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Residency & Golden Visa Program of Malta
Overview of Malta
Malta is a stunning archipelago known for its friendly inhabitants, delightful weather, numerous beaches, and rich history and culture. The archipelago consists of seven islands, with the three largest being inhabited. Positioned 93 km south of Sicily, Italy, and 288 km north of North Africa, Malta enjoys a warm Mediterranean climate. The capital city is Valletta, a historic city dating back to the 16th century. Malta has a population of 525,000 people. The island nation is in the Top10 of the most densely populated countries in the world.
Language
Maltese & English
Currency
Euro
Total Area
316 km2
Capital
Valletta
Government
Parliamentary Republic
Population (2024)
525,285
Residency & Golden Visa Program of Malta
The Malta Permanent Residence Program, introduced on March 27, 2021, allows non-EU foreign investors to acquire a valid European residence permit swiftly and legally. Successful applicants, along with their families, gain the right to permanent residence in Malta and unrestricted travel within all Schengen countries, subject to meeting specific conditions.
The program entails a prescribed contribution to the Maltese government, a qualifying investment within the country, and a minimum donation to an approved NGO in Malta. Investors may apply for Maltese citizenship after residing continuously in Malta for a minimum of 5 years. To qualify for the program, investors must demonstrate possession of assets totaling €500,000, with €150,000 in the form of financial assets.
Which Family Members Can Be Added in the Same Malta Golden Visa Application?
- Spouse or partner
- Dependent children under the age of 18
- Unmarried dependent children between the ages of 18 and 26
- Dependent parents and grandparents
Benefits of Malta Residency & Golden Visa
The Malta Golden Visa program, namely Malta Residency by Investment (MPRP), provides an affordable pathway to permanent residency for families desiring to reside in a European country. This option is especially appealing to investors who wish to encompass multiple generations within a single application. The program permits the inclusion of the main applicant’s spouse, unmarried dependent children, as well as parents or grandparents on both sides of the family.
- Visa-free access to all Schengen countries, allowing a stay of 90 days out of a 180-day period
- Receipt of a residency card and a certificate valid for a lifetime
- Access to numerous business opportunities
- Investors and their dependents, spanning up to 4 generations, can reside, work, and study in Malta indefinitely
- Availability of an affordable real estate market
- Potential for naturalization as Maltese citizens after 5 years of residency
Malta Permanent Residency
To be eligible for the Malta Permanent Residence Program, investors must fulfill the following criteria:
- Invest at least €98,000 into a government-approved fund (if the investor buys a property instead of renting, then the amount is €28,000)
- Donate at least €2,000 to a registered NGO in Malta
- Rent a home in Malta for at least €10,000 per year for the next five years (Alternatively, the investor can buy a property for a minimum value of €300,000 in the South of Malta/Gozo or €350,000 in the rest of Malta)
The total investment amount is at least €150,000.
There is no need to live in Malta to keep permanent residence status.
How to Qualify for the Malta Golden Visa?
- Applicants must be 18 years of age or older
- Investors must be a third-country national – not an EU/EFTA citizen
- Applicants must have no criminal record
- Investors must have a certification of good health from a reputable health care system
- Applicants must have capital assets of not less than €500,000 out of which a minimum of €150,000 must be financial assets
- Investors must be in possession of adequate health insurance
Citizenship and Passport of Malta
Malta is ranked as the second safest country in the world according to the World Risk Report and offers its citizens a first-class health service, a top educational system, and an excellent climate. Fitch has rated it as one of the fastest-growing economies globally. It is politically and economically stable, offering investors excellent business opportunities.
Applicants will obtain permanent resident status and become eligible for naturalization as Maltese citizens after five years. Additionally, it is possible to acquire citizenship through investment.
Reach us to learn all about Malta Program, Application Details and Visa-Free Countries
Over the past several years, the Maltese government has successfully worked on expanding its list of visa-free countries.
FAQ’s About Residency & Golden Visa Programs of Malta
Do applicants have to use a licensed agent?
Individuals who wish to submit an MPRP application must do so with the assistance of Malta-licensed Agent.
Who can the main applicant include as dependents?
The main applicant can include:
- Spouse or partner
- Dependent children under the age of 18
- Unmarried dependent children between the ages of 18 and 26
- Dependent parents and grandparents
Can I travel in Europe with a Malta Golden Visa?
After you obtain your Malta Golden Visa, you are free to travel anywhere in the EU without a visa.
Could I lose my Malta Golden Visa?
You could lose your Malta Golden Visa if:
- You obtained it illegally in the first place.
- You provided fraudulent information during your application.
- You withdraw your investment.
- You no longer meet the requirements of the initial investment.
Can an applicant ever apply for the acquisition of Maltese citizenship by naturalization?
Yes, an applicant can apply for Maltese citizenship by naturalization after residing in Malta continuously for a minimum period of 5 years. The applicant should have been a resident in Malta throughout the 12 months immediately preceding the date of application and for at least 4 years out of the preceding 6-year period. Additionally, the applicant must be proficient in spoken and written English and Maltese, of sound mind, and exhibit good conduct.
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Other Golden Visa Programs
Portugal Golden Visa
Portugal residency program is one of the most sought-after due to the ability to apply for citizenship after 5 years without the need to reside in the country.
Cyprus Golden Visa
Spain Golden Visa
Spain residency program is known for its flexibility to applicants who wish to maintain their residency permit in Europe without living or visiting the country.
Greece Golden Visa
Greece Residency program is known for offering the lowest cost residency among the European residency by investment programs.