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The Malta Golden Visa Programme is aimed at third-country nationals and their families seeking to reside, settle and stay in Malta. The Programme is the most flexible solution for High-Net-Worth Individuals and their families seeking to reside in an English-speaking country in Europe.
CSB Group is registered as an Accredited Agent with Community Malta and the Residency Malta Agency with license number AKM-CSBI-21. With over 30 years of experience in the corporate and financial industry in Malta, CSB Group is committed to provide top-notch services to Private Clients worldwide.
Malta Golden Visa Programme
Gaining a high-quality lifestyle in an exclusive EU location.
The Malta Golden Visa Programme allows individuals and their families to acquire residency in one of the safest countries with the lowest crime rates, whilst also gaining access to top education.
A revised Golden Visa Programme
On the 29th March 2021 the Malta Residence and Visa Programme (MRVP) was replaced by a new programme: the Malta Permanent Residence Programme (MPRP) and regulated under the Malta Permanent Residence Programme Regulations (L.N. 121 of 2021).
The information on this page is about the updated MPRP. Read the release news here.
Malta Golden Visa Requirments
The Malta Golden Visa Programme is available to Non-EU investors and their families, subject to eligibility criteria and background checks, as well as a financial investment. The requirements for the investor is summarised as follows:
- If purchased, the property value must be a minimum of €350,000 for a property situated in Malta or €300,000 for a property situated in Gozo or the South of Malta.
- If rented, the lease value must be for a minimum of €12,000 per year for a property situated in Malta or €10,000 for a property situated in Gozo or the South of Malta.
Make a Government Contribution which amount will depend if the qualifying property is rented or purchased, as it follows:
- If the property is purchased, the contribution will be €28,000 plus €7,500 for every parent or grandparent of the principal applicant or spouse.
- If the property is rented, the contribution will be €58,000 plus €7,500 for every parent or grandparent of the principal applicant or spouse.
- Make a Donation of €2,000 to a local non-governmental organisation registered with the Commissioner for Voluntary Organisations, or as otherwise approved by the Agency.
Also, an administrative fee of €40,000 per application will be due. Upon submitting the application, €10,000 will need to be paid, and the balance (€30,000) upon the file’s approval.
Our Advisory team will be happy to hear from you and provide you with a capital outlay for the Malta Golden Visa Programme, also known as the Malta Permanent Residence Programme (MRPR) so you can have the full associated cost to apply for residence in Malta.
Our team will guide you through the MPRP process whilst the Consultants from Malta Sotheby’s International Realty will be able to find you the right property to fulfil the investment criteria whilst also catering for your family needs.
Malta Golden Visa Programme: The Benefits
We understand that getting residence through the Malta Golden Visa Programme is a very important decision for your family’s future. CSB Group Advisory Team will assist you in every part of your decision and will process your application on time.
The Maltese Golden Visa will give you and your family:
- The right to settle, stay and reside permanently in Malta;
- Visa-free travel across Schengen, 90 out of 180 days;
- Penetrate Malta’s affordable real estate market;
- Possibility to include up to four generations in an application;
- Possibility of working in Malta and any other EU country.
Having an alternative residence in Malta is a smart investment for families interested in having a base in Europe. This, in turn, grants families a safe harbour, a Mediterranean lifestyle, and top education opportunities.
Schengen Area – The Malta Golden Visa Programme
The Schengen Area comprises 26 European states that have officially abolished passport, this includes the Maltese passport and other types documents and procedures of border control. This effectively works as a single jurisdiction for international travel purposes, with a common visa policy.
On the other hand, the European Union (EU) is a political and economic union of 27 member states that are located in Europe.
What the above means, is that a country can be part of the EU but not of the Schengen Area, such as with Cyprus, for example. Malta became an EU member on the 1st of May 2004, and has been part of the Schengen Area since 2007.
Being granted with a Malta Golden Visa means that the applicant and his/her dependents (dependent children or otherwise) will be able to live in Malta and travel within the Schengen Area without the need to apply for a visa. However, if they want to relocate to any other EU country, applicants may consider applying for the Malta Citizenship by Direct Investment given that the MPRP does not grant citizenship, and as only EU citizens can enjoy the ability of relocating freely within the European Union.
Who can apply for the new Malta Golden Visa Programme – (MPRP) regulations?
As with the previous regulations, only Third Country Nationals (TCN) can apply for residence under the new Malta Permanent Residence Programme (MPRP) regulations. To the effects of the regulations, Third Country Nationals are those individuals who are not citizens of the European Union. EEA nationals and Swiss nationals shall not be considered to be third-country nationals.
Also, persons who qualify as dependents of the principal applicant defined by the L.N. 121 of 2021 enacting the new Malta Permanent Residence Programme (MPRP) regulation can apply. The qualifying dependents are defined as follows:
- The principal applicant’s spouse in a monogamous marriage or in another relationship having the same or a similar status to marriage. For the purposes of the MPRP, the term “spouse” shall be gender-neutral;
- Children, including adopted, of the principal applicant or his spouse who, at the time of application, are less than 18 years of age;
- Children over the age of 18 years old, not married, and principally dependent on the principal applicant;
- Financially dependent parents or grandparents of the principal applicant or of his spouse; or
- Disabled adult children of the principal applicant or spouse.
Are there any other requirements to be granted with residence under the Malta Golden Visa Programme regulations?
All applications must be submitted by an Approved Agen