Malta is a member of the EU and the Schengen Area. Residence obtained under this programme grants a Maltese residence permit which allows its beneficiaries free travel within the Schengen Area. The residence permit also grants its beneficiaries the right to reside, settle and stay indefinitely in Malta.
Program Overview
Established in 2015, the Malta Residence and Visa Program (MRVP) is an efficient and quick way for an investor to gain the right to live in Malta legally.
Program Benefits
- 7th strongest passport in the world
- Ability to live and work freely across Europe Union
- Right to attend any university of choice across the EU for free or for a minimum special tuition fee
- Diplomatic protection in any third country
- Complete access to all EU education, healthcare, banking, real estate, and commercial facilities
- Visa-free flexible travel to 185 countries, including Canada, the UK, and the Schengen states
- Lifetime citizenship which can be passed down to generations
- Application covers dependent children under the age of 27 and dependent parents above the age of 55
- Double taxation treaties with 82 nations
- Special trade incentives and tax reliefs
- Dual Citizenship: Malta allows for dual citizenship, meaning you can retain your original citizenship while enjoying the benefits of being a Maltese citizen.
Program Qualifications
The Citizenship by Investment program in Malta, also known as the Malta Individual Investor Programme (MIIP), is available for interested nationals through the passing of the Legal Notice 2014.
Minimum qualifications for interested applicants are:
- Persons with no criminal history
- Persons capable of making sound judgments
- You must be at least 18 years old.
- For individuals who have completed 36 months of residency in Malta, the required investment is a minimum of €600,000. If you’ve resided in the country for 12 months, the investment requirement is €750,000.
- You must purchase a residential property valued at no less than €700,000 in Malta, which must be held for a minimum of five years. Alternatively, you can opt to lease a residence with an annual rental value of €16,000. Please note that subletting or selling the property during these five years is not permitted.
- A donation of €10,000 to an organization approved by the Community Malta Agency is required. This donation can also be made to a registered non-governmental organization or society dedicated to sports, culture, science, philanthropy, animal welfare, or culture.
- You must possess a valid residence card to apply for citizenship. Upon the purchase of real estate property, you will receive a Malta identity document known as an e-ID card.
- Both you and your family members must maintain good health.”
Non-Eligible Countries: Afghanistan, the Democratic Republic of Congo, Iran, North Korea, Somalia, South Sudan, Sudan, Syria, Venezuela, and Yemen.
Investment Options
One of the prime trade spots in Europe, Malta is at the heart of European commerce. Applicants to the Citizenship by Investment program will find multiple avenues for investment in Malta. Applicants also have the option of doing business with other EU states post-processing of applications.
Applicant must meet one of the following types of investments to be eligible:
- Contribution to public national development funds
Applicants can invest in public funds which are used for National development and maintenance and the upkeep of civic facilities. Single applicants must pay a minimum of €650,000, with an additional of €25,000 for spouse and dependent children below age 18. Dependent children above age 18 must pay €50,000.
- Investment in bonds
Interested applicants have the option of making a minimum investment of €150,000 in Government-approved bonds. Bondholders must retain ownership of the bonds for five consecutive years after the date of purchase, before being eligible for resale.
- Real estate
Applicants considering property investment can purchase real estate upon the investment of €700,000 or more in fresh property or through a rental contract amounting to a minimum of €16,000 p.a. Properties must be held for five years before being put up for resale.
Fees:
MALTA EXCEPTIONAL DIRECT INVESTMENT (NON-REFUNDABLE DONATION TO THE MALTA GOVERNMENT):
Main applicant: Choose between EUR 600,000 (36 months residency period) or EUR 750,000 (12 months residency period)
Each dependent (if any): EUR 50,000
MALTA PHILANTHROPIC DONATION:
Main applicant only: EUR 10,000
MALTA PROPERTY INVESTMENT (MINIMUM 5 YEAR HOLDING PERIOD):
Main applicant only: Choose between a property purchase at EUR 700,000 or a property rental at EUR 16,000 per year
MALTA GOVERNMENT FEES:
Residence permit fee, main applicant: EUR 5,000. Each dependent (if any): EUR 1,000
Residence card: EUR 27.50 per card
Citizenship eligibility due diligence fee, main applicant: EUR 15,000. Each dependent age 12 and over (if any): EUR 10,000
Citizenship eligibility administrative fee, each applicant: EUR 1,000
Citizenship administrative fee, each applicant: EUR 500
LEGAL FEES:
Depending on the number of family members to be included. Please ask us about a custom quotation for you / your family.
Make Malta your second home
Visa-Free Countries
514,564
POPULATION
US$48,246
GDP nominal (per capita)
US$22.802 billion
GDP (purchasing power parity)
CAPITAL CITY
Valletta
TIME ZONE
Central European Time Zone (UTC+01:00)
TOTAL AREA
316 km2
LANGUAGES
Maltese, English
CURRENCY
Euro €
MAIN INDUSTRY
Tourism, electronics, ship building and repair, construction
SCHENGEN/ EU
Full EU & Schengen Area Member State
KEY ADVANTAGES
- Dual Citizenship allowed
- Full member of Schengen
- Favorable tax regime
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Disclaimer
The materials contained in this page are provided for general information purposes only and are not intended to provide legal or other professional advice. Processing times and costs will vary depending on a number of factors. CitizenMatch is not responsible for any changes to the time and cost estimates; we can provide specific information on an individual basis. All rights reserved.