Malta Residence Permit for Investors
Time to Permanent Residency: – Years ~ Time to Citizenship: 5 Years
Introduced by the Malta Legal Notice 288 of 2015 under the Immigration Act, the Malta Residence and Visa Programme allows non-EU/EEA/Switzerland nationals and their dependents (spouse, children under 26 and parents) to settle in Malta indefinitely, provided that the requirements are still met.
–
To be eligible for the program you must not hold a residency permit in Malta under another Programme (except the Global Residence Programme). You must have an annual income of at least €100,000 accrued outside Malta or have capital of at least €500,000. You will be required to purchase a residential property with a value of at least €320,000, if located in Malta, or €270,000 if located in Gozo or in the South of Malta. Property must be held for at least 5 years and cannot be leased to a third party.
–
Alternatively, instead of property purchase, you may rent a property in Malta, with a minimum annual rent of €12,000, if in Malta, or €10,000 if in Gozo or in South of Malta. In addition, you must make an investment of €250,000 in non-interest Maltese Government Bonds, returnable after 5 years, and a ‘one-time’ financial contribution of €30,000 to the Government of Malta (The non-refundable €5,500 application fee constitutes part payment of this financial contribution, see fees below).
Requirements
– At least 18 years of age.
– Not to be national of EU/EEA/Switzerland.
– In each five-year period, you must spend six consecutive months outside Malta or an aggregate period of 10 months over the whole period.
– Possess comprehensive health insurance.
– Clean criminal record.
– Not to be a potential threat to Malta’s national security, public policy or public health.
– Not deemed to be against the public interest.
Documents Required
Evidence of Health Insurance- Original Police Clearance Certificate
- Original Bank Reference Letter (Not older than 6 month)
- Medical Certificate
- Undertaking to purchase property
- Undertaking to rent property
- Affidavit of support for Dependents
- Certified copy of passport
- Original or Certified copy of Birth Certificate (if applicable)
- Original or Certified copy of Marriage Certificate (if applicable)
- Six passport-size photos
- Statement of Source of Funds
- Undertaking to remit total contribution
