Malta Citizenship 2024 | Can I get residency in Malta if I buy a house?

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.

The applicant can choose between buying or renting a personal residence in Malta. Any real estate must be held for a minimum of five years.

Applicants who purchase a property located in an SDA (Special Designated Area) can rent out the property to generate income. Please see our blog post covering SDA properties for more details.

In addition to buying or leasing a personal residence in Malta, the applicant must make a contribution to the Malta government in the amount of €28,000 if the real estate is purchased, or €58,000 if the personal residence is rented.

Summary:

Will foreign investors receive permanent residency for only buying real estate in Malta? No, acquiring or renting real estate in Malta is just one aspect of the expenses involved in applying for the Malta Permanent Residence Programme (MPRP). Other financial obligations include making a contribution towards Malta's economic development, making a philanthropic donation, and covering government and legal fees. In addition to the financial requirements, applicants must successfully pass all due diligence checks to be eligible for permanent residency. Malta also offers a citizenship by investment program, the so called Citizenship by Naturalization for Exceptional Services by Direct Investment regulations.

Main Points: Malta residency for real estate investment

Real estate investment is required
Real estate is only one component
Donation, contribution, fees are extra
Property purchase or rental qualifies
Property can be rented out if in an SDA
5-year holding period is required

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.

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