schengen countries to explore
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months processing time
There’s much to love about Malta and the benefits that accompany residency. Boasting a stable political climate and a low risk of financial instability, Malta offers a European standard of living within a beautiful Mediterranean setting.
Read MoreThe Malta Permanent Residence Programme 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 Programme (MPRP) , you must fulfil ONE of the following investment options AND other requirements:
Contribute €68,000 to the Government of Malta. Buy a property worth at least €300,000 in the South of Malta and Gozo. This increases to €350,000 in any other area of the country.
Contribute €98,000 to the Government of Malta. Rent a Maltese residential property with an annual lease of at least €10,000 in the South of Malta and Gozo. This figure rises to €12,000 if you rent in any other part of the country.
To be eligible for the Malta Permanent Residence Programme (MPRP), you must:
Prove you have €500,000 in capital assets, of which €150,000 must be available liquid assets. All dependants over 18 need an affidavit of support for inclusion.
To add parents or grandparents, you will need to pay a €7,500 fee for each dependent. You must keep the property for at least five years and make a charitable donation of €2,000.
This is a low capital outlay compared to other EU residence programmes.
The Latitude team has global experts in over 20 countries. We can advise in 14 languages. Let us help you find the perfect investment migration solution.
The Latitude team has global experts in over 20 countries. We can advise in 14 languages. Let us help you find the perfect investment migration solution.
We commence our process with Form 1. This enables us to carry out the Initial Latitude due diligence. Following the successful screening, we provide you with a Client Agreement (CA) to review and sign.
Upon receiving the signed agreement and retainer payment, our legal team will complete all necessary government forms and supporting documents. We will liaise with the real estate professionals and Residency Malta Agency. You will need to make the first contribution of €10,000
Before submitting your documents, we comprehensively review your application to ensure your file complies with Residency Malta Agency's requirements. Our legal team will complete its final checks before submitting the relevant forms.
Residency Malta Agency will undertake its own due diligence and reviews all the paperwork. We will continue to work closely with them throughout the process to ensure your application is timely and efficiently processed.
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 Residency Programme (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, make a mandatory charitable donation of €2,000, and provide the government with 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 safe arrival of your residency cards.
Third-country nationals, excluding EU, EEA and Switzerland are eligible to apply for the Malta Permanent Residence Programme.
The list of currently sanctioned countries which are ineligible to apply may be revised from time to time by the Agency at its discretion.
In addition to the main applicant, Malta residency includes spouses, children under 18, children over 18 (as long as they are unmarried and non-economically active).
You can also add parents and grandparents that are primarily dependent on you for an additional cost of €7,500 each.
A financial contribution of €2,000 can to be made to a local registered philanthropic, cultural, sport, scientific, animal welfare or artistic NGO registered with the Commissioner for Voluntary Organisations, or as otherwise approved by the Agency.
No. If you are applying for Malta residency, you must own or lease a property and 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 ensuring it falls in line with relevant requirements.
Our team operates in over 20 countries worldwide, securing second citizenship or residency in desirable locations and unlocking a brighter future.