe and visa-free access to the Schengen area.