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The Malta Residence and Visa Programme

The Maltese Archipelago offers a very attractive location for private residences. Having a stable political climate and being strategically located with excellent air links, the Malta Residence and Visa Programme (MRVP) offers non-Maltese individuals the possibilty of acquiring an EU residence card that enjoys visa-free travelling within the Schengen area.

The programme offers an array of benefits to its applicants including;

  • 5 years permanent residence with indefinite renewability

  • Investment only required for the first 5 years

  • EU residency card offers visa-free travelling within the Schengen area

  • Right to reside in Malta for an indefinite period

  • No residence deemed required

  • Family members can be included

  • Tax is only levied on income sourced and remitted from Malta

In order for the applicant to be eligible for such programme, the below three minimum requirements need to be satisfied by the applicant. These include;

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  • Purchase of property of a minimum of €320.000 in the North of Malta, whilst in the south and in Gozo, the minimum is reduced to €270,000. (The purchase can be substituted via a propert lease with the total lease amounting to €12,000 per annum if the property is located in the north, or €10,000 per annum if the property is located int ehsouth of Malta or in Gozo)

  • A non-refundable government contribution of €30,000 of which €5,500 is paid in advanced upon submission of application as a government administrative fee

  • Invetment in government bonds of a minimum of €250,000 which should be retained for a minimum period of five years.

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The application process for the MRVP is reasonably straightforward. The application is filed with Identity Malta together with the non refundable contribution of €5,500. this is then followed by stringent vetting and due diligence checks by the agency. The successful applicant will then be requested to complete the above-mentioned qualifying investments. Once such investments have been completed, a residence permit will be issued followed by a Maltese Residence Certificate which will be deemed as a permit. Such certificate will be closely monitored annually for the first five years from date of issue and every five years thereafter.

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Contact us for further information and guidance on the MRVP and the application process attributing to it.

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