MaltaResidency By Investment

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

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

Step 1 : Internal Due Diligence and Qualification Assessment

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.

Step 2 : Study the Application and Agreement Signing

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.

Step 3 : Application Submission

The application for the Malta Golden Visa, along with all the necessary documentation, will be submitted to the Residence Malta Agency.

Step 4 : Application Review

The Residence Malta Agency and other Maltese authorities perform due diligence and background checks.

Step 5 : Investment and Opening Bank Account

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.

Step 6: Residence Permit Issuance

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.