Malta Residency by Investment
The Malta Permanent Residence by Investment Program presents an exceptional path for international investors to secure a residence permit in this captivating Mediterranean country. By adhering to specific criteria outlined by the Maltese government, investors unlock access to Malta's rich culture, burgeoning business landscape, and the myriad benefits of EU membership.
Language
Maltese
Currency
Euro
Total Area
316 km2
Capital
Valletta
Government
Parliamentary Republic
Population
493,559
Eligibility Criteria and Investment Routes:
Eligibility for this program is extended to non-EU/EEA citizens, with requirements including comprehensive health insurance and a clean criminal record.
Investors are offered two primary routes for investment:
Real Estate Acquisition:
- Option a: Acquire property valued at a minimum of €300,000 in South Malta or Gozo.
- Option b: Acquire property valued at a minimum of €350,000 in other areas of Malta.
Real Estate Lease:
- Option a: Lease property with a yearly rent of at least €10,000 in South Malta or Gozo.
- Option b: Lease property with a yearly rent of at least €12,000 in other areas of Malta.
Properties or lease agreements must be maintained for a minimum duration of five years.
Additional Criteria and Fees:
Beyond the real estate investment, applicants must:
- Pay a non-refundable government contribution of €28,000 (property purchase) or €58,000 (property rental).
- Cover a non-refundable administrative fee of €40,000.
- Donate a minimum of €2,000 to recognized NGOs or societies.
- Demonstrate a net worth of €500,000, with €150,000 in liquid assets, preserved for five years.
- Obtain comprehensive health insurance and Schengen area travel insurance.
Process for Obtaining Maltese Permanent Residence:
The application process commences with a €10,000 payment towards the administrative fee. Applicants must then compile the necessary documentation, assisted by legal counsel, and undergo health screenings. The application undergoes a detailed review process, leading to a conditional approval and subsequent financial commitments fulfillment.
After submitting all requisite documentation, the residence permit is typically issued within 7 days following a "Final Approval Letter." Biometric data collection for the applicant and family members occurs during a visit to Malta, with the entire process spanning around 6 months from application to approval.
Program Benefits:
The Malta Permanent Residence Program offers numerous advantages:
- Visa-free Schengen and EU travel for up to 90 days within any 180-day period.
- A 5-year renewable residence card.
- Inclusion of financially dependent, unmarried children with no age limit.
- No mandatory stay requirements, allowing for residence outside Malta.
- Pathway to Maltese citizenship through residency and language proficiency criteria.
In summary, the Malta Permanent Residence by Investment Program is a gateway to experiencing the best of Europe. Malta’s strategic position, vibrant lifestyle, and economic prospects provide a unique living opportunity for investors and their families, making it an enticing option for those seeking a new home in the Mediterranean.