The Malta Residence and Visa Programme is a permit available to all non-EU nationals along with their registered dependents (that are entitled to be issued with a residence permit) allowing them to land, reside, and settle indefinitely in Malta.
The applicant should not be under the following schemes: the High Net Worth Individuals – EU/EEA/Swiss Nationals Rules, Residents Scheme Regulations, the Malta Retirement Programme Rules, the Qualifying Employment in Innovation and Creativity Rules, the Residence Programme Rules or the Highly Qualified Persons Rules.
Prior to a certificate issued by Identity Malta, there are some conditions that applicants have to meet in order to benefit from this permit.
- The person must be eighteen years old and over;
- Meets the requirements for the Malta Residence and Visa Programme application;
- Commits to provide proof of title to qualifying property (to be held for a minimum five year period from the date of issuing of certificate) with:
- a minimum value of property situated in Malta is at €320,000, while the annual minimum rent is €12,000;
- a minimum value of property situated in the Southern Region of Malta or in Gozo is at €270,000 while the annual minimum rent is €10,000;
- Commits to invest in qualifying investment in a form determined from time to time by Identity Malta having an initial value of two hundred and fifty thousand euro (€250,000) to be held for a minimum period of five year period from the date of issuing the certificate;
- Commits to pay in full the contribution of €30,000 (non-refundable), Amongst other salient requirements this programme requires a non-refundable administrative fee of 5,500 Euro, which in a successful case is then deducted from the 30,000 Euro contribution that falls due before completion of the process
- The person is in receipt of stable and regular resources which are sufficient to maintain himself and his dependants without recourse to the social assistance system of Malta;
- The person and his dependents are in possession of valid travel document and a sickness insurance in respect of all risks across the whole of the European Union normally covered for Maltese nationals;
- The person has either an annual income of not less than hundred thousand euro (€100,000) arising outside Malta or has in his possession a capital of not less than five hundred thousand euro (€500,000);
- The person applying does not benefit under the following programme:
- The Residents Scheme Regulations
- The High Net Worth Individuals - EU / EEA / Swiss Nationals Rules
- The Malta Retirement Programme Rules
- The Residence Programme Rules
- The Qualifying Employment in Innovation and Creativity Rules
- The Highly Qualified Persons Rules
- All individuals who are beneficiaries of the Malta Global Residence Programme shall be allowed to apply for the issuance of the certificate in terms of the Malta Residence & Visa Programme launched under these Regulations.
- Beneficiaries of the Global Residence Programme shall be allowed to apply for the issuance of a certificate in terms of this program subject to satisfying all the additional eligibility requirements of these regulations.