Malta Permanent Residence Program (MPRP)
Malta, the smallest European Union member state, is an island of stability with a welcoming innovative mindset and a proven record of economic success. Malta enjoys a stable political climate he ideally located in the center of the Mediterranean Sea and acts as a perfect bridge between Europe and other continents. Malta has been a member of the European Union since 2004 and of the Schengen Area since 2007.
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Residency obtained under this program grants a Maltese permanent residence permit which allows its holders the right to reside, settle, and stay in Malta as well as to travel visa-free within the European Schengen Area.
Features
- Permanent Residence from day one for life, no need for renewal.
- The right to reside indefinitely in Malta
- Investment required only for the first 5 years
- Visa-free travel within Schengen Area
- No minimum physical presence required to maintain immigration status
- Ability to include the spouse, parents, grandparents and children in the same application.
- Malta is an English speaking country
Eligibility
- The Malta Permanent Residence Program is open to non-EU nationals
- All the family is eligible including the spouse, parents of both the main applicant and spouse, and children
- Applicants need to provide evidence that they hold at least five hundred thousand euro (€500,000) in capital, out of which one hundred and fifty thousand euro (€150,000) should be in the form of financial assets.
- Applicants must have a valid travel document
- Applicants must have a health insurance covering their presence in Malta
Requirements
Applicants under the Malta Permanent Residence Program are required to fulfill the following requirements:
- Pay a Government contribution of €68,000 if the applicant purchases a qualifying property or €98,000 if the applicant rents a qualifying property, and
- Rent a property for at least €10,000/year or purchase a property for at least €300,000, and
- Make a donation of €2,000 to any local registered philanthropic organization (cultural, sport, scientific, animal welfare, etc.).