A popular program for non-EU nationals allowing permanent residence in Malta through property investment and government contributions.
Benefits:- Visa-free travel - Maltese permanent residents can visit other Schengen countries without visas. The visa-free stay is up to 90 out of 180 days.
- Long-term status - Investors obtain permanent residency that is valid for life. Only an ID card must be renewed every 5 years.
- May include up to 4 generations - Investors’ spouses, children, parents, and grandparents can become Maltese permanent residency under one application.
- Tax residency - Spending over 183 days a year in Malta makes investors tax residents. The tax system may be attractive, but permanent residency alone offers no special tax benefits.
- Backup Plan - Investors become Maltese residents without the need to live in the country. They can buy or rent property, open a bank account, study, get treated, and use Malta as a safe haven.
Requirements- Main applicant must proove assets of 500 000 euros out of which 150 000 in finance or 650 000 euros with 75 000 in finance
- Make real estate investment in the form either
- Purchasing property with minimum value of 300 000OR
- Renting property with minimum annual value of 10 000
- Property must be held for a minimum period of 5 years. Those who buy property can rent it out when they are not in Malta.
- Make a non-refundable contribution of 37 000 to Maltese government
- Make donation of 2000 to local NGO registered with the Commissioner for Voluntary Organisations
- Administration fees of 60 000 includes spouse and minor dependants. For each additional adult dependant is 7 500 paid
Successful applicants will be required to finish the qualifying investments, after passing rigorous due diligence tests in order to receiving a residency permit.