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.
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.
Subscribe to our newsletter and receive important program updates.
Everything you need to know about Malta citizenship, residency, and real estate.
Zenturo Ltd.
Residency & Citizenship by Investment
Programs Worldwide
394A / 395A, Triq il-Kbira San Guzepp
Santa Venera, SVR 1016
Malta
Client Testimonials / Google Reviews
Phone: +356 9950
5515
WhatsApp: +356 9991 4125
Telegram: +356 9991 4125
WeChat 微信: ZenturoSupport
Skype: Zenturo Ltd. Support
Service Inquiries: service@zenturo.com
General Counsel: legal@zenturo.com
Company Registration No.: C-39472
VAT ID: MT-18142026
All of our Malta immigration attorneys are government-licensed
Authorised Registered Mandatories.
License: AKM-BALD
Follow
us on
Facebook
Follow us on
Twitter
Watch our videos on
YouTube
Immigration by Investment Press Coverage: