MaltaResidency By Investment
- Investment starts from EUR 300,000
- Visa-free travel in the Schengen Zone
- Fast processing
- Low residency requirements
- Family Inclusion
Overview
The Malta Permanent Residency Program (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
The MPRP 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 in Malta, permanent residents can apply for Maltese citizenship by naturalization.
Benefits
Visa-free travel
Healthcare & Education
Safe Haven
High Living Standards
Family Inclusion
Tax Residency
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 | ||
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.