Malta: Golden Visa Residency and Citizenship

For privacy reasons YouTube needs your permission to be loaded.
I Accept

 

The Golden Visa programme was introduced on the island of Malta in 2015 by Law No. 288/2015, called the Malta Residence and Visa Program (MRVP), which grants applicants the opportunity to have permanent residence for a period of 5 years, and which upon application can be converted, after five years have passed, into a permanent visa to reside in the State of Malta and so to move freely in the Schengen area.

The absolute dependability of the State in Europe, low taxation and the fact that it is an economically stable State (the only European State, along with Germany, not to be affected by the crisis in 2013) has meant that Malta has one of the most desirable Golden Visas on the market, and for this reason the State has determined the subjective requirements for access to the Golden Visa in a very stringent manner, stating that the applicant must:

  • be at least 18 years old and he/she and his/her family members (spouse, children or relatives) must not have a criminal record over the last 10 years;

  • Have an income abroad of not less than €100,000 per year or have capital worth not less than €500,000, as well as having sufficient economic resources to support themselves and their families during the period of residence;

  • Be in possession, both the applicant and his/her family members, of a valid identification document and valid health insurance, as well as being in possession of a certificate of good health;

The application form to be completed by the applicant anticipates:

  1. Payment of an initial contribution by the applicant to the state of Malta for the amount of €30,000;

  2. Payment of an additional fee of €5,000 for the applicant and for each relative;

  1. Evidence of preparation of a property investment in the State of Malta, for a period of not less than 5 years, with a value of:

    • A property investment of not less than €270,000 in the event that a property will be acquired on Gozo or in the south of Malta;

    • A property investment of not less than €320,000 in the case of property purchased in the remaining part of the State;

  2. Or alternatively, preparation of a lease for a term of not less than 5 years, with an annual value not less than:

    • €10,000 per year if the investment is in a property located on Gozo or in the south of Malta;

    • €12,000 per year if the investment is in a property located in the remaining part of the State.

  1. Making a qualified investment, in the State of Malta, in work in the public interest worth not less than €250,000; in this case, work in the public interest means an investment capable of producing new jobs or an investment in the public security sector, protection of public order, national security, protection of territorial integrity, public health and morality; in this case the investment must be maintained for not less than 5 years.

Greece   |   Portugal   |   Malta   |   Spain