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Malta

About Malta

CapitalValletta
Total Area316 km2
Population514,564
LanguagesEnglish and Maltese
CurrencyEuro (EUR

Malta has been a member of the European Union (EU) since 2004 and is a stable, neutral and highly respected country. Located in the middle of the Mediterranean Sea, the Maltese archipelago has risen to be one of Europe’s leading investment locations, driven by its reputation for stability, predictability and security. This has made Malta stand out among other global business and financial centers.

The island nation comprises of three islands: Malta, Gozo and Comino, with a total population of over 500,000 inhabitants occupying an area of 316 km2. The national language is Maltese but the official languages of the country are both Maltese and English. Malta boasts an excellent climate, friendly people, and a low crime rate. 

The Malta Residence and Visa Program (MRVP) was implemented in 2015 under the Immigration Act (Cap. 217). The legal basis regarding the MRVP is contained in the Malta Residence and Visa Program Regulations, 2015. These Regulations allow duly qualified, reputable third country nationals (non-EU, EEA or Swiss nationals) and their families, who make a contribution to the economic development of Malta, to be granted a Maltese Residence Permit, allowing the individuals the right to reside, settle and stay indefinitely in Malta, with free movement of travel within the Schengen area.

Qualifying Criteria 

  1. The Main Applicant must be at least 18 years of age to qualify and: 
    • Be in receipt of stable and regular resources which are sufficient to maintain themselves and their dependents without recourse to the social assistance system of Malta 
    • Be in possession of a valid travel document as well as their dependents 
    • Possess clean criminal records 
    • Demonstrate that he does not suffer from a contagious disease or a health condition that could become a significant burden on the Maltese health system 
  2. Dependents – In addition to the main applicant, the programme also covers (at no additional commitments): 
    • Spouse 
    • Children less than 18 years of age 
    • Unmarried children between 18 and 26 years of age who are still dependent on the main applicant 
    • Parents or grandparents of main applicant or spouse who are still dependent on the main applicant 
    • Children over 18 years of age who are certified by a recognised medical professional as having a disability in terms of the Equal Opportunities Act (persons with disability) and who are living with, and are fully supported by the main applicant 

The commitments which are necessary to qualify for this program are: 

  • A monetary contribution of €30,000 covering all involved parties + €5,000 per parent or grandparent included in the application. 
  • Acquisition of property in Malta worth at least €320,000 (if North of Malta ) or €270,000 (if Gozo or South of Malta). Rather than acquired, property could be rented at a minimum of €12,000 annually (if North of Malta) or €10,000 annually (if Gozo or South of Malta). Once five years have elapsed, a suitable property needs to be held in order to renew the residence permit. 
  • Invest the sum of at least €250,000 in a qualifying investment to be held for at least 5 years. 
  • Health insurance covering all risks across the whole of the European Union. 

Key Advantages 

  • Residence in an EU member state that is neutral, stable and highly respected 
  • The right to reside, settle and stay indefinitely in Malta 
  • A very straightforward application process 
  • Freedom of movement within Europe’s Schengen Area and security within its social and legal system 
  • Family members can be included

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