Malta
Permanent Residency In Malta
Malta is a very attractive location for private residence. The island nation enjoys a stable political climate and is strategically located, with excellent air links. The Malta Permanent Residency Program (MPRP) is a direct permanent residency program based on investments in property and government contributions. It offers non-Maltese persons the possibility of acquiring an EU residence card that offers visa-free travel within Europe’s Schengen Area. With the following benefits, MPRP stands out among other programs in Europe.
If you are looking for immigration consultants that can help you acquire Permanent Residency in Malta, GMRS Consultants is who you need to consult. We are a trusted immigration consultancy that can provide you with expert guidance, documentation support, and application process management. Individuals planning to immigrate to Malta are also offered Multilingual support, legal assistance, and post-approval support.
Malta Permanent Residency Program Benefits
- EU residence card granting visa-free travel across Schengen Area
- Right to reside indefinitely in Malta
- Investment required only for first five years
- No stay requirement
- Family members included
Malta Permanent Residency Program Benefits
1. Visa-Free Travel With EU Residence Card
The Malta Permanent Residency program provides applicants with an EU residence card, which allows them visa-free travel across the Schengen area, including 26 European countries. This simplifies travel logistics, enhances the convenience of short trips, and opens up opportunities for business expansion and cultural exploration. Being a valuable asset for individuals, this EU card offers a strategic advantage to applicants seeking flexibility and mobility within Europe.
2. Right To Reside Indefinitely In Malta
With this program, individuals have the right to reside indefinitely in Malta, offering them a secure and stable living environment. This status also allows them to access quality education, a favorable tax regime, and healthcare.
3. Limited Investment Period Of Five Years
One of the main benefits of acquiring a Permanent Residency in Malta is that the financial commitment is limited to five years. Under this commitment, the applicant has to invest in properties, donate to an NGO (or government-approved fund), and make a government contribution for the assigned time period. After the completion of this five-year period, the applicants are no longer obliged to make additional investments to maintain their residency status.
4. No Mandatory Stay Requirement
Applicants who are planning to immigrate to Malta do not have a mandatory stay requirement, which allows them to retain their permanent residency status without spending time there. This flexibility is highly beneficial for individuals who cannot stay due to their personal or professional commitments in other countries.
5. Inclusion Of Family Members
Another appealing benefit is the inclusion of immediate family members like spouses, children, parents, and grandparents in this program. This enables their family members to enjoy the benefits of Maltese residency, which includes healthcare, education, and a secure and convenient lifestyle, along with bringing peace of mind to the applicant. This offers the perfect solution for individuals seeking to relocate or establish their business in Europe while knowing that their family is benefiting from the island’s favorable living conditions and stable environment.
Malta Permanent Residency Program
• You must be a citizen of non-EU, non-EEA, and non-Swiss.
• One should have regular & stable financial resources, sufficient to maintain themselves and their family.
• One must have a minimum net worth of Euro 500,000 out of which a minimum of €150,000 must be financial assets.
• Medically fit individuals and have must not have any criminal record.
• Non-refundable 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.
• Government contribution of €28,000 if purchasing a property or €58,000 if leasing a property.
• Pay an additional €7,500 for each additional adult dependent (except for the spouse).
• hold the qualifying property for a minimum period of 5 years after which a residential address is required;
• Donation Contribution of €2,000 in designated parties/organizations.
• Medical insurance policy of covers all risks across Malta & Schengen.
