The MPRP is a straightforward residency-by-investment program based on investments in property and government contributions. With the promise of a 4 to 6-month processing time from the submission of a complete and correct application, the program offers much value to clients wishing to make Malta their home away from home.
Program:
The MPRP is a straightforward residency-by-investment program based on investments in property and government contributions. With the promise of a 4 to 6-month processing time from the submission of a complete and correct application, the program offers much value to clients wishing to make Malta their home away from home.
Requirements:
– Show they have capital assets of not less than €500,000, out of which a minimum of €150,000 must be financial assets;– Be third country nationals, non EU, non-EEA, and non-Swiss;
– Not hail from sanctioned countries, as announced from time to time from the Agency;
– Not benefit under other pertinent regulations and schemes;
– Be in receipt of stable and regular financial resources, sufficient to maintain themselves and their dependents, without recourse to the social assistance system of Malta;
– Be fit-and-proper individuals and have a clean criminal record;
– Not pose any potential threat to the national security, public policy, public health or public interest.
Process:
– Collect all the necessary documents, proving you have made an eligible investment.
– Submit your Golden Visa application to the Residency Malta Agency.
– You and your family will receive Malta residence permits.
– Within 12 months of receiving your residence permits, you must submit an application to determine if you are eligible for Malta citizenship.
– If you are eligible, you will receive an Eligibility Letter of Approval.
– After 1-3 years of residence (depending on your investment), you have to submit all the necessary documents to apply for Malta citizenship.
– You and your family move to Malta, and after 1-3 years, you become naturalized as Maltese citizens and can obtain your passports.
Benefits:
– Have the right to settle, stay and reside permanently in Malta;
– Enjoy Visa-free travel across Schengen, 90 days out of 180 days;
– Penetrate Malta’s property market;
– May include up to 4 generations in the application.
Cost:
Submit an application via a Licensed Agent;
– pay a non-refundable administrative fee of €40,000;
– rent a property for a minimum of €10,000 in the South of Malta/Gozo or €12,000 in the rest of Malta; or
– purchase a property for a minimum value of €300,000 in the South of Malta/Gozo or €350,000 in the rest of Malta; ● pay a Government contribution of €28,000 if purchasing a property or €58,000 if leasing a property;
– pay an additional €7,500 for each additional adult dependent (except for the spouse);
– hold the qualifying property for a minimum period of 5 years after which a residential address is required;
– make a donation of €2,000 to a local philanthropic, cultural, scientific, artistic, sport or animal welfare NGO registered with the Commissioner of Voluntary Organizations;
– be in possession of a valid travel document;
– take out a sickness insurance policy of cover all risks across Malta;
– take out a travel insurance when travelling across Schengen.