Malta’s Golden Visa program, officially known as the Malta Permanent Residence Programme (MPRP), offers non-European Union nationals a unique opportunity to obtain residency in this Mediterranean island nation. Launched in 2021, this residency by investment scheme attracts high-net-worth individuals seeking to establish a presence within the European Union.
The MPRP grants successful applicants and their family members the right to reside in Malta indefinitely, providing access to the country’s rich culture, stable economy, and strategic location. Investors can choose from various investment options, including property purchases or rentals, government contributions, and donations to Maltese non-profit organizations.
Malta’s Golden Visa program stands out for its efficiency and flexibility. Applicants can enjoy the benefits of EU residency without the need for physical presence requirements typically associated with citizenship programs. This makes the MPRP an attractive option for those seeking a Plan B residency or looking to expand their global mobility options.
The Malta Golden Visa Program offers non-EU/EEA nationals a path to permanent residency through investment. It provides visa-free travel within the Schengen Area and the potential for citizenship after five years.
The Malta Golden Visa, officially known as the Malta Permanent Residence Programme (MPRP), grants successful applicants indefinite residency rights in Malta. This program allows investors and their family members to live, work, and study in Malta.
Key benefits include:
Investors can enjoy Malta’s Mediterranean lifestyle while maintaining global business interests. The program does not require physical presence in Malta, offering flexibility for international entrepreneurs and investors.
To qualify for the Malta Golden Visa Program, applicants must meet specific criteria:
Make the required investments:
Applicants must prove a minimum annual income of €100,000 or capital assets of €500,000. The program extends to immediate family members, including spouses, children, and parents or grandparents under certain conditions.
The application process for the Malta Golden Visa involves several steps:
The Residency Malta Agency conducts rigorous due diligence to ensure applicants meet all legal and financial requirements. This process typically takes 4-6 months from submission to approval.
Applicants must provide proof of funds, demonstrating the legitimate source of their wealth. Transparency and compliance with anti-money laundering regulations are crucial throughout the application process.
The Malta Golden Visa program requires substantial financial commitments across different investment categories. Applicants must fulfill specific criteria in direct investments, government contributions, and real estate options to qualify for residency.
Applicants must make a non-refundable contribution to the Maltese government. This contribution ranges from €150,000 to €300,000, depending on the chosen property investment option. The funds support national development initiatives.
Additionally, a €2,000 donation to a registered Maltese philanthropic organization is mandatory. This demonstrates the applicant’s commitment to supporting local causes.
Investors must also pay administrative fees. These include a €40,000 due diligence fee for the main applicant and additional fees for dependents.
The program offers two property investment paths. Applicants can purchase real estate worth at least €350,000 or opt for a 5-year lease with a minimum annual rent of €12,000.
Properties must be held for a minimum of 5 years. They cannot be sublet during this period.
Investments in prime areas like Valletta or popular coastal regions often exceed the minimum thresholds.
The real estate market in Malta offers diverse options, from modern apartments to historic townhouses.
Applicants must prove a minimum net worth of €500,000. This can include capital assets, investments, and cash savings.
Bank statements, investment portfolios, and property valuations are required to verify financial resources.
A comprehensive due diligence process assesses the legitimacy of funds. This includes background checks and source of wealth verification.
Applicants need to demonstrate a stable annual income of at least €100,000 from outside Malta or possess capital of €500,000 or more.
Health insurance coverage for all family members included in the application is mandatory.
Malta’s residency programs offer various benefits and require specific qualifications. Applicants can enjoy a high standard of living while meeting legal requirements for their stay.
Permanent residency in Malta grants individuals the right to reside indefinitely. It allows for family reunification, bringing spouses and dependents to the country. Residents can travel freely within the Schengen Area.
Citizenship, on the other hand, provides full rights as a Maltese national. This includes voting in elections and holding a Maltese passport. The path to citizenship typically requires a longer period of residence and additional commitments.
Both options offer access to Malta’s healthcare system and education facilities. Permanent residents and citizens can work or start businesses in Malta without additional permits.
Malta requires Golden Visa applicants to have comprehensive health insurance coverage. This ensures access to both public and private healthcare facilities on the island.
A clean criminal record is mandatory for all applicants. Background checks are conducted to verify an individual’s history. This requirement extends to family members included in the application.
Proof of good health may also be necessary. Applicants might need to undergo medical examinations as part of the process.
These measures help maintain Malta’s security and public health standards.
Malta offers a high quality of life with its Mediterranean climate and rich cultural heritage. The country boasts excellent healthcare facilities and a strong education system.
English is widely spoken, easing integration for expatriates. Many international schools are available for families with children.
Malta’s strategic location provides easy access to other European countries. The island nation is known for its safety, with low crime rates and political stability.
Residents can enjoy outdoor activities year-round. Beautiful beaches, historical sites, and a vibrant social scene contribute to a balanced lifestyle.
Integration support is available through various expat communities and government programs. These resources help newcomers adapt to Maltese culture and customs.
Malta’s Golden Visa program involves specific tax concessions and financial obligations for applicants. These factors play a crucial role in the decision-making process for potential investors seeking residency in Malta.
Malta offers attractive tax benefits to Golden Visa holders. Non-domiciled residents are subject to a flat 15% tax rate on foreign-sourced income remitted to Malta. This applies to a minimum annual tax liability of €15,000.
Income generated within Malta is taxed at progressive rates up to 35%. Capital gains from overseas assets remain tax-free, even if remitted to Malta. The country does not impose wealth tax, inheritance tax, or gift tax.
Malta has double taxation agreements with over 70 countries, further enhancing its tax appeal. These agreements prevent dual taxation on the same income in different jurisdictions.
Applicants must make significant financial commitments to obtain Malta’s Golden Visa. A non-refundable contribution to the National Development Fund ranges from €150,000 to €200,000, depending on the property choice.
Property investments require a minimum of €300,000 for purchases or €10,000 annual rent in Gozo or Southern Malta. In other regions, the minimum rises to €350,000 for purchases or €12,000 annual rent.
An administration fee of €40,000 applies to the main applicant. Additional fees include €10,000 for spouses and adult children, and €5,000 for minor children. Applicants must also donate €2,000 to a registered NGO in Malta.
Mandatory government fees cover due diligence checks, ensuring financial stability and transparency. These can range from €15,000 to €20,000 per application.
Malta offers a unique blend of Mediterranean lifestyle and investment opportunities. The country’s golden visa program attracts non-EU nationals seeking permanent residency through strategic financial commitments.
Real estate investment is a cornerstone of Malta’s residency program. Applicants must purchase property valued at €350,000 or more, or rent a property for at least €12,000 annually. Prime locations include St. Julian’s, Sliema, and Valletta.
Maltese real estate has shown steady appreciation, making it an attractive long-term investment. Buyers can choose from modern apartments, traditional townhouses, or luxury villas. Many properties offer stunning sea views and access to amenities.
The property market caters to various budgets and preferences. Rental yields in popular areas can reach 5-7%, appealing to investors seeking passive income.
Golden visa applicants contribute to Malta’s economy beyond real estate. A non-refundable contribution of €150,000 to the National Development and Social Fund is required.
This investment supports public projects, healthcare, and education. Applicants must also invest €500,000 in government bonds or stocks, held for at least 5 years.
Malta’s economy benefits from these inflows, strengthening sectors like tourism, manufacturing, and financial services. Residents enjoy a high standard of living, with access to quality healthcare and international schools.
The program encourages financial self-sufficiency. Applicants must prove a minimum annual income of €100,000 or capital assets of €500,000. This ensures new residents can support themselves and contribute to the local economy.
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