MALTA PERMANENT RESIDENCE PROGRAM

Residency | Access To Schengen Area

The Malta Residence Visa Programme (MRVP), is administered by the Malta Residency Visa Programme Agency (MRVA) and regulated by the Maltese Immigration Act (Cap. 217)and the Malta Residence and Visa Programme Regulations, 2015 (L.N. 288 of 2015).

Changes Expected in H1 2021.

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  • Mobility
    Access to Schengen Area
  • Minimum Capital Outlay
    € 180,000
  • Application Processing Time
    ~ 7 Months
  • Physical Presence
    Recommended
  • Qualifying Criteria
    Investments required include Real Estate and Stock Exchange Instruments;
  • Pre-requisites
    Main applicant must be at least 18 years of age;
    Annual income of EUR 100,000 or Assets of EUR 500,000;
    Clean personal background with no criminal record;
    In good health with full EU medical insurance;

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 Residence Visa Programme (MRVP) grants permanent residency in Malta, together with the ability to travel freely within the 26 member-states of the Schengen area.

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 yet 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 Maltese residence through the MRVP, a minimum investment in real estate of EUR 270,000, or a minimum annual lease value of EUR 10,000 is required. Additionally, a minimum investment of EUR 250,000 in government bonds, must be made and retained for a minimum of 5 years.
 
Government-related administrative fees start from EUR 30,000 for a single main applicant and an additional EUR 5,000 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 330,137.50. This excludes 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.