Maltese residency for foreign nationals
The Malta Residency and Visa Programme (MRVP) was launched in Malta in 2015 and is currently run by the Malta Residence and Visa Agency (MRVA).
MRVP is offered to foreign nationals (not applicable to EU/EEA/Swiss nationals) that wish to obtain an EU residence card and use all the benefits of a stable and safe environment, including visa-free travel to Schengen states and right to live and work in any EU country. At the same time, if you do not intend to reside in Malta, there is no residence requirement, meaning that you only need to visit the country from time to time.
Malta Residence and Visa Programme can be used as a stand-alone opportunity or as a prequel to gaining citizenship through the Malta individual Investor Programme. According to the requirements of the Individual Investor Programme a certificate of naturalisation will only be issued if the main applicant has been a resident of Malta for a period of at least 12 months preceding the day of the issuing of the certificate of naturalisation.
To qualify for residency, an applicant must:
- Be at least 18 years of age.
- Have an annual income of not less than €100,000 arising outside of Malta or have in their possession a capital of not less than €500,000.
- Have stable and regular resources which are sufficient to maintain themselves and any of their dependants.
- Be in possession of health insurance in respect of all risks covered for Maltese Nationals.
- Have clean criminal record and be of good character.
- Be in good health.
- Pay a non-refundable initial fee of €5,500 upon submission of the application.
- Pay additional €5,000 for the main applicant (+€1,000 for a spouse or dependant).
Once a residence permit is issued, the applicant must:
- Pay the remaining contribution fee of €24,500 (+ €5,000 per additional adult applicant, if applicable).
- Pay card fees – €27.50 per person per year.
- Purchase or lease a qualifying property for at least 5 years with the following minimum values:
|Malta||€320,000||€12,000 per annum|
|Gozo/ South of Malta||€270,000||€10,000 per annum|
- Invest minimum €250,000 in government bonds for at least 5 years from the date of issue.
The residence certificate is issued indefinitely. It will be monitored annually for the first five years from its issue, and every five years thereafter. It means that applicant will need to visit Malta to renew it every year for the first 5 years and then once every 5 years.