CITIZENSHIP BY INVESTMENT BLOG

Malta MPRP Golden Visa Changes For 2025

More details emerging about the changes taking effect on January 01, 2025.

The Malta Permanent Residence Programme (MPRP) offers a golden opportunity to establish a secure foothold in Europe, with exclusive benefits for applicants who act before December 31, 2024. With changes to the fee structure and eligibility criteria taking effect in January 2025, now is the time to act.

Why Malta?

Malta offers unparalleled access to the European lifestyle, including visa-free travel within the Schengen Zone, world-class healthcare, education, and the ability to live, work, or retire in a stable and culturally rich environment.

By applying in 2024, you can lock in the current lower costs and begin the journey to a brighter future for you and your family.

What’s Changing?

Starting January 1, 2025, the following updates will apply:

A) Updated Eligibility Criteria

    Starting in 2025, to qualify for the MPRP program, applicants must present proof of assets to establish they can support themselves financially during and after the residency application process. An applicant’s assets need to total at least €500,000, including a minimum of €150,000 in financial assets, such as cash balances, stocks and bond portfolios, or similar. Alternatively, applicants can show €650,000 in total assets, with at least €75,000 in financial assets.

B) Administration Fees / Contributions

    Starting in 2025, the following government fees and real estate requirements apply.

• Administrative Fees: The main applicant fee rises to €50,000.

• Dependant Fees: All dependants - including spouses, children, parents, and grandparents - will incur fees of €10,000 each (€5,000 administrative + €5,000 financial contribution).

• Qualifying Property Costs: Minimum purchase value increases to €375,000, and minimum annual rent rises to €14,000.

• Contribution Fees: Applicants who choose to rent will contribute €60,000, while those purchasing property will contribute €30,000 to Malta’s social and economic development, such as infrastructure, healthcare, education, and other public services.

C) Special Considerations for Families

    Starting in 2025, the program allows adult children aged 18-28 to be included as dependants if they are unmarried and financially reliant on the main applicant.

For more details on these changes and various cost calculations for different family scenarios, be sure to check out our previous blog post.

How to Take Advantage of Current Lower Rates?

    There is a limited-time opportunity to lock in 2024 pricing if you apply now. By submitting your application before December 31, 2024, you can take advantage of the current, lower fees. Here's how to secure your spot:

Step 1: Submit Initial Documentation Now. We require the following minimal paperwork to start your application. These documents must be received by our office no later than December 16, 2024:

o Power of Attorney to authorize us to act on your behalf throughout the application process.

o Declaration confirming your commitment to the MPRP.

o Certified true copy of your passport (and from any dependant/s).

o Form MPRP 1 and Form MPRP 10 for you (and any dependant/s).

Step 2: Submit Remaining Documentation by March 28: Your application package must be completed and submitted by March 28, 2025 to ensure eligibility for the 2024 lower prices and terms.

Take Action Today!

Don’t wait—secure your future in Europe today. Applications submitted after December 31, 2024 will be subject to the higher fees and stricter conditions.

Contact us today to begin your application under the lower 2024 fee schedule.

We appreciate the opportunity to be of service!
 
 

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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• A Comprehensive Guide to Malta Citizenship by Investment

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Malta Residency

• How easy is it to get Malta residency?

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• Can I get residency in Malta if I buy a house?

• Can I get permanent residency in Malta by investment?

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• What are Malta Special Designated Areas (SDA)?

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