Malta Residence Visa (MRV)
Malta offers golden visa (permanent residency) to investors, who invest for five years. The entire investment is refunded to investors after five years . It is the cheapest golden visa scheme in Europe. This scheme officially known as Malta Residency Program (MPRP) launched 2021 by the Malta Government. This cheaper version of program will open for applications by April 2021.
MPRP is a Residency by Investment Programme that provides beneficiaries with an opportunity to stay or settle indefinitely in Malta or its sister island Gozo.
Malta issues schengen residence permit can travel freely within 26 EU schengen states including Switzerland.
The Malta Permanent Residency Program (MPVP) , provides international investors with permanent residency rights. These rights will apply only for non-EU / EEA / Swiss Nationals. The Programme provides an opportunity for potential beneficiaries and dependents to reside, settle or stay indefinitely in Malta according to Legal Notice 288 of 2015.
Permanent residency issued to investors and family. It is strictly a residence program and it does not load to Maltese citizenship
Malta is within EU and Schengen and the official language is English.
Under MPRP all applicants will be able to live, work, study – in general settle – for an infinite time.
Legal background
Regulation 2(1) of the Malta Residence and Visa Regulations (S.L. 217.18), investment referred to in Regulation 6 (1) (d) of the said Regulations
There are two routes.
The renting is the cheapest route to obtain Maltese golden visa.
The Real estate option may interest those who want to buy property in Malta.
You must prove you have Total net assets of 500,000 EUR or more (eg property, savings, investments etc) to become eligible for Maltese residency
You MUST meet all below conditions plus the above fees, else you cannot apply for Malta golden visa.
You can start the process by paying initial application fee (10%) and rest after the government approves your application. If your application is refused you dont need to pay.
6 months
You are welcome to buy real estate instead of paying rent. The minimum real estate must be minimum of EUR 275,000
After 5 years of uninterrupted living in Malta under ordinary naturalisation. This program does not offer special path to citizenship.
Please contact us for more information and free quote. We work with a government authorized law firm in Malta.