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Malta offers foreign investors the option to apply for Malta citizenship (the EU passport) after 12 months or 36 months in residency status. There is no requirements to live in Malta year-round during the residency period. Processing times generally depend on how fast an applicant can provide the supporting documentation. For most applicants it takes only a couple of weeks to receive Malta residency, which is the first step in the investment citizenship application procedure. The main applicant and any dependents are provided with an E-Residence document which is equivalent to a Schengen Visa, granting borderless travel to all Schengen countries. The second step is the application for citizenship, which takes between 12-18 months from start to finish (12 months residency option), or 3 years (36 months residency option). The applicant can choose one of the two residency periods.
The cost of Malta citizenship by investment is around €632,000 plus legal fees and a residential property purchase or rental. Applicants must contribute either €600,000 or €750,000 to the Government of Malta depending on the selected length of residency prior to citizenship. Applicants must also donate €10,000 to a non-government philanthropic organization in Malta. In addition, applicants must rent or buy a qualifying property in Malta with a purchase price of at least €700,000 or an annual rental expense of €16,000. The property must be kept for at least five years.
Malta citizenship grants permanent rights, privileges, and protections to individuals within the country. Temporary residency, on the other hand, allows the applicant to live in Malta for a certain period of time. Permanent residency affords the right to live in Malta for an indefinite period of time. Because Malta is a member of the European Union, Malta citizenship also allows applicants to live in all other EU member countries. In addition, Malta citizens can apply for the Malta passport (the EU passport). Malta residents, on the other hand, do not qualify for a passport.
Malta citizenship offers many benefits to applicants; international business executives, investors, public figures, VIPs, and affluent citizens of other countries consider an alternative citizenship and passport a powerful tool for international tax planning and a safety net should the living conditions at home become undesirable. Because Malta allows dual citizenship, most applicants for the Malta citizenship by investment program retain the citizenship of their home country in addition to receiving a second passport from Malta (EU). There is no requirement for Malta citizens to live in Malta once citizenship has been received. The Malta passport is rated as one of the most valuable passports in the world.
Applying for Malta residency depends on which residency program you are intersted in. Malta is offering several residency programs, ranging from 1-year residency to permanent residency. Specifically, the residency programs available in Malta include: Malta Permanent Residence Programme (MPRP) Permanent residency in Malta in return for a one-time investment. Residency valid for life. Available to non-EU nationals. Not leading to Malta citizenship and the the Malta (EU) passport. Malta Global Residence Programme (GRP) Renewable 1-year residency for non-EU nationals. Residency valid for 1 year, renewable at a minimum annual expense of about €15,000 plus property rental. Not leading to Malta citizenship and the the Malta (EU) passport. Malta Ordinary Residence (OR) Malta residency for EU nationals and citizens of Switzerland, Liechtenstein, Norway, and Iceland. For applicants who want to live in Malta 183 days per year or longer. Not leading to Malta citizenship and the the Malta (EU) passport.
Malta offers residency to qualified foreign applicants. The goal of Malta's Permanent Residence Programme (MPRP) is to attract foreign investment to support the Malta economy. Malta is a vibrant country located south of Italy in the Mediterranean Sea. Residency is offered to foreign investors, freelancers, founders, and retirees. Maltese residents may live in Malta as long as they maintain their residency status. Malta residents may also apply for a Malta work permit and participate in the social services system. International business people, investors, freelancers and retirees worldwide consider Malta permanent residency a powerful asset and/or safety net should the living conditions at home become undesirable.
Applicants cannot receive Maltese permanent residency for only investing in Malta real estate. To receive Malta permanent residency through an investment, you can apply under the Malta Permanent Residence Programme (MPRP). This residency program requires the applicant to purchase or rent residential real estate in Malta, make a contribution to the Malta government, make a donation to a non-governmental organization, and pay all government application fees. The minimum purchase price of Malta real estate is €300,000 to qualify for the MPRP permanent residency program. The minimum annual rental expense for a Malta residential property is €10,000 per year.
Yes, Malta offers permanent residency to foreign investors. The Malta Permanent Residence Programme (MPRP), also referred to as the "Malta Golden Visa", provides permanent residency status in return for a qualifying investment. In addition, applicants must have a clean criminal record, a basic health insurance cover, and pass all background checks. Malta permanent residents are allowed to live in Malta as long as they maintain their residency status, and they are allowed to apply for a Malta work permit and participate in the social services system. The Malta permanent residency does not lead to Malta citizenship or the Malta passport (the EU passport). Malta permanent residents may file a citizenship application after 5 years in PR status, but there are no guarantees an application for citizenship will be approved - which is a process that can take 10 to 15 years or longer to complete.
The processing time for the Malta Golden Visa, i.e., the residency by investment program, known as the Malta Permanent Residence Programme (MPRP), is typically three to six months. Malta also offers several other residency programs, such as the the 1-year global residency program, the Malta tax residency, the Malta retirement residency, the Malta digital nomad residency, and the Malta startup residency program. Each Malta residency program has its own requirements and processing timelines. In addition to government processing times, the MPRP application procedure depends on how fast the applicant can provide any required supplemental documentation, such as a birth certificate or police record, for example.
Analyzing the future of Portugal's residency program and what other European options remain for the discerning global investor.
A comparison of European programs looking for the most efficient path to a second citizenship during the 2022 window.
The Greek government has announced new pricing for its popular residency-by-investment scheme, impacting future applicants.
The current currency parity provides a unique window for US-based investors to secure European residency at a significant discount.
Discover the lifestyle benefits of living in a Mediterranean hub with a high quality of life and proximity to the rest of the EU.
Private consultations available across several US cities for families looking to secure Malta residency or citizenship.
The Turkish citizenship by investment program has announced a significant increase in the minimum investment threshold.
Analyzing how the recent election results may influence the future of investment migration and residency programs in Malta.
The government has reduced administrative fees and eased restrictions, making this a favorable time for new application starts.
A summary of program changes across Malta and Portugal as the new year begins, helping investors stay ahead of regulatory shifts.
New investment thresholds for the Portuguese Golden Visa take effect January 1, 2022. Final window for current pricing.
