Malta Permanent Residence Program (MPRP)
Malta, the smallest European Union member state, is an island of stability with a welcoming innovative mind-set and a proven record of economic success. Malta enjoys a stable political climate and he ideally located in the centre of the Mediterranean Sea and acts as a perfect bridge between Europe and other continents. Malta has been a member of the European Union since 2004 and of the Schengen Area since 2007.
Residency obtained under this program grants a Maltese permanent residence permit which allows its holders the right to reside, settle and stay in Malta as well as to travel visa-free within the European Schengen Area.
Country Highlights
CAPITAL CITY: Valletta
LANGUAGES: Maltese & English
SCHENGEN: Full Member Since 2007 & EUROPEAN
UNION MEMBER
TOTAL AREA: 316 km²
CURRENCY: Euro €
POPULATION: 441,543
NEAREST COUNTRY: Italy, 255 km
TIME ZONE: Central European Time Zone (UTC+01:00)
Features
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Permanent Residence from day one for life, no need for renewal.
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The right to reside indefinitely in Malta
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Investment required only for the first 5 years
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Visa-free travel within Schengen Area
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No minimum physical presence required to maintain immigration status
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Ability to include the spouse, parents, grandparents and children in the same application.
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Malta is an English speaking country
Eligibility
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The Malta Permanent Residence Program is open to non-EU nationals
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All the family is eligible include the spouse, parents of both the main applicant and spouse, and children
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Applicants need to provide evidence that they hold at least five hundred thousand euro (€500,000) in capital, out of which one hundred and fifty thousand euro (€150,000) should be in the form of financial assets.
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Applicants must have a valid travel document
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Applicants must have a health insurance covering their presence in Malta.
Requirements
Applicants under the Malta Permanent Residence Program are required to fulfill the following requirements:
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Pay a Government contribution of €68,000 if the applicant purchases a qualifying property or €98,000 if the applicant rents a qualifying property, and
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Rent a property for at least €10,000/year or purchase a property for at least €300,000, and
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Make a donation of €2,000 to any local registered philanthropic organization (cultural, sport, scientific, animal welfare, etc.).