Located at the heart of the Mediterranean Sea, Malta boasts high quality of life, excellent climate, friendly people and one of the lowest crime rates in the world. It is an attractive place to live in or possess a realty with convenient air links. Maltese residency by investment scheme or Malta Residency and Visa Program (MRVP) was operational since 2016 and it was replaced with the Malta Permanent Residency Program (MPRP) in March 2021.
CITIZENSHIP BY INVESTMENT
- Free movement through Schengen Zone,
- Member of the EU and Schengen Area
- Access to one of the best health care and educational systems;
- No residency requirement;
- Right to reside indefinitely in Malta;
- Investor can include family members in the MPRP application;
Successful applicants of the Malta Permanent Residency Program can obtain a permanent resident status in Malta. The new MPRP is administered by the Residence Malta Agency, which has replaced the previous Malta Residency Visa Agency (MRVA).
In order to qualify for the program, the applicant must have at least €500,000 in assets of which €150,000 should be in financial assets. Applicants are also required to be at least 18 years of age, be in a good health and non-EU national. They have to pass stringent due diligence and proof the legal origins of investment funds.
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.
After 5 years of continuous reside in Malta permanent residents can apply for Maltese citizenship by naturalization.
Preparation and submission of the application documents to the Residence Malta Agency
Review of the application by the Residence Malta Agency and other Maltese authorities; performing due diligence and background checks
Submitting proof of health insurance coverage and fulfill the investment requirements
Visit Malta to give the biometrics and submit application for the permanent residency
Issuance of the permanent residency certificate and ID card