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
Permanent residence permit and the right to settle in Malta
EU residence card gives visa-free travel within Schengen area
No residence requirement
Residency issued first for 5 years, subsequently freely renewable
Investment required only for first 5 years
Access to investment and business opportunities in Malta
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.
Receive Your Initial Private Consultation
We are pleased to know more about your plans to obtain a second citizenship or residence permit. Our personalized Initial Private Consultation is free of charge and gives you valuable insights about the unique solutions and a personalized value proposition.
Navigation
Your Solutions
Social
Legal Disclaimer | Privacy Policy | © 2018 All rights reserved