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 six 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.
Investors
who are interested in Malta (EU) citizenship (dual citizenship /
a second passport) can apply under Malta's
citizenship by investment program.
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.
Foreign applicants
for Malta permanent residency (MPRP) must meet the following criteria:
- Buy or rent real estate in Malta or Gozo
- Pay the government application fee and contribution
- Make a philanthropic donation
- Pass a stringent due diligence process
- Have a clean criminal record
- Have a valid health insurance policy
- Pose no political or medical health risk to Malta
- Prove ownership of at least €500,000 in assets (real estate/stocks/bank
deposits/other)
Malta's
citizenship by investment program offers the Malta citizenship
and passport with benefits such as living /working/retiring in a
safe European country with a warm climate, access to first-class
healthcare and education, and the right to travel freely across
Europe and over 180 destinations.
Summary:
Can you get permanent residency in Malta through an investment?
Yes, the Malta MPRP Permanent Residence Programme provides qualifying
investors with the opportunity to obtain permanent residency status
in Malta. To be eligible, applicants must meet certain criteria,
including having a clean criminal record, successfully passing all
due diligence checks, making an investment in Malta real estate,
making a philanthropic donation, and covering the necessary application
and legal fees. The processing time for the permanent residency
program typically ranges from three to six months. However, it's
important to note that participating in the Malta MPRP permanent
residency program does not automatically grant individuals Malta
citizenship or the Maltese passport. For Malta citizenship by investment
you may want to apply under the
Granting
of Citizenship for Exceptional Services Regulations (CES/MEIN).
Main Points: Malta investment residency
- Permanent residency in Malta
- Application process of 3-6 months
- Malta real estate rental or purchase
- Pass all due diligence checks
- Clean criminal record required
- Health insurance required
- €500,000 worth of assets required
- Not leading to Malta citizenship/passport
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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.
Everything you need to know about Malta citizenship,
residency, and real estate.
Malta Citizenship
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Click here for the
Malta citizenship by investment program.
Click here for the
Malta residency programs.
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