Malta’s residence by investment
Home to World Heritage sites and a popular filming location, Malta attracts people with its savoury food, rich history and cultural traditions.
The Republic of Malta is a European island state in the Mediterranean Sea. The Maltese archipelago comprises three inhabited islands: Malta, Gozo and Comino, and 18 uninhibited. The smallest one is Comino, and it is mainly unpopulated. The largest one is Malta followed by Gozo, with the former being a cultural, commercial and administrative centre and the latter mainly known for fishing, crafts and agriculture.
Benefits for investors
It is a high-income advanced, innovation-driven economy offering foreign investors a lot of benefits in exchange for their investment in the country.
- Residence card in 1-3 weeks for visa-free entry to Schengen states
- Right to live, study and work in Malta
- Productive English-speaking workforce
- Favourable geographic location
- Fully developed open market economy
- Politically and economically stable EU state
- High standards of healthcare and education
- Low crime rate
- No tax on property
- Low corporation tax
- Stable property market
- Easy connections with EU and neighbouring countries
Residence for non-EU/EEA/Swiss nationals
The Malta Residency and Visa Program was launched by the government to offer residence to third-country nationals that are high-income earners and contribute to the economy of the country.
1-year residence in the country leads to gaining citizenship through the Maltese Citizenship by Investment Program.
Eligibility and requirements
- Main applicant must be at least 18 years of age.
- Annual income of not less than €100,000 arising outside of the country or possessing a capital of not less than €500,000.
- Ability to maintain themselves and dependants.
- All applicants must be in good health and have health insurance.
- Clean criminal record and good character.
- Pay a non-refundable initial fee of €5,500.
- Pay additional €5,000 for the main applicant (+€1,000 for a spouse or dependant).
Period of grant and renewal
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.
The following payments and contributions must be made in order to qualify for Maltese residency.
- Government contribution
A contribution of €30,000 must be made in the following order: €5,500 are non-refundable and paid upon submission of the application, and €24,500 – after a residence permit is issued.
- Investment in real estate
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|
- Investment in bonds
Purchase of government bonds for at least €250,000; they must be held for at least 5 years from the date of issue.
Other fees and charges apply.
Residence for EU/EEA/Swiss nationals
The applicants must work or be self-sufficient to maintain themselves and their dependants without recourse to public funds.
Successful applicants will be offered a preferential tax status in exchange for the following investments:
- Purchase or lease of qualifying real estate for a minimum of €220,000 or €8,750 per year correspondingly, based on the location of the property. And the property needs to be declared the applicant’s principal place of abode worldwide, so it cannot be let or sublet.
Residence Program 2014
This Program was launched to attract EU/EEA/Swiss nationals who are not permanent residents of Malta.
This program was designed to attract EU/EEA/Swiss nationals who are not employed and who receive their pension in Malta, and that pension is their regular source of income constituting 75% their chargeable income.
Imperial & Legal is a partner you can rely on. We make sure you get second citizenship within the shortest time and at a minimum cost. We guarantee quality, reliability, professionalism and full confidentiality.
We have a team working in London and Malta, and we see to it that all your documents are duly prepared, all forms are completed correctly and submitted in due time.
When working on your application, we make sure that every required document is obtained, translated, notarised and legalised. We know all the pitfalls and potential problems we might have when preparing your case, and this helps to minimise costs and time spent.
We handle all the documents and paperwork with confidentiality and care, so our clients can rely on and trust us with their personal matters.