MALTA PERMANENT RESIDENCE PROGRAMME (MPRP)
The Malta Permanent Residence Programme (MPRP) is available to non-EU, non-EEA and non-Swiss nationals. A residency-by-investment programme, it provides numerous benefits to applicants wishing to make Malta their home away from home. To qualify the main applicant is required to make qualifying investments in Malta. Residency Malta Agency will review and process complete applications within 4-to 6-months of receipt
Successful applicants receive the following:
• Permanent Residency, the right to reside, settle and stay indefinitely in Malta.
• Visa free travel throughout the Schengen area for a maximum of 90 days within any 180 days
• Open to four generations, the programme is available to married couples, unmarried couples in a long-term relationship, dependent unmarried children of any age and dependent parents and grandparents on either side of the family.
THE BENEFITS
QUALIFICATION REQUIREMENTS
1.To qualify for the Malta PRP applicants are required to: 1. Establish a Residential Property in Malta • Either rent a property for a minimum of €14,000. • Or Purchase a property for a minimum of €375,000 in Malta or Gozo.
2. Make a Direct Contribution to the government of Malta of €37,000.
3. An additional Direct Contribution €7,500 for each dependant adult included within the application. An exception is made for a spouse or adult child with a registered disability.
4. Non-Refundable Administration Fee: €60,000.
5. Donation to a Voluntary Organisation: Donate €2,000 to a local registered philanthropic, cultural, sport, scientific, animal welfare or artistic non governmental organisation or society.
6. Provide evidence of Sufficient Net Worth: Be in receipt of a stable and regular financial income, sufficient to maintain themselves and their dependants, without the need to depend upon the social assistance system of Malta.
7. Provide evidence of Minimum Net Worth: Assets of at least €500,000, of which €150,000 is to be in the form of financial assets, such as stocks, bonds, funds or bank deposits. Or Assets of at least €650,000, of which €75,000 is to be in the form of financial assets, such as stocks, bonds, funds or bank deposits
8. Be a Fit-and-Proper Individual: All applicants must demonstrate that they do not have a criminal record or pose a potential threat to the national security, public policy, public health or public interest of Malta.
9. Provide evidence of Health Insurance: All applicants must be covered by a qualifying health insurance policy, which provides a minimum coverage amount of €100,000 in Malta and the Schengen Area.
