Malta Permanent Residency Program 2024

Malta also offers Citizenship By Investment regulations, but for this option just the minimum non-refundable government contribution will set you back €600,000 or €750,000, depending on how fast you wish to naturalize.

Malta is arguably the best Plan B destination in the world, especially if your end-goal is obtaining Maltese Permanent Residency. We’re here to ensure that your Malta Permanent Residency Program (MPRP) application is fast and seamless in 2024. 

Malta’s Permanent Residency Program is quite unique in a number of ways:

    • For starters, it offers immediate Permanent Residency status (unlike Portugal, Spain, Greece and Hungary), and it’s valid for life.
    • The program has a minimum personal net worth requirement of €500,000 (more on this below).
    • Applicants HAVE to submit their Malta Permanent Residency Applications via a Licensed Agent such as ourselves, as Residency Malta Agency will not deal with PR applicants directly.
    • Applicants have to make a non-refundable government contribution, a charitable donation, and then have to either rent a property, or buy a property.

The below guide to the 2024 MPRP program covers all its key aspects – from the benefits and financial requirements, to the application process and the documents required.

And if you’d like to speak with an expert consultant to help you determined whether Maltese Permanent Residency is right for you and your family, we’re here to help.

Before you overpay for Malta permanent residency by investment in 2024, be sure to get a free tailored quote from us first – fast.

Benefits of the Malta Permanent Residency Program (MPRP)

ENJOY VISA-FREE
SCHENGEN TRAVEL

Maltese residents can travel across all 27 Schengen countries, visa-free, for 90 out of every 180 days.

OWN THE ULTIMATE EUROPEAN PLAN B

Quality Of Life. Personal Safety. Exceptional Affordability. English Speaking.

DYNAMIC PROPERTY
MARKET EXPOSURE

By choosing to acquire a property in Malta, you can gain exposure to this dynamic real estate market.

A HIGHLY STABLE, GLOBALLY RESPECTED PROGRAM

Malta offers a clear, reliable process, sterling due diligence standards and a stellar reputation.

BUSINESS FRIENDLY JURISDICTION

Malta is exceptionally pro-business, and boasts an exceptionally highly skilled labor pool.

LEADING FINANCIAL
SERVICES HUB

Malta is a global leader in financial services, and has double taxation treaties with over 60 countries.

GENEROUS FAMILY ELIGIBILITY

With the MPRP, you can include up to 4 generations of family in a single application.

FAST APPLICATION APPROVALS

Once your application has been submitted, you can expect an approval within just 4-6 months.

ACCESS WORLD CLASS BENEFITS AND SERVICES

Malta is home to to top-tier educational facilities and a host of class-leading healthcare services.

Key Financial Requirements (2024)

Requirement Property Purchase Option Property Rental Option
Minimum Personal Net Worth €500,000 (of which €150,000 must be in financial instruments, i.e. not real estate) €500,000 (of which €150,000 must be in financial instruments, i.e. not real estate)
Property Purchase / Rental Gozo Island or Southern Malta: €300,000;
Anywhere else in Malta: €350,000

Property must be held for 5 years.
Southern Malta or Gozo Island: €10,000 per year for 5 years (€50,000 total);

Anywhere else in Malta: €12,000 per year for 5 years (€60,000 total)

Admin/Processing Fee €40,000 €40,000
Non-Refundable Government Contribution €28,000.

(This amount increases by €7,500 for each parent or grandparent of the main applicant or their spouse added to the application.) 

€58,000.

(This amount increases by €7,500 for each parent or grandparent of the main applicant or their spouse added to the application.) 

Charitable Donation €2,000.

Donation must be made to local philanthropic, cultural, scientific, artistic, sport or animal welfare NGO registered with Commissioner of Voluntary Organisations.

€2,000.

Donation must be made to local philanthropic, cultural, scientific, artistic, sport or animal welfare NGO registered with Commissioner of Voluntary Organisations.

Legal Fees Variable based on supplier chosen Variable based on supplier chosen
Professional Services Fees Variable based on supplier chosen Variable based on supplier chosen

Malta’s Residency By Investment Program vs Competing EU Golden Visas

Key Consideration Malta MPRP
(Malta Golden Visa)
Portugal Golden Visa Spain Golden Visa Cyprus Golden Visa Greece Golden Visa Italy Golden Visa (Italian Investor Visa)
Minimum capital requirement Around €150,000+ (Rental Option) €500,000 (Fund Investment) €500,000 (Property Investment) €300,000+ (Property Investment) €250,000  (Property Investment) €250,000 (Startup Investment)
Official Program Website Click Here Click Here Click Here Click Here Click Here Click Here
Schengen Visa-Free Travel Yes Yes Yes No Yes Yes
Immediate Permanent Residency Status Granted Yes No No Yes No No
Real Estate Investment Option Available? Yes No Yes Yes Yes No
Property Rental Option Available? Yes No No No Yes No
 Russians and Belarusians eligible? No No Yes No No Contact us for more information.
Minimum Stay Requirements No Yes (7 days per year, on average) No No No 1 Day every 2 years.
Known program issues or processing delays No Yes – biometrics appointment delays No No No Required bank letter poses obstacles
Initial residency permit validity 5 Years 2 Years 3 Years Valid indefinitely 5 Years 2 Years
Minimum Residency Period Before Naturalization 7+ Years (However 15+ years is common in practice) 5+ Years 2+ Years (for Ibero American nationals) or 10+ Years (for everyone else) 7+ Years 7+ Years 10+ Years
Language Proficiency Test For Naturalization Yes Yes Yes Yes Yes Yes

Gain Maltese Permanent Residency By Investment For Up To Four Generations Of Family

The primary applicant’s spouse, children, parents and grandparents, as well as the parents and grandparents of the primary applicant’s spouse, can be included in the application. Generally speaking, adult family members must be principally (i.e. financially) dependent on the primary applicant.

Why Choose To Work With Us?

A Globally Respected Team Of Residency And Citizenship Planning Professionals
Preferred Suppliers For Family Offices And UHNW Clients Around The World
We Are THE Maltese Residency And Citizenship By Investment Experts – Based In Valletta
Official Registered Agents For Malta’s Permanent Residency Program And CBI Option (Agent Code: AKM-DISC)
100% Track Record Of Success For Vetted Clients Across ALL Global Programs
We’re Fully Vertically Integrated, And Pass The Associated Cost Savings On To Our Clients

Malta CBI vs Malta PRP

Consideration Citizenship For Exceptional Services
By Investment (2024)
Malta Permanent Residency Program (2024)
Legal Basis Legal Notice 122 of 2021 Subsidiary Legislation 188.06
Legal Status Temporary Residency, followed by Citizenship By Naturalization Permanent Residency
Minimum Annual Stay Requirement Yes (during the residency stage). No (But you must visit for residency card renewal once every 5 years).
Minimum Net Worth Requirement No Yes (€500,000, with at least €150,000 in financial assets)
Minimum Investment Requirement: Property Rental  Around €690,000+ Around €150,000+
Family Members Eligible For Inclusion Yes Yes
Application Process Duration 18 Months or 40 Months (including 12-month or 36-month residency period, depending on the investment amount selected). 4-6 Months
Clear Path To Maltese Citizenship Yes  No
Passive Income Requirement No No
Medical Insurance Required In Malta Yes (during residency stage) Yes
Clean Criminal Record Required Yes Yes
NGO Donation Required €10,000 €2,000
Minimum Government Contribution

 €600,000

€28,000 (if purchasing a property;
€58,000 (if renting a property).

The Malta Permanent Residency Program Application Process At A Glance

How to apply for Maltese PR By Investment in 2024…

Other European Residency By Investment Programs To Consider in 2024

Spain Golden Visa
Greece Golden Visa
Cyprus Golden Visa
Hungary Golden Visa
(Launching 2024)
Latvia Golden Visa
Bulgaria Golden Visa

Meet Our Malta Permanent Residency By Investment Experts

Laszlo Kiss
Laszlo KissManaging Director: Golden Visas Malta
Jeanesse Sehlstedt
Jeanesse SehlstedtPrivate Client Advisor: Golden Visas Malta

100% CLIENT APPROVAL RATE – OVER 2,200 CLIENTS TO DATE.

Before you overpay for your Malta permanent residency or citizenship by investment in 2024, be sure to talk to us first.

Contact us now to learn more or request a free quote – fast.

GOLDEN VISAS MALTA:
VALLETTA OFFICE

ADDRESS: 215/1B, OLD BAKERY ST, VALLETTA
VLT 1451, MALTA.

PHONE: +356 7799 9019

EMAIL: contact@goldenvisas.mt

AGENT CODE: AKM-DISC

WEB: GoldenVisas.mt

Before you get overcharged elsewhere, be sure to talk to the Maltese Golden Visa experts first.