The Malta Permanent Residence Program
The Malta Permanent Residence Programme (MPRP), is administered by Residency Malta Agency (RMA) and regulated by the Maltese Immigration Act (Cap. 217) and the Malta Permanent Residence Program Regulations, 2021 (L.N. 121 of 2021).
Unlock A World Of Opportunities With The Malta Permanent Residence Program
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Summary
🌍 Mobility
Access to Schengen
💶 Minimum Capital Outlay
EUR 150,000
⌛ Processing Time
3 to 5 Months
📍 Physical Presence
No minimum physical presence required.
One visit to Malta is required. -
Investment Criteria
One-time Costs (in EUR/€)
40,000 🏛 ️Government Administration Fee
58,000 🏘 Property Contribution
2,000 🎗️ Charity Donation
138 🪪 Card Fees
Annual Costs (for 5 years)
10,000 🏠 Residential Property Lease
1,000 📃 Compliance Reporting
Total - 155,138
Malta
Tucked away in the Mediterranean Sea, the Maltese Islands are a treasure trove, presenting a superior way of life and a flourishing economy, making them a premier choice for affluent individuals seeking a new home. Home to nearly 475,000 people, Malta is a favored choice for relocation, thanks to its robust and expanding economy, a wide array of sectors, and appealing lifestyle possibilities. Moreover, Malta is predominantly an English-speaking nation, with English and Maltese being the official languages, and Italian is also commonly spoken.
Benefits
The Malta Permanent Residence Programme (MPRP) is a gateway to a wealth of opportunities. The program grants freedom of movement within the Schengen area, which is a sought-after benefit for frequent travelers. It's an invitation to invest in a thriving economy, complemented by a dynamic real estate market which promises substantial returns. It provides access to a robust healthcare, ensuring peace of mind when you need it most. Above all, the MPRP offers stability and security, along with access to premium education and business opportunities. With the MPRP, you're not only acquiring a residence permit in an EU member state; you're gaining a lifestyle of comfort and prosperity for yourself, and your loved ones.
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Qualifying Criteria
Nationality
Must be a third-country national (TCN), Non-EU, Non-EEA, Non-Swiss, and not a citizen of Afghanistan, Belarus, North Korea, Iran, the Democratic Republic of Congo, Russia, Somalia, South Sudan, Sudan, Syrica, Yemen or Venezuela.
Immigration status
Must not be a beneficiary of any other residence or citizenship program in Malta, and must not have a current rejected visa status from any country with a visa agreement with Malta.
Financial status
Must be able to financially support themselves and their dependents without the need of assistance from Malta's Social Services. Must also own a minimum of EUR 500,000 in assets, of which EUR 150,000 must be financial assets.
Legal & public conduct
Must be a fit and proper individual, with a clear criminal record. Must not pose any potential threat to national security, public policy, public health or public interest.
Age
Main Applicant must be at least 18 years of age, in good health and with full EU medical insurance. -
Process Overview
Power of Attorney
As the Main Applicant, you will need to grant Grand Harbour Exclusive (GHE) the authority to act on your behalf. This is done by signing a Power of Attorney.
Submission of Application Pack and Receipt of Submission
GHE will compile and submit a complete and correct application pack on your behalf to the Residency Malta Agency. Upon submission, the Agency will issue a receipt as confirmation.
Due Diligence
The Agency will then conduct a thorough four-tier due diligence process. This is to ensure that the program only approves individuals and families of good standing. The process involves verifying all the information you provided and ensuring all details are complete and correct.
Letter of Approval in Principle, Registration of Biometric Data and Residency Card Issuance
If the due diligence process is successful, the Agency will issue a Letter of Approval in Principle, at this stage, your biometric data will be taken and a Residency Card will be issued to you.
Investment Requirement
As an applicant, you are required to make the necessary investments as per the requirements of the MPRP.
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