Malta Residency and Visa Program (MRVP)

November 5, 2018
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Malta Residency and Visa Program

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  1. Malta Residency by Investment (Malta MRVP Program)
  2. Benefits of Malta Residency by Investment
  3. Malta Residence and Visa Program Cost
  4. Eligibility Criteria for MRVP
  5. MRVP Application Process (Timeline)

Malta Residency by Investment (Malta MRVP Program)

If you are in this section, this means you are looking for a unique strategy to safeguard your future prosperity and security.
 
If you are a third-country national, then you and your family can permanently relocate to Malta through MRVP. A unique program that grants you permanent residence in Malta by investment.

Through MRVP, you and your family get the right to reside, settle and stay indefinitely in Malta. It is done by issuing you with a lifetime Permanent Residence Certificate together with a Malta Residence Card.

In simple words, you and your family can take up Malta Permanent Residence through the Malta Residency by Investment Program.

Given that Malta is a member of the European Union and also the Schengen area, you enjoy unrestricted entry into Malta as well as free movement within the Schengen Area, within the Schengen agreement. This means you can cross internal borders without checks.
 
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But first, let us first start with,

Benefits of Malta Residency by Investment

The Malta Residency programs give the opportunity to Non-European Nationals and their families to settle in Malta.
 
Living in Malta can have numerous benefits, we thought we’ll make it easier for you and list them down.
 
Business
  • Base your operations in the European Union’s fastest-growing economy;
  • Opportunity for unlimited access to the European Union, the world’s largest economic zone;
  • Profit from a tax-efficient system on both personal and corporate;
  • You can get tax residency status on showing ordinary residence in Malta;
  • Investment options in a stable and booming real estate market;
  • The possibility of tax benefits under the Global Residence Program as well.
 
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Family
  • Relax in one of the safest countries in the world;
  • Access to leading health care institutions;
  • Secure your children’s future through a world-class education system;
  • Apply for a European Long-Term Residence Permit after 5 years in Malta;
  • Personal security for you and your family, in case of instability in your native country;
  • Affordable real estate options for buying a second home;
  • The eligibility to apply for naturalisation as a Maltese citizen.
Travel
  • Mobility is key. Lifetime travel without border checks across 26 Schengen visa countries.
  • That means no more time-consuming Schengen visa application hassles.
SCHENGEN COUNTRIES
Austria-Flag(1) Austria Hungary-Flag(1) Hungary Norway-Flag(1) Norway m_europe
Belgium-Flag(1)
Belgium Iceland-Flag(1) Iceland Poland-Flag(1) Poland
Czech-Republic-Flag(1) Czech Republic Italy-Flag(1) Italy Portugal-Flag(1) Portugal
Denmark-Flag(1) Denmark Latvia-Flag(1) Latvia Slovakia-Flag(1) Slovakia
Estonia-Flag(1) Estonia liechtenstein(1) Liechtenstein Slovenia-Flag(1) Slovenia
Finland-Flag(1) Finland Lithuania-Flag(1) Lithuania Spain-Flag(1) Spain
France-Flag(1) France Luxembourg-Flag(1) Luxembourg Sweden-Flag(1) Sweden
Germany-Flag(1) Germany Malta-Flag(1) Malta Switzerland-Flag(1) Switzerland
Greece-Flag(1)  Greece Netherlands-Flag(1) Netherlands    
 
 
Live
  • The right to indefinitely reside, settle and stay in Malta;
  • Enjoy a progressive and politically stable country;
  • Live the relaxed Mediterranean life;
  • Enjoy the warm summers and moderate winters;
  • Easily communicate through English as an official language;
  • Affordable yet amazing standard of living;
  • Infinite profitable investment property options;
  • Pollution-free environment.
So by now, we believe that you have a good idea about the benefits that come with Maltese residency. But, if you still have any query, please feel free to reach out to us at info@wahaat.com.
 
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Benefits of Malta Residency by Investment
 

Malta Residence and Visa Program Cost

First things first... You are NOT required to pay the entire amount in one go.

The outlay structure is divided into different sections, namely:
 
  • Contribution to the Government of Malta;
  • Property Purchase or Rental Requirements (Qualifying Property); and
  • Investment Upon Approval (Qualifying Investment).
Malta Residence and Visa Program Cost
Contribution to the Government of Malta
  • You are required to pay a contribution of €30,000;
  • Out of the €30,000 contribution fee, €5,500 is a non-refundable administrative fee which must be paid upon submitting the relevant application to the Authority.
  • The contribution amount of €30,000 at the application stage covers:
    • You;
    • Your spouse; and
    • All the qualifying dependents.
  • A further contribution of €5,000 is applicable for every parent or grandparent (yours or your spouse's).
Qualifying Investment
  • Invest an initial value of €250,000 in debt or equity securities listed on the Official List of the Malta Stock Exchange. It can also be achieved through an investment in collective investment schemes that are licensed and are on the Official List of the Malta Stock Exchange.
  • These are to be held for 5 years from the date of the issuance of the certificate.
Qualifying Property
  • The acquisition of real estate with a minimum value of €320,000 (€270,000 if located in Gozo or the South of Malta) OR
  • Lease of residential immovable property for not less than an annual rent of €12,000 (€10,000 if located in Gozo or the South of Malta).
  • The qualifying property is to be held for a minimum period of 5 years from the date of the issuance of the certificate.
 
 
The Malta Residence and Visa Program could be the solution to every query you may have. Reach out to us today at info@wahaat.com to know more about it.
 
 
Malta Residence and Visa Program Cost 
Now that you know what the MRVP is and the benefits it entitles you to, along with its cost,
 
Let us jump to the next big question,
 

Eligibility Criteria for MRVP

For you to be eligible for the MRVP, you must meet several Malta immigration requirements, namely:
 
  • Be at least 18 years of age;
  • Have an annual income of not less than €100,000 arising outside of Malta, or have a global net worth in excess of €500,000;
  • Have a stable and regular income for maintaining yourself and your family;
  • Have medical insurance that covers you and your family globally;
  • Have a certificate of good health from a reputable health system;
  • Not be considered a potential national security risk;
  • Not having a reputational risk; and
  • Not subject to criminal proceedings.
You will be required to pay the amounts at different stages of the application.
 
Eligibility Criteria for MRVP
 
By now, you know how you can be eligible and how much MRVP will cost you.
 
Let us move further and discuss;

MRVP Application Process (Timeline)

To make it simpler for you, we have created a week wise flowchart to explain the Malta residency application process (Expand below to learn more).
 
 

Frequently Asked Questions (FAQs')

Below we have listed some frequently asked questions (FAQs);

 wahaat_citezenship
 

Final Words

Malta’s jurisdiction is an attractive option if you are looking for opportunities to relocate. If you are thinking of becoming a Resident of Malta, some of the many factors that rank Malta amongst the top ones are:

  • Steady economic growth;
  • Political stability;
  • Its geographical location;
  • Booming sectors including financial services, maritime, aviation, gaming and real estate;
  • Tax-efficient systems;
  • One of the world’s safest countries.

Many residents are attracted to this island state every year. They may be freelance professionals who can work remotely or retirees from countries like Northern Europe or the UK. Everyone who decides to become a resident of Malta is attracted to its natural beauty and architecture; relaxed lifestyle; the affordable cost of living along; and its rich historical culture.

Why Wahaat as your Relocation Services Advisor?

Wahaat is an advisory service firm that focuses on High-Net-Worth Individuals providing three distinct but related services:

Wahaat, through its affiliate, is proud to be the Official Concessionaire chosen by the Government of Malta to promote the Malta Residence and Visa Program throughout the Middle East.

Through Wahaat’s and its strategic partners’ international presence Wahaat has vast experience in the development and provision of holistic services that are suited for each individual client.

 
Written By
Yashica K. Pathak
Editorial Content Manager

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