Malta Permanent Residency Programme (MPRP)
The Malta Permanent Residence Programme (MPRP) is a highly reputable scheme launched in 2021. The programme is open to third-country nationals (non-EEA, non-Swiss and non-EU nationals).
It allows foreign nationals and their immediate family to become permanent residents of Malta in exchange for several qualifying investments. These include buying or renting real estate, paying government fees and making a charitable donation.
Successful applicants can reside in the country and benefit from visa-free travel to European countries in the Schengen Area. The Malta Permanent Residency Programme can also be obtained in only four to six months.
Minimum Investment
€130,000
Processing Time
4-6 months
Key Residency Benefit
European residence permit
About Malta
Population
The population of Malta is 536,740 over a 316 km² surface. The population density is 1,646.09 people per km2.
Capital City
Valletta is the capital city of Malta, with a population of 5,982.
Climate
The climate of Malta is typically Mediterranean, with hot, dry summers, warm and sporadically wet autumns, and short, cool winters with adequate rainfall.
Currency
The euro has been the official currency used in Malta since 2008 when it replaced the Maltese lira.
Languages
Maltese is the official language of Malta. Over 80% of the population also speaks English.
GDP
Malta has a GDP of $22.74 billion
Malta
Malta is a small island country located in the Mediterranean Sea, south of Sicily.
The country is known for its beautiful marina locations, such as the Grand Harbour Marina in the capital city of Valletta. Malta is steeped in history and culture, with ancient temples and medieval towns scattered throughout the island.
The capital city of Valletta is one of the oldest planned cities in Europe, with a rich history dating back over 7,000 years. Malta is also known for its stunning coastline, crystal-clear waters, and vibrant nightlife. The country has a population of around 500,000 people and is a popular destination for tourists looking to explore its historical sites and enjoy its Mediterranean climate.
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Benefits of a Second Citizenship in Malta
Visa-free travel
The Malta Residence Program grants visa-free access to nearly 100 countries.
Family Visa
Residency for the entire family is included.
Quality of Life
Malta has a high-quality living standard which makes obtaining Malta residency an attractive option
Fast Process
Fast and straightforward process with no test or interview requirement.
Investment Oppurtunities
Once a Malta resident, you can freely open up a business in any of EU's 27 countries with a favourible tax system.
Cost Efficient
The country’s residency by investment programme is the most cost-efficient programme of its type in the EU.
Key Benefit Of Residency In Malta
The Malta Permanent Residence Programme (MPRP) provides individuals with enhanced international mobility.
As an EU member, Malta enables its residents to travel across Europe with ease. Those holding a Maltese residency permit can explore other EU countries for up to 90 days within a 180-day period without needing a visa.
Furthermore, Maltese residents can benefit from healthcare and educational opportunities throughout the EU.
How to obtain Residency in Malta
Rent or purchase a residential property
A €300,000 property purchase if the property is located in Gozo or the south of Malta. The minimum property investment for the rest of Malta is €350,000.
Alternatively, there is a property rental option. With this option, lease a property with a minimum annual rental cost of €10,000 in Gozo or the south of Malta. The minimum for the rest of Malta is €12,000 per year.
In both cases, these have to be held for a minimum period of five years and only need to be rented/purchased after the initial approval of the applicant.
Government contribution
This amount varies depending on whether the applicant will rent or purchase a property.
The government contribution is €68,000 for those who purchase a property and €98,000 for those who rent.
In both cases, this amount is paid in two stages. The first is €10,000 on submission of the non-refundable application stage. The second is the remainder of the contribution on approval of the application.
Donate to a charity
A donation of at least €2,000 to a non-government charitable organisation (NGO) approved by the Residency Malta Agency (RMA). NGOs include areas such as science, animal welfare, culture, sport, the arts and more.
Frequently Asked Questions
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The length of the process can vary depending on how quickly you find the right property investment and gather all required documents.
On average, applications are processed within 4 to 6 months. After processing, final approval is granted and residency cards are issued.
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The eligibility requirements for the Malta Permanent Residence Programme are:
Non-EU nationals, non-EEA, non-Swiss and from a non-sanctioned country
Be over 18 years old
To pass the ‘Fit & Proper’ test with a clean criminal record, which is checked by Europol, Interpol and other authorities
Be in good health and hold valid health insurance which covers their presence in Malta
Provide evidence that they hold at least €500,000 in capital, out of which €150,000 should be in the form of financial assets
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Family members can be included in the application. Those eligible include:
Spouse or life partner
Children under the age of 18
Children over the age of 18, provided they are dependent, not married and not economically active
Children over the age of 18, provided that they have been certified by a medical professional as having a disability as per the Equal Opportunities Act
Dependent parents of the applicant or the spouse
Dependent grandparents of the applicant or the spouse
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Health insurance coverage is required to apply for the MPRP. The insurance should cover all beneficiaries for a minimum of €30,000 annually.
Residency Programmes
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Greece
Investment: 250,000 USD
Route To Greek Citizenship
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Malta
Investment : 130,000 USD
European Residency Permit
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Portugal
Investment: 500,000 EUR
Golden Visa Free Travel
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Spain
Investment: 500,000 EUR
Route To Spanish Citizenship
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UAE
Investment: 550,000 USD
Favourable Tax System
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USA EB-3
Investment: 45,000 USD
Permanent Residency In The USA
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USA EB-5
Investment: 800,000 USD
USA Green Card
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With the range of programes available it can be difficult to know which is best suited to your needs and what offers the best benefits. Book a Free Consultation today to get our expertise and begin your journey to Freedom.