Malta (MRVP)

MALTA RESIDENCY AND VISA PROGRAMME (MRVP)

Malta Residency and Visa Programme (MRVP) is designed to facilitate Maltese residency to non-Maltese nationals and their dependants. It offers an EU residence card which allows the holder to travel visa-free within the Schengen Area. The Maltese residence permit offers indefinite settlement rights in Malta within a stable political climate and excellent living standards.

Official Name: Republic of Malta

Capital: Valletta

Region: Southern Europe, islands in the Mediterranean Sea

Official Language: Maltese and English

Surface Area: 316 km2

Population: 449,043 inhabitants (July 2018 est.)

Currency: Euro

GDP: $19,26 billion (2017 est.)

GDP per Capita: $41,900

Member Of European Union: yes, since 2004

Member Of Schengen Area: yes, since 2007

Benefits

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Permanent residence permit and the right to settle in Malta

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EU residence card gives visa-free travel within Schengen area

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No residence requirement

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Residency issued first for 5 years, subsequently freely renewable

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Investment required only for first 5 years

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Access to investment and business opportunities in Malta

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Malta as an attractive place of good quality of life and stable political system

Requirements

To be eligible for Maltese residence permit under the MRVP, applicants must:

1

Make an investment in government bonds of EUR 250,000 to be retained for a minimum period of five years; and

2

A non-refundable government contribution of EUR 30,000 (EUR 5,500 of which is an advance government administrative fee); and

3

A property purchase of EUR 320,000 (EUR 270,000 in South Malta or Gozo); or a property lease of EUR 12,000 per annum (EUR 10,000 in South Malta or Gozo)

In addition, all applicants must be free from criminal record, fraud, malpractice, financial fraud or indemnities.

All applicants must hold a full medical insurance which is valid within the EU.

Process

The MRVP application requirements and procedures are reasonable and straightforward. The application is submitted to Identity Malta, the government agency responsible for applications, with a non-refundable deposit of the contribution amount in the sum of EUR 5,500. After stringent due diligence checks, successful applicants will be requested to complete the qualifying investments and will then be issued a residence permit. Identity Malta will issue successful applicants with a Maltese Residence Certificate which will be deemed to be a permit. The certificate will be monitored annually for the first five years from its issue, and every five years thereafter.

To receive the exact timeline and procedures please request for an Initial Private Consultation by clicking on the below button.

Costs

The following cost layout is indicative and gives you an estimation of application costs. Please contact us to receive a personalized quote including all costs.

Single
Applicant

Couple

Family of
Three or More

Contribution

 30,000

5 Year Government Bonds

250,000

5 Year Real Estate Investment

Minimum of € 270,000 or € 10,000 p.a. lease

Residency Card Application Fee

€ 137.50

Contribution

30,000 (per application)

5 Year Government Bonds

250,000 (per application)

5 Year Real Estate Investment

Minimum of € 270,000 or € 10,000 p.a. lease

Residency Card Application Fee

€ 137.50 (per applicant)

Contribution

30,000 (per application)

5 Year Government Bonds

250,000 (per application)

5 Year Real Estate Investment

Minimum of € 270,000 or € 10,000 p.a. lease

Residency Card Application Fee

€ 137.50 (per applicant)

Important Points to Consider

The property and investments must be held for a minimum of five years.

All applicants must hold a full medical insurance which shall be valid within the EU.

The main applicant must receive an annual income of at least EUR 100,000 arising outside Malta, or have capital of at least EUR 500,000.

All of the above information is available in detail on the Maltese authorities website and this information is not intended to be immigration advice.

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