Permanent residence permit of Malta through investment
Malta is an island nation in the Mediterranean with a very mild climate, low crime and a high standard of living. Based on Maltese law, foreign nationals may apply for a residence permit in Malta through investment or through participation in the process of obtaining citizenship of Malta through naturalization for an exceptional contribution to the economic development of the country.
Permanent Residence Permit in Malta.
Benefits of permanent residence:
obtaining a permanent residence permit without requirements for permanent residence in the country;
permanent residence in Malta allows you to live and work in the country, become a tax resident, and also provides visa-free access to the Schengen countries for short-term visits;
relatives of applicants up to the fourth generation (great-grandparents), unmarried couples, unmarried children of any age can participate in the program.
Conditions for obtaining permanent residence in Malta.
Make a gratuitous government contribution and buy or rent real estate in the amount of:
A contribution of 28,000 euros in case of purchase of a property valued at least 350,000 euros or 300,000 euros in the south of Malta and Gozo, for the main applicant;
A fee of EUR 58,000 in the case of property rentals between EUR 10,000 and EUR 12,000 per year depending on the area for the main applicant;
Pay an administrative fee of 40,000 euros per application;
Make a contribution to a local accredited charity of at least EUR 2,000 for the main applicant;
Provide confirmation of the availability of capital in the amount of at least EUR 500,000, of which at least EUR 150,000 is in financial instruments;
Take out a health insurance policy with a coverage of at least 30,000 euros.
It is necessary to fulfill these conditions of the program for at least five years after receiving a certificate and a permanent resident card. Each candidate dependent on the main applicant must pay a fee of 7,500 euros, as well as children over 18 years old in the amount of 5,000 euros. All participants of this program must provide documents on the absence of a criminal record and pass a medical examination.
Citizenship of Malta
Cost of support for obtaining a residence permit in Malta:
We will be happy to advise you