Malta Golden Visa Program
The new Malta Permanent Residence Program was launched on 27th March 2021. It offers non-EU foreign investors the ability to obtain a valid European residence permit quickly and legally. Applicants and their families can live permanently in the country and can travel freely to all Schengen countries if the conditions are met. The program requires investors to make a certain contribution to the government of Malta and a qualifying investment within the country along with the minimum donation to the approved NGO in Malta. Investors can apply for naturalization as Maltese citizens after continuously residing in Malta for a minimum period of 5 years. To be eligible to apply for the program, investors must meet the main condition of proving that they are in possession of assets amounting to €500,000 (out of which €150,000 should be in the form of financial assets).
Which Family Members Can Be Added in the Same Malta Golden Visa Application?
Spouse or de facto partner
Dependent children under the age of 18
Unmarried dependent children between the ages of 18 and 26
Dependent parents and grandparents
Malta Golden Visa Benefits
Visa-free access to all Schengen countries, 90 days out of 180 days period
Investors and their dependents up to 4 generations can live, work, and study in Malta for an infinite time
A residency card as well as a certificate that is valid for a lifetime
Affordable real estate market
An abundance of business opportunities
Possibility of naturalization as Maltese citizens after 5 years of residency
Malta Residency by Investment
To apply for the Malta Permanent Residence Program the investor is required to meet the following requirements:
1- Cover administration fees for the application processing in a total of €40,000, out of which an initial fee of €10,000 is to be settled within a month of the application submission. The remaining €30,000 is to be settled within 2 months following the issuance of a Letter of Approval in Principle.
2- Donate to a Voluntary Organization the amount of €2,000
3- Invest in one of the following property options:
A) Rent a property for a minimum of €12,000 per annum in Malta (or €10,000 if the property is located in the South of Malta or Gozo).
B) Purchase a property for a minimum of €350,000 in Malta (or €300,000 if the property is located in the South of Malta or Gozo).
4- Contribute a certain amount to the Government of Malta, depending on the property investment type selected:
A) If you choose to rent a property, a direct contribution of €58,000 is required.
B) If you choose to purchase a property, a direct contribution of €28,000 is required.
The direct contribution has to be settled within 8 months following the issuance of a Letter of Approval in Principle and can be paid in tranches.
Malta Golden Visa Cost
Real Estate Investment
€350,000 (€300,000 if located in Gozo or the South of Malta)
Annual rent of €12,000 (€10,000 if located in Gozo or the South of Malta)
Contribution to the Government of Malta
€28,000 if purchasing a property
€58,000 if leasing or renting a property
€2,000 donation to a local philanthropic, cultural, scientific, artistic, sport or animal welfare NGO registered with the Commissioner of Voluntary Organizations
€7,500 for each additional dependent (except for the spouse)
How to Qualify for the Malta Golden Visa
Applicants must be 18 years of age or older
Investors must be a third-country national – not an EU/EFTA citizen
Applicants must have no criminal record
Investors must have a certification of good health from a reputable health care system
Applicants must have capital assets of not less than €500,000 out of which a minimum of €150,000 must be financial assets
Investors must be in possession of adequate health insurance
Malta Citizenship and Passport
Malta is ranked as the second safest country in the world according to the World Risk Report and offers its citizens first-class health service, a top educational system, and an excellent climate. Fitch has rated it as one of the fastest-growing economies in the world. It is politically and economically stable and offers investors excellent business opportunities. Applicants will get permanent resident status and naturalization as Maltese citizens after five years. It is also possible to become a Citizen by Investment.
Malta Visa Free Countries
Over the past number of years, the Maltese government has been successfully working on expanding its list of Visa-free countries.
FAQs About Malta Golden Visa
b) children under the age of 18
c) parents or grandparents who are principally dependent
d) Children with disabilities
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