Malta is an archipelago consisting of three islands; Malta, Gozo and Comino; and is strategically located at the centre of the Mediterranean. The capital city, Valletta, is located on the larger island. Their strategic location has made the islands a historical hub for trade between Europe, the Middle East, and North Africa. Malta has a Mediterranean climate with mild winters and hot summers. It is a popular tourist destination with its warm climate, numerous recreational areas, and architectural and historical monuments, including three UNESCO World Heritage Sites and seven megalithic temples which are some of the oldest free-standing structures in the world.
As a full member of the EU and the Commonwealth, Malta boasts of a stable and thriving economy, a sound political climate, and offers a robust financial services regulatory framework, state-of-the-art healthcare services, and high-level education. It is the destination of choice for entrepreneurs and investors.
The Malta Residency and Visa Programme
Through the Malta Residence and Visa Programme (MRVP), applicants obtain residency in Malta with Visa-free travel across the Schengen zone. Applicants not only seek safety and stability for themselves, their spouses and dependants. They look for educational opportunities, a healthier lifestyle, greater mobility, as well as for a chance to do business that ensures their family’s wealth in the long term. Malta is a small island state with a democratic and stable government, a robust economy, an ecosystem of business opportunities, hospitable people and an all-year-round mild climate, makes it the perfect place for families of to live in. Additionally, beneficiaries of the MRVP:- are eligible to apply for long-term residency, in line with additional requirements laid out in the Immigration Act;
- have the option to redeem their qualifying investment after 5 years;
- have a residence card that supports employment opportunities;
- enjoy unique business opportunities and grants for prospective investors;
- have access to a programme that allows four generations of families to apply;
- can penetrate Malta’s affordable real estate market;
- pay a competitive, low application fee, when compared to other European residency programmes.
PROGRAMME HIGHLIGHTS
- Fast application processing within 3 months
- No requirement to travel to Dominica during the application process
- Visa-free travel to around 140 countries, including Schengen Area and UK
- Entitlement to dual citizenship
- No physical residency requirements
- No personal income tax on worldwide income
The Malta Residency and Visa Programme (MRVP) allows you and your family to obtain full legal residency when you make a significant investment which qualifies under the MRVP rules. The investment consideration is a combination of an investment in real estate and investment in government-approved financial instruments.
As an applicant for residency, you must be at least 18 years of age, of good character, without a criminal record, in good health and enough funds to make the required investment.
All fees quoted are in Euro.
The fees applicable are stated in the table below. The government fee is payable (and non-refundable) upon submission of your application.
Contribution Amount | NIL |
Government Fees | €30,000 for the main applicant; €5000 for the spouse; €5000 for each additional dependant |
Applicants under the MRVP are also required to either purchase a property as their residence or rent a property.
Under the MRVP rules, the applicant should hold their qualifying property for a minimum of 5 years from the date of the issuance of their residency certificate.
Real Estate – Purchase | Purchase a property for a minimum value of €320,000 in the North; or Purchase a property for a minimum value of €270,000 in the South; or Purchase a property for a minimum value of €270,000 in Gozo |
Real Estate – Rent | Rent a property for a minimum value of €12,000 yearly in the North; or Rent a property for a minimum value of €10,000 yearly in the South; or Rent a property for a minimum value of €10,000 yearly in Gozo |
Applicants under the MRVP are also required to commit to an investment in one of the government-approved financial instruments.
Government-Approved Investment | Acquire €250,000 worth of stocks, bonds, debentures, special purpose vehicles or other investment vehicles |
Under the MRVP rules, the applicant should hold their qualifying investments for a minimum of 5 years from the date of the issuance of their residency certificate.