The Malta Permanent Residence Programme Regulations of 2021 and further amended by Legal Notice 57 of 2024 and Legal Notice 57 of 2024 are intended to attract Non-EU nationals who wish to take up permanent residence in Malta for various reasons. When considering jurisdictions for a second home, families look for a safe and stable country, high quality of life, access to healthcare and opportunities of education for their children.
Malta Permanent Residence Programme Regulations
The scope of the Malta Permanent Residence Programme Regulations is to prescribe in accordance with the Malta Immigration Act, the requirements and administration of the granting of Maltese Permanent Residency on the basis of investment. The MPRP is based on three different investment requirements, being an investment in residential property, a government contribution and a charity donation. The success of the programme lies in the fact that it grants permanent residence for life.
Malta Permanent Residence Programme: Benefits
These are the main benefits of the Malta Permanent Residence Programme
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- All the family members achieve permanent residence for life. May include up to four generations in one application.
- All the family members have the right to reside, settle and work in Malta
- Dependant children up to 28 years of age, parents and grandparents can be included with no age restrictions
- The Permanent Residence status is effective immediately on approval
- All the family obtains Visa Free access to the Schengen Zone
- The Permanent Residence status does not require a minimum physical stay in Malta
- The investment is only required after approval
- No language or cultural test
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Eligibilty Criteria for Malta Permanent Residence
Main eligibility requirements for Permanent Residence in Malta:
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- All the applicants need to be non-EU nationals.
- The main applicant needs to declare and provide evidence that s/he is in possession of assets having a value of not less than €500,000 out of which a minimum of €150,000 shall be in the form of financial assets. As an alternative, the applicant can show a capital of €650,000 with at least €75,000 in financial assets.
- Applicants who are citizens or who have close ties with Afghanistan, Belarus, North Korea, Iran, Democratic Republic of Congo, Russia, Somalia, South Sudan, Sudan, Syria, Yemen, Venezuela, Russia and Belarus are ineligible to apply for MPRP.
- The bought or rented qualifying property may not be shared with or sub-let to third parties and needs to be held for five years.
- The applicant is to be a fit and proper person and must submit a recent police clearance certificate issued from the country/ies of nationality and country/ies of residence.
- The applicant should not be of any potential threat to the national security, public policy or public health.
- The applicants should be covered by a health insurance covering them in Malta.
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Malta Permanent Residence : Financial Requirements
Pay a one-time application fee to the government
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- €110,000 when renting a property OR
- €80,000 if purchasing a property
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Rent or buy a property in Malta
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- Rent a property in Malta or Gozo and spend at least €14,000 per year OR
- Buy a property in Malta or Gozo for at least €375,000
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Pay a donation
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- Pay a donation of €2,000 to a local registered philanthropic, cultural, sport, scientific, animal welfare or artistic NGO.
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Applicants must pay an additional €10,000 for any dependnats added to the same application
Malta Permanent Residence: Additional Family Members Application
An MPRP main applicant can add the following dependants on the same application:
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- Spouse or Long-term partner
- Dependant children up to the age of 28, who are unmarried and financially dependent on the main applicant.
- Dependant parents of any age, who are financially dependent on the main applicant.
- Dependant grand parents of any age, who are financially dependent on the main applicant.
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Process Timeline – Malta Permanent Residence Application
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- The applicant prepares the necessary documentation and official forms for all the family with the help of their Licensed Agent
- The Licensed Agent submits the MPRP application for the family
- The Government Agency is committed towards a processing time of around 6-12 months from application submission.
- The applicant receives the In Principle Approval requesting the contribution payment, making the philanthropic donation and choosing the property to rent or purchase.
- The applicants will then visit Malta for the biometrics to be taken in order for their residence card to be issued.
- An application under The Malta Permanent Residence Programme (MPRP) may only be submitted to the Residency Malta Agency through the services of a licensed agent.
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