Migration, Residency & Citizenship

MaltaResidency By Investment

malta-residency-by-investment

Overview

The Malta Permanent Residence Programme (MPRP), often referred to as the Maltese ‘Golden Visa’ program, was launched in March 2021. It offers foreigners the opportunity to obtain residency in this EU-member country in exchange for a real estate investment and donations. The MPRP is administered by the Residence Malta Agency.

Eligibility Criteria

MPRP applicants are required to be at least 18 years old, be a non-EU national and in good health. They have to pass stringent due diligence and proof the legal origins of investment funds. Main applicants have to submit an affidavit confirming that, as of the application date, they possess capital amounting to no less than EUR 500,000, with at least EUR 150,000 of this in the form of financial assets.

Family Inclusion

Malta residency by investment program is available to couples, their children, and to parents and grandparents of any age on both sides of the family. It is possible to add other dependents at a later stage of application.

Permanent Residency & Citizenship

Residency obtained through the MRVP is granted for life. However, ID cards must be renewed every five (5) years. After five years of continuous residence by investing in Malta, permanent residents can apply for Maltese citizenship by naturalization.

Benefits

Visa-free travel

Visa free access to Schengen Zone for three (3) months within a 6-months period.

Healthcare & Education

Access to premium healthcare and education throughout the EU after obtaining a residence permit in Malta.

Safe Haven

Acquire the indefinite right to live, work, and conduct business in Malta, known for its secure environment and stability.

High Living Standards

Maltese people enjoy secure environment and high-quality lifestyle.

Family Inclusion

Four generation of family can be included in the Malta ‘Golden Visa; application, including a investor and a spouse, children, parents and grand-parents.

Tax Residency

Opportunity to establish tax residency in Malta after physically residing in the country for more than 183 days per year.

Investment & Donation Options

Investment in a real estate

  Non-refundable contribution to the special government fund   The South of Malta or Gozo  Elsewhere in Malta 
Buying a Realty  At least EUR 28,000, plus EUR 7,500 per parent  at least EUR 300,000  at least EUR 350,000 
Renting a realty  At least EUR 58,000, plus EUR 7,500 per parent  the annual rent value should be at least EUR 10,000  the annual rent value should be at least EUR 12,000  
Administration Fee  EUR 40,000 
A non-refundable donation to a non-governmental organization registered in Malta  EUR 2,000 
Applicants have to cover medical insurance and other legal and processing fees (translations, notary services, etc.) associated with the application. The investment must be kept for at least five (5) years, after which it turns re-salable.

Application Process

Bayat Legal Services’ compliance team will conduct an internal due diligence check, which entails a background security screening of the applicant, Preparation of KYC (Know Your Client) and a qualification assessment.
Bayat Legal Services will meticulously analyze the client's application. Once this is done, the client will proceed to sign a retainer agreement with the firm. Subsequently, Bayat Group will curate a customized list of necessary documents – recognizing that each client's situation is unique – to facilitate the application preparation process.
The application for the Malta Golden Visa, along with all the necessary documentation, will be submitted to the Residence Malta Agency.
The Residence Malta Agency and other Maltese authorities perform due diligence and background checks.
After getting approval-in-principle, applicants must make their qualified investment and open a bank account in Malta to streamline future financial transactions related to the application.
The processing time for the Malta Golden Visa applications can vary, but generally lasts 2-3 months. Successful applicants will be issued the permanent residency certificate and ID cards. Visit to Malta is necessary to give the biometrics information.
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