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posted 3 years ago
Located in the middle of the Mediterranean sea, Malta is characterized by its beguiling blend of cultures, quiet villages, outdoor activities, and mesmerizing beaches tucked between secret coves. Some say the sun never stops shining in Malta, which is understandable given the island gets about 3,000 hours of sunshine each year.
In recent years, Malta has attracted the likes of families, investors, and business-oriented individuals looking to enhance their quality of life and safeguard their freedoms. And thanks to the Malta Permanent Residence Program (MPRP), third-country nationals (non-EU) can obtain Malta residency by investment. Successful applicants acquire a Certificate of Maltese Residence, which enables them and their family members to settle down in Malta and permanently live on the Mediterranean island. The program is ideal for individuals with enough capital assets looking to enhance their mobility and quality of life.
The applicant must make three separate investments, as noted below.
Property investment
Rent a property with a minimum annual rent of €10,000 in the South of Malta/ Gozo or €12,000 in the rest of Malta. Alternatively, the investor can buy a property valued at €300,000 in the South of Malta/Gozo or €350,000 in the rest of Malta.
Non-refundable contribution
€28,000 if purchasing a property or €58,000 if leasing or renting a property.
Charitable donation
Donate €2,000 to a local philanthropic, cultural, scientific, artistic, sport, or animal welfare NGO registered with the Commissioner of Voluntary Organizations.
Malta is a very attractive location to live in or retire to. The small but vibrant nation has become somewhat of an investment hub, leading in innovation, cryptocurrency, and the tech startup space.
The Malta Permanent Residence Program allows qualifying applicants to tap into this market of opportunities, enabling them to acquire an alternative residence in Europe. For more information on Malta, check out our all about Malta guide here.
Residency Malta Agency is the government body responsible for managing the MPRP program. The agency maintains a high standard in attracting high-caliber individuals and families, applying a strict four-tier due diligence process that ensures the most meticulous screening process. In addition, investors must fulfill a set of program requirements to be eligible to partake in the program.
Global Citizen Solutions is a boutique investment migration consultancy firm offering second residency and citizenship by investment solutions for international families looking to enhance their freedoms, invest abroad, and/or relocate.
Individuals interested in applying for the MPRP program must do so through a registered approved agent. Global Citizen Solutions work in partnership with an approved agent based in Malta, offering a bespoke end-to-end service to guide clients every step of their journey to securing Maltese residency. Learn more about us by clicking here.
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