MALTA'S NEW RESIDENCY-BY-INVESTMENT PROGRAMME
Malta’s new residency-by-investment programme does not provide for the purchase of government bonds. The total amount invested will depend on whether the investor buys or rents the property.
- LOYAL REQUIREMENTS
FOR APPLICANTS - LIFETIME STATUS
FOR THE WHOLE FAMILY - STATE
PROGRAM
ABOUT THE MALTA'S RESIDENCY-BY-INVESTMENT PROGRAMME
On March 26, 2021, the Maltese government issued a circular according to which new rules for participation in the Malta’s Residency-by-Investment Programme come into force.
The new programme is called Malta’s Permanent Residency-by-Investment Programme. The Programme provides for two ways to obtain the status of a resident: a full contributions of €98,000 if leasing a property for 5 years, and a reduced contribution of €98,000 if purchasing a property.
It is mandatory to make a donation of €2,000 to a local non-governmental organization (NGO) registered with the Commissioner of Voluntary Organisations. In turn, the requirements to redeem government bonds in the amount of €250,000 and to have a minimum annual income of €100,000 have been cancelled. Issues related to the Programme are regulated by new Residency Malta Agency.
The average application process will take 6 to 8 months from submission of the application package
At the moment, participating in the Malta’s Permanent Residency-by-Investment Programme for investment is the fastest way to obtain this status within the EU.
The Republic of Malta:
Capital: Valletta Time
Zone: GMT+1
Currency: euro
Population: 441,543
Official language: English, Maltese
Maltese Passport Strength Rating: 6th in the world
Freedom of movement indicator: 170 countries
ADVANTAGES OF PERMANENT RESIDENCY IN MALTA
STAGES OF OBTAINING THE STATUS
SIGNING THE AGREEMENT
PREPARATION AND SUBMISSION
CONSIDERATION OF THE APPLICATION
GRANTING OF RESIDENCY
* Details of how we handle your personal data can be found in the section «Migration Group Privacy Policy«
THE GENERAL CONDITIONS OF THE MALTA'S RESIDENCY PROGRAMME
THE COST OF REGISTRATION OF A FAMILY – FROM €130,000
IT IS NOT REQUIRED TO RESIDE IN MALTA
Maltese permanent residency permit does not lead directly to obtaining a Maltese passport, as there is a special naturalisation procedure for this purpose for exceptional merit through direct investment.
However, this status is granted indefinitely (it does not need to be renewed) and entitles the applicant and his family members to visa-free entry to Schengen states, allows them to live and visit Malta without any obligation, and to apply for citizenship after 5 years, provided they live in the country.
In this case, the applicant will be subject to the standard naturalisation procedure, which includes a language test.
REQUIREMENTS FOR THE APPLICANT FOR PERMANENT RESIDENCY IN MALTA
THE COST OF OBTAINING PERMANENT RESIDENCY IN MALTA
INVESTMENT REQUIREMENTS FOR MALTA'S NEW PERMANENT RESIDENCY-BY-INVESTMENT PROGRAMME
- Purchase a property for a minimum value of €300,000 (Gozo) or €350,000 (in the rest of Malta);
- Rent a property for a minimum annual price of €10,000 (Gozo) or €12,000 (in the rest of Malta);
- It is necessary to show possessing of capital assets of not less than €500,000, out of which a minimum of €150,000 must be financial assets;
- Administrative fee fee – in the amount of €68,000 if leasing a property for 5 years, and a reduced contribution of €98,000 if purchasing a property;
- A donation of €2,000 to a local NGO
- Spouse – €7,500;
- Children aged over 18 years – €5,000;
- Parents– €7,500;
- Grandparents– €7,500
*Please note: an initial administrative fee of €10,000 is required to start the application process. After receiving the letter of approval in principle, an additional €30,000 of administrative fee must be paid within 2 months. The rest of the amount of money (the total amount will depend on whether you are buying or renting the property) is paid over the next 8 months.
COMPARISON OF REQUIREMENTS OF THE PREVIOUS AND NEW MALTA'S NEW RESIDENCY-BY-INVESTMENT PROGRAMMES
- Purchase of government bonds – €250,000;
- purchase a property for a minimum value of €270,000 (Gozo) or €320,000 in the rest of Malta;
- Rent a property for a minimum annual price of €10,000 (Gozo) or €12,000 (in the rest of Malta);
- Annual incomefor an amount of at least €100,000 received outside Malta;
- Own capital of at least €500,000 (for a year or more until the time of submission);
- Administrative fee – €30,000
- Purchase a property for a minimum value of €300,000 (Gozo) or €350,000 in the rest of Malta;
- Rent a property for a minimum annual price of €10,000 (Gozo) or €12,000 (in the rest of Malta);
- It is necessary to show possessing of capital assets of not less than €500,000, out of which a minimum of €150,000 must be financial assets;
- Administrative fee – in the amount of €68,000 if leasing a property for 5 years, and a reduced contribution of €98,000 if purchasing a property;
- Donations of €2,000 to a local NGO
- Spouse – free;
- Children aged over 18 years – free;
- Parents – €5,000;
- Grandparents – €5,000
- Spouse – €7,500;
- Children aged over 18 years – €5,000;
- Parents – €7,500;
- Grandparents – €5,000
*PLEASE NOTE:
purchase of government bonds worth €250,000 is a returnable investment After 5 years, these securities can be sold and the funds returned. Malta’s New Residency-by-Investment Programme does not provide for returnable investments.
COST OF MALTESE RESIDENCY PERMIT
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| Grounds | One person (investor) | Investor + spouse | Investor + spouse + child |
|---|---|---|---|
Purchase of property + administrative fee | under the new Programme: from €370,000 | under the new Programme: from €377,500 | under the new Programme: from €382,500 |
| under the previous Programme: from €550,000 (of which €250,000 are returnable investments) | under the previous Programme: from €550,000 (of which €250,000 are returnable investments) | under the previous Programme: from €550,000 (of which €250,000 are returnable investments) | |
Leasing a property + administrative fee | under the new Programme: from €150,000 | under the new Programme: from €157,500 | under the new Programme: from €162,500 |
| under the previous Programme: from €330,000 (of which €250,000 are returnable investments) | under the previous Programme: from €330,000 (of which €250,000 are returnable investments) | under the previous Programme: from €330,000 (of which €250,000 are returnable investments) |
*PLEASE NOTE: the procedure and amount of payments to the licensed programme agent are negotiated privately.
Together with the principal applicant, a Maltese residency permit may be obtained by the following persons:
- Spouse
- Minor children
- Adult children, if they are not married and are dependents of the main applicant
- Children, regardless of their age, with mental or physical disabilities
- Parents and grandparents of both spouses
- Letter of recommendation from an accredited programme agent (original copy);
- Power of attorney (original or notarized copy);
- Completed forms MRVP1 (for the main applicant) and MRVP4 (for dependents) – originals;
- Notarized copy of Global residence (consent form) – if one of the biological parents does not apply for residency, he/she must sign the relevant consent form for his/her child to participate in the programme (a copy of all passport pages that are available must be attached to the filled-in form);
- If the participant of the Programme acts as the sole guardian of the child, then he/she is obliged to provide an appropriate court decision;
- Original copies of the MRVP2 form for each family member;
- The Health Status Form (MRVP3) for each family member (notarized copies of the passports of each of the applicants, as well as a copy of the doctor’s license or the doctor’s number must be attached to the original copy of this form, which is filled in by a licensed doctor);
- The results of the security check (original documents);
- Documents proving financial wealth (original copies);
- Original or notarized copy of the bank statement (must reflect activities in the principal applicant’s account during the 3-4 months prior to application);
- Notarized copies of documents confirming ownership of the business (for the main applicant);
- Employment documents (if the main applicant is an employee, he/she must submit an employment contract, receipts for wages, tax payment certificate, a letter of recommendation from the employer, etc.);
- The original declaration from the main applicant confirming the stable source of his/her income;
- Notarized copies of all pages of the internal passport;
- Notarized copies of the ID card, if available;
- Notarized copies of the temporary residence card (for everyone);
- Notarized copy of the birth certificate (for everyone);
- Notarized copy of the name change document (if available);
- Notarized copy of the military ID (if available);
- Notarized copy of the marriage certificate (if available);
- Notarized copy of the divorce certificate (if available);
- Notarized copy of the document confirming the place of residence (for everyone);
- Original police certificate of residence (for everyone except children under 12 years of age);
- Notarised and witnessed declaration of intent of the principal applicant to maintain all dependents named in the application.
* Details of how we handle your personal data can be found in the section «Migration Group Privacy Policy«.
WHY CHOOSE MIGRATION GROUP?
Migration Group has the lowest refusal rate (less than 15 per cent). We have been working since day one of Malta’s immigration programmes.
Support and assistance at every stage of the registration process and beyond.
In the first instance, we take all measures to avoid refusal. We have processed 17 applications with 8 refusals.
- WE CAREFULLY ANALYZE THE SITUATION ACCORDING TO THE REQUIREMENTS OF EACH CLIENT
- WE ACCOMPANY AND SUPPORT THE CLIENT DURING THE ENTIRE PROCEDURE OF OBTAINING THE STATUS
- SELECT THE NECESSARY PROGRAMME
- WE PROVIDE SUPPORT AND ASSISTANCE AFTER IMMIGRATION
CYPRUS
Permanent Residency
Investment of €500,000 in property (you need to own the property for at least 5 years)
The period of receipt is 6-8 months
MALTA
Permanent Residency
It is required to pay an administrative fee in the amount of €68,000
Purchase a property for a minimum value of €300,000 or leasing a property for a minimum value of €10,000
Make a donation a donation of €2,000
The period of receipt is 6-8 months
GREECE
«GOLDEN VISA»
Investments from €250,000 (returnable), issuance of a residency permit for 5 years
Permanent Residency can be issued 5 years after the residency permit
The period of receipt is ‑1-3 months
FREQUENTLY ASKED QUESTIONS
The Maltese Residency-by Investment Programme regulations stipulate the following fee structure: an initial administrative fee deposit of €10,000 to start the process; a portion of the administrative fee amounting to €30,000 to be payable within 2 months of receipt of the letter of approval in principle of the application; the remainder of the fee (€28,000 for the purchase of housing or €58,000 for the leasing of a property) to be paid within the next 8 months. The procedure and amount of payments to the licensed programme agent are negotiated privately.
Программой ПМЖ Мальты за инвестиции предусмотрены следующие сборы за присоединение к заявке членов семьи: супруг(-а) – 7 500 евро; несовершеннолетние дети – 5 000 евро; родители обоих супругов – 7 500 евро; прародители обоих супругов – 7 500 евро.
Эксперт в инвестиционной иммиграции
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Поможем выбрать оптимальную инвестиционную программу
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