The Malta Permanent Residence Programme (MPRP), provides eligible applicants, who invest in Malta and contribute to its economy, a permanent residency in Malta. This replaces the previous Malta Residence and Visa Programme (MRVP).
- Applicants are granted the right to settle, stay, and reside indefinitely in Malta, which application can include up to four generations, together with the possibility of visa-free travel across the Schengen countries.
- Whether an applicant decides to rent or invest, both options provide the same benefits and last throughout their lifetime.
- Once legally residing in Malta, he/she may apply for a European Long-Term Residence Permit after 5 years.
Eligible applicants for the MPRP include:
- third country nationals, non-EU, non-EEA and non-Swiss;
- do not come from a sanctioned country;
- do not benefit under any other government regulations and schemes;
- are able to maintain themselves and their dependents without having to resort to the social assistance system in Malta.
- show that they have capital assets of not less than €500,000, out of which a minimum of €150,000 must be financial assets;
- has not been indicted before an international criminal court and is not a person listed with the International Criminal Police Organization (INTERPOL) or EUROPOL;
- has not been charged/found guilty of any of the crimes listed in the Act and are fit and proper individuals with a clean criminal record;
- are not, or may not be a potential threat to national security, public policy or public health;
A successful applicant would qualify for residence under the MPRP if he/she:
- Pays a non-refundable administrative fee of EUR40,000 with each application;
- Purchases or rents a qualifying property.
- Purchased property situated in Malta must be valued at a minimum of EUR350,000, or EUR300,000 if the property is situated in Gozo or the South of Malta.
- Rented property situated in Malta must have a minimum lease value of EUR12,000 per year, or a minimum of EUR10,000 if situated in Gozo or the South of Malta.
- Makes a government contribution of €28,000 if purchasing a property or €58,000 if leasing a property, along with an additional fee of €7,500 for each additional adult dependent (except for the spouse);
- Makes a donation of € 2,000 to a Maltese registered non-governmental organization;
Additionally, an applicant would have to hold a valid travel document, as well as a travel insurance when travelling across Schengen. A sickness insurance policy is also required in order to cover all risks across Malta. All applications are subject to due diligence checks made by the Residency Malta Agency.