The Maltese archipelago is located right in the heart of the Mediterranean Sea, stretching to an area which is not greater than 316 square kilometers. The size of the Maltese islands are definitely not a reflection of the great historical and cultural treasures the country prides itself on.
The Malta Permanent Residence Programme offers investors the opportunity to receive a Maltese Residence Permit in as little as 3 months. With the permit, investors have the right to reside, work and do business indefinitely in Malta and travel visa-free to the Schengen Area.
MALTA PERMANENT RESIDENCE PROGRAM
Applications are submitted to the Residency Malta Agency, which is the government agency responsible for processing applications. Following a strict due diligence check and completion of the outlined investment criteria, successful applicants will receive a Maltese Residence Certificate.
TO QUALIFY FOR PERMANENT RESIDENCY, THE MAIN APPLICANT MUST MEET ALL OF THE FOLLOWING INVESTMENT REQUIREMENTS:
1. PROPERTY PURCHASE OR RENTAL
Provide proof of title of a qualifying property which must also be held for a minimum of 5 years. Qualifying properties could be any one of the following:
- Properties owned by the investor must have a minimum value of €300,000 if located in Gozo or Southern Malta.
- Properties owned by the investor located in other parts of Malta must have a minimum value of €350,000
- Rental properties located in Gozo or Southern Malta must have a minimum annual rent of €10,000;
- Rental properties located in other parts of Malta must have a minimum annual rent of €12,000.
2. GOVERNMENT CONTRIBUTION
A contribution must be made to the Maltese Government. If you purchase your property, the contribution amount is €68,000, while those that rent are required to contribute €98,000.
3. PHILANTHROPIC CONTRIBUTION
Make a donation to a non-govenmental organization in the amount of at least €2,000. Must be either a local registered philanthropic, cultural, sport, scientific, animal welfare or artistic NGO registered with the Commissioner for Voluntary Organisations or otherwise approved by Residency Malta.
|LOCATION:||Southern Europe, Mediterranean Sea|
|TOTAL AREA:||316 km2|
|LANGUAGE:||Maltese (official):90.1%; English (official): 6%, Other: 3.9%|
|GOVERNMENT TYPE:||parliamentary republic|
|GDP (PPP)(PER CAPITA):||$35,900 USD|