European schengen countries
minimum requirement
months processing time
There’s much to love about Malta and the benefits that accompany residence as well. Boasting a stable political climate and a low risk of financial instability, Malta also offers a European standard of living within a beautiful Mediterranean setting.
Read MoreThe Malta Permanent Residence Program offers great advantages to both individuals and families who are looking for a base in the European Union Schengen Area.
To qualify for the Malta Permanent Residence Program (MPRP) , you must fulfil ONE of the following investment options AND meet other requirements:
Contribute €68,000 to the Government of Malta. You must also buy a property worth at least €300,000 in the South of Malta and Gozo. However, this increases to €350,000 in any other area of the country.
Contribute €98,000 to the Government of Malta. You must also rent a Maltese residential property with an annual lease of at least €10,000 in the South of Malta and Gozo. However, this figure rises to €12,000 if you rent in any other part of the country.
To be eligible for the Malta Permanent Residence Program (MPRP), you must, firstly, prove you have €500,000 in capital assets, of which €150,000 must be available liquid assets. In addition, all dependants over 18 need an affidavit of support for inclusion.
Yet, to add parents or grandparents, you will need to pay a €7,500 fee for each dependent. You must also keep the property for at least five years and make a charitable donation of €2,000 as well.
This is a low capital outlay compared to other EU residence programs.
The Latitude Group is a global leader in Residence and Citizenship by Investment. Our IMC-certified professionals are specialists in cross jurisdictional citizenship and residence planning. Moreover, we have more collective invesment migration industry experience than any other international firm.
The Latitude Group is a global leader in Residence and Citizenship by Investment. Our IMC-certified professionals are specialists in cross jurisdictional citizenship and residence planning. Moreover, we have more collective invesment migration industry experience than any other international firm.
We commence our process, appropriately enough, with Form 1. This enables us to carry out the initial Latitude due diligence. Following the successful screening, we will then provide you with a Client Agreement (CA). Before we can go any further, you will need to review and sign this.
Upon receiving the signed agreement and retainer payment, our case processing team will next complete all necessary government forms. They will also collate the supporting documents. We will also liaise with the real estate professionals and Residency Malta Agency. You will, however, need to make the first contribution of €10,000.
Before submitting your documents, we first comprehensively review your application to ensure your file complies with Residency Malta Agency's requirements. Only then will our case processing team complete its final checks before submitting the relevant forms.
Meanwhile, Residency Malta Agency will undertake its own due diligence and reviews all the paperwork. However, we will continue to work closely with them throughout the process to ensure they process your application timely and efficiently.
Upon successful review of your application, you will receive an Approval in Principle Letter from the Residency Malta Agency, which confirms that you have met the eligibility criteria for the Malta Permanent Residence Program (MPRP).
This letter will allow you to proceed with the next steps in the process, such as making the necessary second contribution of €30,000.
You'll need to provide proof of property ownership or a rental agreement. In addition, you must make a mandatory charitable donation of €2,000. Then you'll need to provide the government with your current health insurance policy documentation.
Once these requirements are met, you'll need to make the third and final contribution payment before we can arrange for the issuing of your residence cards.
If you’re a third-country national, excluding EU, EEA, and Switzerland citizens, you’re eligible to apply for the Malta Permanent Residence Program.
However, the list of currently sanctioned countries which are ineligible to apply may be revised from time to time by the Agency at its discretion.
As well as you, this Residence by Investment allows you to add your spouse.
In addition, you can include children under 18 and children over 18 (as long as they are unmarried and non-economically active) as dependants as well.
You can also add parents and grandparents that are primarily dependent on you for an additional cost of €7,500 each.
You can make a financial contribution of €2,000 to a local registered philanthropic, cultural, sport, scientific, animal welfare or artistic NGO. By registered, this means by the Commissioner for Voluntary Organizations, or as otherwise approved by the Agency.
No. If you are applying for Malta residence, you must own or lease a property. Then you need to submit the relevant documentation within eight months from the date of issue of the Letter of Approval in Principle.
However, if a property has been leased or purchased prior to the application submission, it may still be accepted. But it needs to fall in line with relevant requirements.
The Latitude Group (license AKM-LATI) is an official government agent for this regulated Citizenship by Investment process. In 2014 our government advisory team was the lead contributor to the launch of Citizenship by Investment in Malta.
Access to 29 schengen countries
6-8 months application processing time