The prospect of offering your family a life in a politically stable, economically stable, and geopolitically stable European nation can feel daunting. However, with the intelligent and cleverly designed Malta Permanent Residence Programme (MPRP), this can now happen easily! The Malta Permanent Residence Programme (MPRP) allows for permanent residence in Malta for non-EU citizens through an accredited investment, offering a clear and secure route forward.
Malta is a jewel of an archipelago situated in the heart of the Mediterranean, affording not only a beautiful place to live, but also a high standard of living, globally recognised health system, quality schools, and safety. The Malta MPRP is the premier residency by investment Malta option aimed at those interested in a stable long-term relocation and increased global mobility.
Understanding the Malta Permanent Residence Programme (MPRP)
The Malta Permanent Residence Program (MPRP), formerly known as the Malta Residency Visa Program (MRVP), is a government program that is governed by the Residency Malta Agency. The primary aim is to attract foreign direct investment by providing Malta permanent residence status to eligible third-country nationals and their dependents.
The main benefit is that this status is for life, provided that you continue to meet the requirements of the program, which include keeping your property and health insurance in place. Unlike most temporary permits, the MPRP does not have a minimum physical stay obligation, thus allowing investors to manage their global lifestyle while holding a permanent residence card in Europe.
The program is clearly successful given its continuous popularity. Official statistics demonstrate that the program continues to attract considerable interest from a wide variety of applicants, enhancing its status as a favored Malta residence by investment option in the European context, highlighting Malta’s stable location in Europe for international families and high-net-worth individuals.
Financial and Malta Residency Requirements for Applicants
Obtaining permanent residency in Malta via the MPRP process is an easy process that includes the combination of financial contributions, a property investment, and due diligence. Applicants must exhibit that they are ‘fit and proper’ persons, present a clean criminal history, and are not a risk to national security or public policy.
The key financial components are:
Capital Assets Proof: The primary applicant must show that they hold capital assets of not less than €500,000 of which €150,000 must be in financial assets (including liquid funds, stocks or bonds).
Government Contribution: This is a one-time non-refundable fee paid to the Government of Malta:
€28,000 if the applicant chooses to purchase a qualifying property.
€58,000 if the applicant chooses to lease a qualifying property.
(Note: These amounts cover the main applicant, spouse, and minor children. Additional fees apply for adult dependents).
Property Investment: The applicant is required to invest in residential property for a minimum period of 5 years.
Purchase Option: A property valued at not less than €300,000 in Gozo or South of Malta, or €350,000 in the rest of Malta.
Rental Option: A property with a minimum lease of €10,000 annually in Gozo or South of Malta, or €12,000 annually in the rest of Malta.
Charitable Donation: A one-time donation of €2,000 to a local registered philanthropic, cultural, sport, scientific, animal welfare, or artistic non-governmental organisation (NGO).
Health Insurance: Applicants must maintain an all-risks health insurance policy valid in Malta.
These structured options for the Malta Golden Visa ensure that the program is robust and selective, forcing serious high-net worth investors.
The Malta Permanent Residence Process and Timeline
The process for applying for permanent residency in Malta consists of a regulated procedure that needs to be done through a regulated licensed agent (like FRR Immigration). The following is a general overview of the steps constituted within that process:
Preliminary Due Diligence: We will conduct a confidential internal investigation to pre-screen your application and determine that all your personal and financial documentation is in order, prior to submission.
Submission of the Application: The application is formally submitted to the Residency Malta Agency (along with the first administrative fee).
Agency Due Diligence: A thorough multi-level Due Diligence process is undertaken by the Agency on each applicant and dependent (standard approx. time frame of 4 to 6 months).
Approval in Principle: After Due Diligence checks out, you will officially receive an “Approval in Principle” (the remaining administrative fee is then paid).
Fulfillment of Investment Requirements: The applicant has an eight-month window to fulfill all remaining investment obligations, including the government contribution, charitable donation, and the purchase or lease of a qualifying property.
Biometric Submission and Final Review: The applicants must travel to Malta to provide their biometric data. The final compliance checks are performed.
Issuing of Residence Card: After a determined final review, the Malta permanent residence certificate and the five-year residence cards have been issued, confirming your status.
The overall processing timeframe from submission to the issuance of the residence card is usually 6 to 12 months, assuming the applicant’s documentation is detailed and correct.
How FRR Immigration Helps Secure Your Future
FRR Immigration specializes in assisting clients with the complexities of the Malta Permanent Residence Programme as a reputable advisor & licensed agent. We help make the usually complex residency by investment Malta process simpler for you so that you can achieve a successful and facilitated outcome for yourself and your family.
Here is how FRR Immigration assists you:
Pre-Due Diligence Customised: We start with a thorough internal review to flag any potential red flags that will ensure your compliance and significantly boost your chances of a successful application with the Residency Malta Agency.
Regulatory Compliance and Document Review: We thoroughly prepare, review, and notarize all your application forms and supporting documents to ensure each part is compliant with Malta Residency Requirements and the law.
Property Services: FRR Immigration will connect you with real estate partners in Malta that have knowledge of the real estate options you may be renting or purchasing to ensure you correspond with the real estate investment requirements of MPRP.
Financial Structure Advice: We will advise you on the best options for investment in Malta Golden Visa options, based on the purchasing, or rental, investment, as well as how to lend you money for the government contribution itself meaningful ownership of the property.
Communication Agent: As your agent, we will manage all communication and submissions with the Residency Malta Agency and carry out the Malta Permanent Residence Process on your behalf to ensure you have professional representation.
Making a step and becoming a Malta permanent resident is a life-changing decision that requires professional preparation. Partner with FRR Immigration and let us bring the dream of European residence into reality.
Frequently Asked Questions (FAQ)
Q: Does holding Malta permanent residence mean I have a right to work in Malta?
A: Yes, holders of Malta permanent residence have the right to reside, settle, and stay in Malta indefinitely. They may also work or set up a business in Malta, subject to obtaining the necessary work permits and adhering to local employment regulations.
Q: Can I include my parents and adult children in the Malta Permanent Residence Programme application?
A: Yes, the MPRP is highly inclusive. You can include your spouse, children of any age who are principally dependent, and dependent parents and grandparents of both the main applicant and the spouse.
Q: Are there any ongoing minimum stay requirements for my Malta residence by investment status?
A: No, one of the key benefits of the Malta Permanent Residence Programme is that there is no minimum physical presence requirement to maintain your permanent resident status. You are only required to visit to obtain your biometric data and renew your residence card every five years.
Q: How does the Malta permanent residence status help with travel?
A: The Malta residence card grants visa-free travel within the Schengen Area (29 European countries) for up to 90 days in any 180-day period.
Ready to secure your future in the European Union? Contact FRR Immigration today for a confidential consultation on the Malta Permanent Residence Programme.
