Malta Permanent Residence Programme (MPRP)
Malta Permanent Residence Programme (MPRP)
The MPRP is a clearly structured residencybyinvestment programme based on investments in property and government contributions. The success of the Programme lies in the allround value it offers individuals and families wishing to make Malta their home away from home. This success is driving evergrowing numbers of application submissions which, at present, is affecting our original promise of a 4 to 6 month processing time from the submission of a complete and correct application.
Benefits of the Malta Permanent Residence Programme (MPRP)
- have the right to settle, stay and reside permanently in Malta;
- enjoy Visafree travel across Schengen, 90 out of 180 days;
- penetrate Malta’s affordable real estate market;
- may include up to four generations in an application;
Residence by Investment
- Minimum assets: €500,000
- Minimum investment: €70,000
- Application processing time: 1-3 months
- No work permit is provided
Other programmes
Eligibility and requirements
To be eligible for the Malta Permanent Residence Programme, applicants should:
- be third country nationals, nonEU, nonEEA and nonSwiss;
- not hail from sanctioned countries, as announced from time to time by 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 dependants, without recourse to the social assistance system of Malta;
- show they have capital assets of not less than €500,000, out of which a minimum of €150,000 must be financial assets;
- be fitandproper individuals and have a clean criminal record;
- not pose any potential threat to the national security, public policy, public health or public interest;
- submit an application via a Licensed Agent;
- pay a nonrefundable 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 €7,500 for each additional parent or grandparent of the Main Applicant and/or spouse who is principally dependant on the Main Applicant;
- 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 Organisations;
- 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.