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Malta - Permanent Residence Programme (MPRP)
The MPRP is a residency-by-investment programme based on investments in property and government contributions. It is designed for non-EU, non EEA, Non-Swiss nationals who wish to reside in Malta indefinitely.
Here are some key features of the MPRP and associated benefits:
- Eligibility: The applicants must meet certain eligibility criteria including a thorough due diligence exercise, which makes Malta a prestigious program.
- Access to healthcare: Participants in the MPRP are entitled to access to the Maltese healthcare system.
- Right to work: Participants in the MPRP are entitled to work in Malta, subject to obtaining the necessary work permits.
- Travel to Europe: The participants enjoy Visa-free travel across Schengen, 90 out of 180 days;
- Real Estate: The applicant will be able to penetrate Malta’s affordable real estate market;
- Family inclusion: The applicant can include up to four generations in the application.
- Application process: To apply for the MPRP, individuals must submit the required documents and application forms to the Maltese authorities. The process typically takes around 4-6 months.
Program and Applicant eligibility requirements
- The applicant must be non-EU, non EEA and non-Swiss
- The applicant must submit the application from via a Malta licensed agent
- The applicant must be a ‘fit and proper person’ that will undergo a thorough due diligence exercise. He has to have a clean criminal record and not hailing from any sanctioned countries
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Property investment and management
- Purchase of a property for a minimum value of Eur300,000 in the South of Malta/Gozo or EUR350,000 in the rest of Malta.
- Rent of a property for a minimum of Eur10k in the South of Malta/Gozo OR Eur12k in the rest of Malta
- The applicant has to hold the qualifying property for a minimum period of 5 years.
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Financial Resources and Assets
- 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;
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Government contributions and fees
- Pay a non-refundable administrative fee of €40,000
- Pay a government contribution of €28,000 if purchasing a property or €58,000 if leasing a property;
- 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.
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Inclusion of family members
- If the applicant decides to include the family members in the program, he has to pay an additional Eur7,500 for each additional adult dependant (except for the spouse).
