Malta Permanent Residence Programme

Malta Permanent Residence Programme (MPRP)

The Malta Permanent Residency Programme CCM cclex


Malta, a European Union member state located in the heart of the Mediterranean Sea is an island of stability with a proven record of economic success, a booming economy and a well-educated English-speaking workforce. Malta joined the European Union in 2004 and is also a member of the Schengen Area and the Commonwealth. The country is ideally located between Europe and other continents and serves as an ideal bridge from where to conduct business.  
Malta offers a permanent residence programme known as the Malta Permanent Residency Programme (MPRP). Residency acquired under this route grants a permanent residence status which allows its holders the right to reside, settle and stay in Malta as well as to travel within the European Schengen Area without a visa.  
 






Country Highlights

CAPITAL CITY: VallettaLANGUAGES: Maltese & English
CURRENCY: Euro €SCHENGEN: Full Member Since 2007 & EUROPEAN UNION MEMBER
TOTAL AREA: 316 km²POPULATION: 441,543
NEAREST COUNTRY: Italy, 255 kmTIME ZONE: Central European Time Zone (UTC+01:00)


Legal Basis

The new Malta Permanent Residence Programme (MPRP) was announced by Parliamentary Secretary Hon Alex Muscat. The proposed regulations under the Immigration Act will provide the ability for applicants with a clean background the right to apply for Maltese residence on the basis of a contribution to Malta, the purchase or rental of property as well as a donation to a registered Maltese NGO.


Benefits

  • Permanent Residence valid for life
  • The right to reside in Malta
  • Property Investment required only for the first 5 years
  • Visa-free travel within the 26 Schengen Area Countries
  • No minimum physical presence required
  • Ability to include the spouse, parents, grandparents and children in the same application. 
     


Eligibility

  • The Malta Permanent Residence Programme is open to non-EU nationals 
  • All the family is eligible. Family applications, include the spouse, parents of both the main applicant and spouse, and children 
  • 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. 
  • Applicants must have a valid travel document 
  • Applicants must have a health insurance covering their presence in Malta
     

Requirements

Applicants under this programme are required to fulfil all of the following three requirements:

 

  1. Pay a Government contribution of €68,000 when an applicant purchases a qualifying property or €98,000 when an applicant rents a qualifying property, and
  2. Rent or Purchase Property in Malta (minimum values apply), and
  3. Make a philanthropic contribution of €2,000 to an approved local registered philanthropic, organisation or an NGO 
     

 


Process & Timeline




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Key Contacts

Dr Jean-Philippe Chetcuti

Senior Partner, Tax & Immigration

+356 22056411

Dr Antoine Saliba Haig

Senior Lawyer

+356 22056446

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