Malta Permanent Residence

How can you apply for the Malta Permanent Residence Programme (MPRP) & how does the process work?

Those wishing to apply can qualify for the Malta Permanent Residence Programme (MPRP) after passing stringent Due Diligence checks and meeting the qualifying investment criteria needed for the programme. The Malta Permanent Residence Programme Regulations, 2021, enacted by the Legal Notice 121 of 2021, replace the previous successful Malta Residence and Visa Programme (MRVP).

Seeking residence in a new country can be a daunting challenge, which is why it is important to work with a company that is recognised and authorised by the Maltese government to assist those who are interested in the Malta Permanent Residence Programme (MPRP). A trusted advisor will be able to guide you through the entire process and ensure that you meet the necessary requirements in order to qualify for the programme.

Which investments qualify for the Malta Permanent Residence Programme 

The Malta Permanent Residence Programme (MPRP) is available to Non-EU investors and their families. Applicants must pass a stringent background check and be in a position to fulfil the financial investment requirements upon approval of the application. These investments are as follows; 

A Real Estate Investment

• Successful applicants will need to make a real estate investment, which may take the form of either;
• A minimum property purchase of €300,000 if the real estate is situated in Gozo or the south of Malta, or a minimum investment of €350,000 if the property is located in any other areas of Malta.
• A minimum residential rental property to the value of €10,000 per annum for a property in Gozo or the south of Malta, or a minimal residential rental of €12,000 per annum elsewhere in Malta.

The property investment must be held and maintained for a minimum period of 5 years. During this time the property must serve as the permanent residence of the applicant and that of the beneficiaries included in the application. This residence will serve as the primary address on the applicant's residence permit in Malta.

Make a Non-Refundable Contribution

• A non-refundable contribution must be made. The amount will differ depending on if the property is rented or purchased;
• If the property is purchased, the contribution will be EUR28,000
• If the property is rented, the contribution will be EUR58,000

An additional EUR7,500 for every parent or grandparent of the principal applicant or spouse will be applicable.

Donation

• Make a Donation of EUR2,000 to a local NGO registered with the Commissioner for Voluntary Organisations, or as otherwise approved by the Agency.

Finally, an administrative fee of EUR40,000 per application will be due

Who can qualify for the Malta Permanent Residence Programme (MPRP)?

The Malta Permanent Residence Programme (MPRP) programme is available to non-EU citizens and their families. The programme grants successful applicants and their dependants included on the application a residence permit allowing them to live in Malta as permanent residents. Qualifying dependants can be defined as follows;

• The principal applicant's spouse in a monogamous marriage or in another relationship that has the same or a similar status to marriage. For the purposes of the MPRP, the term "spouse" shall be gender-neutral. 
• Children, including adopted, of the principal applicant or his spouse who, at the time of application, are less than 18 years of age. 
• Children over the age of 18 years old, not married, and principally dependent on the principal applicant. 
• Financially dependent parents or grandparents of the principal applicant or of his spouse or; 
• Disabled adult children of the principal applicant or spouse.

All the family members named above will be able to benefit from the Malta Permanent Residence Programme (MPRP) and enjoy permanent residency in a European country and visa-free travel within the Schengen area for 90 days out of 180-day period. All applicants will be granted a residence permit, which will allow them to live in Malta. Whilst the Malta Permanent Residence Programme (MPRP) is not a tax programme, applicants may be subject to tax if they spend a certain amount of time on the island. It is important to consult with an experienced & trusted advisor to fully understand the tax repercussions of a physical move to Malta.

Check if you qualify

How we can help you with your Malta Permanent Residence Programme (MPRP)?

Malta Sotheby’s International Realty will work closely with you and an authorised entity to understand your goals and assist you in finding the right property, suitable for you in Malta together with our trusted partner who will be able to guide you through the entire process of becoming a Maltese resident through investment.

FAQ's

• Why Invest in the Malta Permanent Residence Programme (MPRP)?
  With a stable economy and a GDP that shows a year on year growth, Malta is a safe and sound investment option. The Malta Permanent Residence Programme (MPRP) not only grants successful applicants visa-free access to the Schengen area for 90 days out of a 180-day period, but allows them to reside in a country with a stable political climate, sound education, a low crime rate and a strong healthcare system. Malta’s close proximity to the rest of Europe makes doing business across the EU easy and accessible. 

• How long does the application process for the Malta Permanent Residence Programme (MPRP) take?
  The process for obtaining permanent residence normally takes between 4 to 6 months from the submission of the application. These times may vary depending on a number of factors. In this regard, it is always best to work with a recognised and authorised company to assist you with your residence needs.

• At what stage of the application process do I make the investment?
  The Malta Permanent Residence Programme (MPRP) investment is only made once the application has successfully been accepted. This gives the applicant peace of mind knowing that their investment will not be wasted. 

• Can I work under the Malta Permanent Residence Programme (MPRP)?
  No, regrettably those who obtain residency through the Malta Permanent Residence Programme (MPRP) are not permitted to work in Malta. The MPRP grants the applicant resident status but does not equate to a work permit. 

• Can I apply for a work permit once I have been granted Permanent Residence through the Malta Permanent Residence Programme?
  Yes, once the application for the Malta Permanent Residence Programme has successfully been approved and granted, you may begin the process of applying for a work permit in Malta. 

• Can I start a business under the Malta Permanent Residence Programme (MPRP)?
  No, business investments do not qualify for the Malta Permanent Residence Programme (MPRP). However, once your application for the MPRP has successfully been approved and granted you can open a business of your own in Malta. 

• Are there any other costs associated with the Malta Permanent Residence Programme (MPRP)?
  Regular costs of the Malta Permanent Residence Programme (MPRP) include a contribution to a Non-governmental organisation (NGO), your application fee for yourself and any dependants, a contribution to the Government and a real estate investment in the form of a property purchase or a monthly residential rental. There is also a minimum processing fee for the issuance of the residence cards and the fees of your trusted advisor.

• Will I have access to health care under the Malta Permanent Residence Programme (MPRP)?
  No, those who are Malta Permanent Residence Programme (MPRP) residents will need to have their own private Health Insurance in Malta. Health insurance is typically payable once a year and is valid for 12 months.

• Can I be rejected from the Malta Permanent Residence Programme (MPRP)?
  All applications are subject to rigorous due diligence. Applicants who do not fit within the government criteria will be rejected. Henceforth the importance of working with a recognised and authorised company that has experience with citizenship and residence in Malta.

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