The MPRP is a clearly structured residency-by-investment programme based on investments in property and government contributions. The success of the Programme lies in the all-round value it offers individuals and families wishing to make Malta their home away from home. This success is driving ever-growing numbers of application submissions which, at present, is affecting our original promise of a 4 to 6 month processing time from the submission of a complete and correct application. We are committed to reducing the current waiting time at the earliest and we are investing in a number of measures towards this end without, in any way, compromising our stringent due diligence checks.

Benefits

Beneficiaries:

  • have the right to settle, stay and reside permanently in Malta;
  • enjoy Visa-free travel across Schengen, 90 out of 180 days;
  • penetrate Malta’s affordable real estate market;
  • may include up to four generations in an application;

 

Eligibility and requirements

To be eligible for the MPRP, applicants should:

  • be third country nationals, non-EU, non-EEA and non-Swiss;
  • not hail from sanctioned countries, as announced from time to time by the Agency;
  • not benefit under other pertinent regulations and schemes;
  • be in receipt of stable and regular financial resources, sufficient to maintain themselves and their dependants, without recourse to the social assistance system of Malta;
  • show they have capital assets of not less than €500,000, out of which a minimum of €150,000 must be financial assets;
  • be fit-and-proper individuals and have a clean criminal record;
  • not pose any potential threat to the national security, public policy, public health or public interest.

 

To participate in the Programme, applicants must:

  • submit an application via a Licensed Agent;
  • pay a non-refundable administrative fee of €40,000;
  • rent a property for a minimum of €10,000 in the South of Malta/Gozo or €12,000 in the rest of Malta; or
  • purchase a property for a minimum value of €300,000 in the South of Malta/Gozo or €350,000 in the rest of Malta;
  • pay a Government contribution of €28,000 if purchasing a property or €58,000 if leasing a property;
  • pay €7,500 for each additional parent or grandparent of the Main Applicant and/or spouse who is principally dependant on the Main Applicant;
  • hold the qualifying property for a minimum period of 5 years after which a residential address is required;
  • make a donation of €2,000 to a local philanthropic, cultural, scientific, artistic, sport or animal welfare NGO registered with the Commissioner of Voluntary Organisations;
  • be in possession of a valid travel document;
  • take out a sickness insurance policy of cover all risks across Malta;
  • take out a travel insurance when travelling across Schengen.