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MALTA

MALTA

((Permanent Residence Programme))

VISA FREE DESTINATIONS:

190

PASSPORT INDEX RANK:

5th

OVERVIEW:

The small yet highly advanced nation of Malta is the Mediterranean’s best-kept secret. The EU country has risen to be one of Europe’s leading investment locations, driven by its reputation for stability, predictability, and security. The island nation’s spectacular natural beauty and Mediterranean lifestyle make it a desirable place of residence for wealthy individuals and families. Henley & Partners (license number AKM-HENL) is an official agent for this program.

PROCEDURE:

Application requirements and procedures are reasonable and straightforward. The application is submitted to the Residency Malta Agency (RMA).

MINIMUM CAPITAL REQUIREMENT:

Minimum contribution of EUR 175,000 mixed capital requirements

MAIN APPLICANT REQUIREMENTS:

  • A minimum age of 18 years.
  • No criminal record.
  • Proof of EUR 500,000 in capital, out of which a minimum of EUR 150,000 should be in financial assets.
  • A property purchase of EUR 350,000 (EUR 300,000 in South Malta or Gozo). Alternatively, a lease of EUR 12,000 per annum (EUR 10,000 in South Malta or Gozo) for a minimum of five years.
  • A contribution of EUR 28,000 to the Maltese economy if the residential property is purchased, or EUR 58,000 if the property is leased.
  • A donation to a non-governmental organization of EUR 2,000.
  • A non-refundable administration fee of EUR 40,000.

PROCESSING TIME:

4–6 months from submission of the application to approval

KEY BENEFITS:

  • Visa-free access to all the countries in Europe’s Schengen Area
  • Residence in an EU member state that is neutral, stable, and highly respected.
  • The right to reside, settle, and stay in Malta
  • The opportunity to include parents, a spouse, and children in the main application.
  • A Mediterranean climate and friendly local population.
  • Conveniently and strategically located, with excellent sea and air links to Europe, Asia, and North Africa