Non-EU Nationals interested in taking up residence in Malta can avail themselves of the Malta Residence and Visa Programme, allowing the beneficiaries together with their registered dependents to reside, settle or stay indefinitely in Malta.
- The right to reside indefinitely in Malta;
- Visa-free travel within Schengen Area;
- Ability to work in Malta (subject to obtaining a work permit);
- No minimum physical presence required to maintain immigration status;
- Spouse, children, parents and grandparents are eligible.
ELIGIBILITY AND APPLICATION COSTS
- For an applicant to qualify for the Malta Residence and Visa Programme, he/she needs to meet the following qualifications and requirements:
- Be at least 18 years of age;
- Have an annual income of not less than €100,000 arising outside of Malta, or have in his/her possession capital of not less than €500,000;
- Have stable and regular resources which are sufficient to maintain himself/herself and any of his/her dependants;
- Be in possession of valid travel documents, for both himself and his dependents;
- Be in possession of adequate health insurance covering the EU territory;
- Be in possession of a Clean Police Conduct from one’s birth place as well as any country the applicant and his/her dependant/s have resided in for longer than 6 months in the past 10 years;
- Pay a non-refundable initial fee of €5,500 to the Government of Malta that is to be settled upon submission of application;
- Be a fit and proper person.
Subject to meeting all eligibility criteria, the applicant will be issued with a Letter of Approval in Principle. At this stage the applicant will be required to pay a contribution of €30,000 less the non-refundable administrative fee of €5,500 referred to above.
The contribution of €30,000 covers the main applicant, spouse and the children of the main applicant and/or the spouse at application stage. An additional €5,000 is to be submitted per any other dependant including parents, grandparents, as well as for the spouse of a previously approved dependant child if he/she was not included in the original application. An additional €5,000 also applies in the case of a child, born or adopted after the approval date, of a previously approved dependant child or of his/her spouse.
A residence certificate will then be issued and applicants may apply for a residence card valid for 5 years.
To qualify for the Malta Residence and Visa Programme, an applicant must also hold a qualifying property for a minimum of 5 years from the date of issuance of the Residence Certificate, either by purchasing or renting.
In the case of purchasing a property, the minimum value must be of at least €270,000 for properties situated in Gozo or the South of Malta, and a minimum of €320,000 for properties situated in the rest of Malta.
If the applicant opts to rent a property this must be of a minimum rent of €10,000 per annum for properties situated in Gozo or the South of Malta, and a minimum of €12,000 per annum for properties situated in the rest of Malta.
Applicants must hold a qualifying investment of not less than €250,000 for a minimum of 5 years from the date of issuance of the Residence Certificate.
Dependants who may be included within the MRVP application of the main applicant include:
- the spouse of the main applicant in a monogamous marriage or in another relationship having the same or a similar status to marriage;
- the children of the main applicant or the spouse, under the age of 18;
- a child, including an adopted child, of the main applicant or of his spouse, who at the time of application is not yet born or not yet adopted by the main applicant or by his spouse, and is born or becomes so adopted after the appointed day;
- the adult children of the main applicant or the spouse, over the age of 18, who at the time of the application are unmarried, not economically, active and are principally dependant on the main applicant;
- the parents or grandparents of the main applicant or the spouse, who at the time of the application are not economically active and are principally dependant on the main applicant;
- an adult child of the main applicant or the spouse of the main applicant who has been certified by a recognised medical professional/Authority as having a disability in terms of the Equal Opportunities (Persons with Disability) Act and who is living with, and is fully supported by, the main applicant;
- The spouse of a previously approved dependant child of the main applicant/spouse may be included on the Main Beneficiary’s certificate against a non-refundable supplementary administration fee of €5,000 per person and subject to a successful due diligence check.
Once approved the residence permit is issued for 5 years, renewable thereafter, provided all conditions are met.
Applications are to be administered by a Registered Accredited Person (RAP) or a Registered Approved Agent (RAA) duly registered with the MRVA.
Once a Residence Permit is issued, this will grant the beneficiary and his/her dependants the right to reside, settle or stay in Malta, indefinitely, plus the ability to freely travel around the countries in the Schengen Area. It also provides them with the opportunity to live in a country having a moderate cost of living and the possibility for the beneficiary and any approved dependant of age, to apply for a work permit. It also provides the opportunity and the ability to live in a safe country which is both politically and economically stable, along with access to high level educational institutions and renowned English Schools.
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