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Malta Permanent Residence Program

A summary of the "Malta Permanent Residence Programme (MPRP)

Introduction
Are you searching for a place to call home in the heart of the Mediterranean? Look no further than the esteemed Malta Permanent Residence Program. With its remarkable features and enticing benefits, this program has become a sought-after avenue for individuals seeking a permanent residence status in the beautiful island nation of Malta. Malta, a Mediterranean island nation renowned for its rich history, stunning landscapes, and vibrant culture, might just become your new home!

Let's dive into the depths of the Malta Permanent Residence Program and explore the incredible possibilities it offers.

Benefits of the Malta Permanent Residence Program
The Malta Permanent Residence Program opens up a world of opportunities for its participants. Here are some of the remarkable benefits awaiting those who embark on this transformative journey:

Residence in a Stunning Mediterranean Paradise: With the Malta Permanent Residence Program, you can enjoy the beauty of Malta's breathtaking landscapes, vibrant culture, and rich history. Make the Mediterranean your permanent home and experience the charm of island living.

Visa-Free Travel within the Schengen Area: Acquiring permanent residence in Malta grants you visa-free access to the Schengen Area, comprising 27 European countries. Explore Europe's wonders, from ancient landmarks to picturesque cities, without the hassle of visa applications.

Political Stability: Malta boasts a robust democratic system and political stability, providing a safe and secure environment for individuals and families.

Education and Healthcare: The Maltese education system is highly regarded, offering excellent opportunities for your children's academic development. Additionally, Malta provides a comprehensive healthcare system that ensures access to quality medical services.

Tax Advantages: The Malta Permanent Residence Program offers favorable tax benefits for non-domiciled residents, including taxation only on locally-sourced income, or foreign income transmitted to Malta. Make the most of your financial assets while enjoying a favorable tax regime.

Requirements and Eligibility
To participate in the Malta Permanent Residence Program, applicants must meet specific requirements. These include:

Investment Options: Applicants are required to make a significant contribution to the Maltese economy. The main applicant can choose between two options to make a contribution (donation) to the country's economic development plan: EUR 28,000 (if the applicant purchases a Malta property) or EUR 58,000 (if the applicant leases a Malta property). Neither of these options requires the applicant or his family to live in Malta year-round. The minimum purchase or rental amounts depends on the location of the property. Please review our complete table listing all required investments here.

Financial Capacity: Individuals must demonstrate a high net worth and the financial capability to make the necessary investment.

Good Character and Clean Background: Applicants must possess a clean criminal record and exhibit good character.

Health Insurance: Health insurance coverage is mandatory for applicants and their dependents, ensuring access to necessary medical services. Applicants can provide their own qualifying insurance, secured in their current country of citizenship, or they may sign up for a health insurance plan offered by a health insurance provider in Malta.

FAQs about the Malta Residency by Investment Program
Q: How long does the application process take?
A: The application process usually takes between 4-6 months from submission to residency approval.

Q: Can my family members be included in the application?
A: Yes, the Malta Permanent Residence Program allows the inclusion of the applicant's spouse, children, and dependent parents and grandparents.

Q: Is knowledge of the Maltese language required to become a Malta resident?
A: No. Knowledge of the local language is not a requirement for obtaining permanent residency in Malta, and most residents and citizens here speak English.

Q: Can I visit Malta during the application process?
A: Yes, you are free to visit Malta while your application is being processed. In fact, frequent visits are encouraged as Malta is a beautiful country to spend your holidays, open a business, go to school, live full-time, or retire. While encouraged, frequent visits to the country are not mandatory.

Q: Can I work in Malta with permanent residence status?
A: Yes, as a permanent resident of Malta, you have the right to apply for a work permit and work in the country.

Q: Are there any age restrictions for applicants?
A: There are no specific age restrictions for applicants other than the main applicant being over 18 years of age. As long as you meet the program's requirements and fulfill the investment criteria, you are eligible to apply.

Q: Can I apply for citizenship after obtaining permanent residence?
A: Yes, permanent residents of Malta are eligible to apply for citizenship after fulfilling the necessary requirements, including a six-year residence period. However, approvals can take between 10 to 15 years, and thus we recommend applying for citizenship under the Malta Citizenship by Investment program, which can result in Malta (EU) citizenship after only 12 months of residency. 

Q: Can I fulfill the investment requirement by investing only in real estate?
A: No, because investing in real estate alone is insufficient to fulfill the investment requirement of the program. Please review all required investment types and amounts for the Malta permanent residency program here.

Q: What documents are required for the application?
A: When submitting your application, you will need to provide various documents, including a valid passport, proof of residence, financial statements, a clean criminal record, and other supporting documentation. We will work with you to collect all required documents, verify they meet the official application requirements, and then submit them through our licensed attorneys to the government.

Q: Will my children have access to education and healthcare benefits as Maltese residents?
A: Yes, as Maltese residents, your children will have access to the exceptional education system in Malta and the comprehensive healthcare system, ensuring their educational and healthcare needs are met.

Q: Is there a limit on the number of applicants accepted into the program?
A: The Malta Permanent Residence Program does not have a cap on the number of applicants accepted into the program. As long as you meet the eligibility criteria and fulfill the requirements, you have an equal opportunity to apply for permanent residence in Malta.

Q: Can I maintain my citizenship while holding permanent residence in Malta?
A: Yes, you will retain your current nationality while enjoying the benefits of permanent residence in Malta.

It is advisable to seek guidance from a professional advisor or immigration specialist for personalized information and advice regarding the Malta Permanent Residency Program. Please contact us at your convenience.

Conclusion
The Malta Permanent Residence Program offers a pathway to establish your permanent home in the idyllic Mediterranean nation of Malta. With its stunning landscapes, favorable tax benefits, visa-free travel opportunities, and access to quality education and healthcare, this program opens up a world of possibilities. By fulfilling the investment requirements and meeting the eligibility criteria, you can embark on a remarkable journey towards obtaining permanent residence and embracing a new chapter of your life in Malta.

Because immigration by investment programs can change over time please contact us to speak with an advisor or to receive a preliminary quotation. The information provided in this blog post is intended for educational and informational purposes only. It should not be construed as legal or financial advice.

Zenturo Ltd.

Residency & Citizenship by Investment Programs Worldwide

394A / 395A, Triq il-Kbira San Guzepp
Santa Venera, SVR 1016
Malta

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