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 was launched in March 2021, by virtue of Legal Notice 121 of 2021. The regulations provide investors the opportunity to apply for Maltese residence once they meet the investment criteria outlined.
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:
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.
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.
Make a donation to a non-governmental 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 Organizations or otherwise approved by Residency Malta.
|Southern Europe, Mediterranean Sea
|Maltese (official):90.1%; English (official): 6%, Other: 3.9%
|GDP (PPP)(PER CAPITA):