Residency Malta Agency has announced significant updates to the MPRP, aimed at making the programme more flexible and attractive for applicants.
Temporary One‑Year Residence Permit
- New applicants may now be issued with a one‑year temporary residence permit at the start of their application, once standard background checks are passed.
- Within six months, all documentation must be submitted.
- On Approval in Principle and full compliance, the permit is converted to a Permanent Residence Certificate.
- If an application is refused, the temporary permit is revoked within 15 days of the refusal notice.
Revised Pricing Structure
While the qualifying investment and NGO donation remain unchanged, the following fees now apply for applications submitted on or after 1 January 2025:
- €60,000 non‑refundable administration fee (previously €50,000 for main applicant only, now it is also catering for dependents such as the spouse and minor dependants.)
- €7,500 for each adult dependant (except spouse). (Previously €10,000 per dependant, including spouse and minor dependants).
- €7,500 for each additional dependant added after issuance of certificate. (Previously €10,000)
- €37,000 contribution for the main applicant (whether buying or leasing property). (Previously €30,000 if purchasing a property and €60,000 if renting a property).
Greater Property Flexibility
- Applicants purchasing a qualifying property may now lease it out when they are not in Malta (subject to guidelines).
- Applicants leasing a qualifying property may, with landlord consent, sublet after the initial five‑year lease period.
- Licensed agents must maintain detailed logs of such leasing arrangements.
Licensing Framework
- Licensing authority for agents formally transfers to Residency Malta Agency.
- Existing licences issued under Subsidiary Legislation 188.05 remain valid until 31 December 2025.
These changes are designed to provide more flexibility for investors and their families, while strengthening compliance and oversight.
We recommend all employers review these changes and ensure upcoming applications or renewals are planned in alignment with the new requirements. If you need assistance understanding or complying with these measures, please do not hesitate to contact us.
