MALTA PERMANENT RESIDENCE PROGRAM

Residence | Access To Schengen Area

The Malta Permanent Residence Programme (MPRP), is administered by the Residency Malta Agency (RMA) and regulated by the Maltese Immigration Act (Cap. 217) and the Malta Permanent Residence Program Regulations, 2021 (L.N. 121 of 2021).

Malta

Malta is a southern-European island country, with a population of circa 475,000. Its capital is Valletta, and the official languages spoken are Maltese and English, whilst Italian is also widely spoken. Malta adopted the euro as its official currency in 2008.
 

As one of the strongest, fastest growing economies of the European Union and the Eurozone, Malta repeatedly positions as one of the top relocation destinations in the world, given its employment, business and lifestyle opportunities. Malta’s economy is broadly diversified, from microchip production to financial services, from highly specialised currency printing to digital gaming, from tourism to blockchain or ‘Virtual Financial Assets’ related enterprises, with Malta being the first country in the world to regulate this sector.

Benefits

The Malta Permanent Residence Program (MPRP) grants permanent residency in Malta, together with the ability to travel freely within the 26 member-states of the Schengen area.

Whilst permanent residence in Malta does not necessarily give rise to tax advantages, the Maltese Government has created a business-friendly environment, supported by a transparent, fully onshore, yet remarkably competitive tax system, which is backed by over 60 Double Taxation agreements and allows for rates as low as 5% on corporate tax. This is strengthened by the presence of a highly professional financial services sector and a strong regulator which ensures the provision of high-quality advice in matters pertaining to international tax systems.

COMMITTMENT

To apply for permanent residence in Malta through the MPRP, applicants need to choose one of two options. A first option is to invest a minimum of EUR 300,000 in real estate, and pay a contribution of EUR 28,000 to the government. A second option is to rent a property with a minimum lease value of EUR 10,000, and pay a contribution of EUR 58,000 to the government. Additionally, a donation of EUR 2,000 to a registered charity organisation is required.
 
Government-related administrative fees start from EUR 40,000 for a single main applicant and an additional EUR 7,500 per parent or grandparent of the main applicant or spouse. A further EUR 137.50 is required for the issuing of the residence card.
 

This means that the minimum total capital outlay for a single applicant, would amount to circa EUR 100,137.50. This excludes the cost of the annual lease and service providers’ professional fees.

Our Process

1-qualification

1. Qualify

The CIVIQUO™ process starts by filling in our qualification questionnaire. The questionnaire is a simple online form which helps us to gather all your requirements, whilst ensuring that the essential criteria are met.

immigration quotes

2. Receive Quotes

Our team will use the information you provide to find the best quotes in the market for you. Our growing international network of immigration professionals, means that we can provide the best quotes in the market, for any residency or citizenship programme, anywhere in the world.

3-confirmation

3. Confirm

We will send you the quotes and once you have identified a quote which best suits your needs, our team will reconfirm expectations on both sides, a client agreement is signed, and a deposit payment is made.

residency application

4. Application Process

Your chosen service provider, will work with you to start compiling the application. Our concierge-style support will ensure that the process of compiling the application is as smooth as possible.

5-outcome

5. Outcome

Once an application has been submitted, the government authorities review the application and communicate the outcome. This period of time varies depending upon the programme, but it may be used to further explore what opportunities will become available once residency or citizenship are attained.

permit renewal

6. Renewal & Support

Some residency and citizenship programmes require compliance monitoring, and/or renewals, and together with our service providers, we will make sure that any renewals, or other interventions are done on time, and accurately. Even after this, the CIVIQUO team remains at your service.