Eligibility Criteria

 

The Malta Residence and Visa Programme (MRVP) enables non-EU, non-EEA or non-Swiss to a residence permit in Malta and all the Schengen countries.  This Programme requires the applicant to primarily:

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• Pay an application fee of Eur5,500;

• Pay a contribution fee of Eur30,000 (deducting the above fee);

• Hold property for at least 5 years prior the date of the certificate, which precedes the granting of a Malta Residence Permit.  Such property to be:

  • purchased for a minimum price of Eur270,000 for a property in the south of Malta or Gozo / Eur320,000 for the rest of Malta; or

  • leased for a minimum annual rent of Eur10,000 for a property situated in the south of Malta or Gozo / Eur12,000 for a property situated in the rest of Malta;

• Hold a qualifying investment for a minimum value of Eur250,000 for at least 5 years from the date of the issuing of the certificate;

• Provide a declaration that applicant has either an annual income of not less than Eur100,000 arising outside Malta or be in possession of capital not less than Eur500,000; and

• Applicant required, in each 5 year period from the date of issuance of the residence certificate, to spend a period of time outside of Malta (6 consecutive months; or an aggregate period of 10 months over the 5 year period).

 

Malta benefits

 

• EU residence card which offers visa-free travel within Schengen area;

• 5-year permanent residence, renewable indefinitely;

• Taxed only on Maltese source income and remitted income;

• Excellent quality of life; and

• Good connections to main air-ports.

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