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Malta Permanent Residency Program (MPRP)
In August 2015, Malta introduced the Malta Residency and Visa Program (MRVP), allowing investors to fulfill their dream of immigrating to Europe by purchasing €250,000 worth of Maltese government bonds, providing a pathway for four generations of their family. In January 2020, Malta officially renamed the program to the Malta Permanent Residency Program (MPRP) and implemented it on March 29, 2021. The program underwent changes, replacing the government bond option with an economic contribution plus renting/purchasing property, thereby lowering the application threshold. The renamed Malta Permanent Residency Program promises an official response within 4-6 months after submission, with lower application requirements and a more prominent permanent residency status. Since 2016, the program has received 3,580 applications to date, with the Residency Malta Agency approving 71% of the applications, rejecting 10%, and 3% of applicants withdrawing voluntarily. The remaining 16% are in the processing stage. Currently, 87% of the applicants are from China.
Malta Permanent Residency Program (MPRP) Application Requirements
1. The main applicant must be at least 18 years old
2. Clean criminal record
3. Proof of €500,000 in assets (including €150,000 in liquid assets)
4. Investment Requirements
(1) Economic Contribution:
a. Property Purchase Option: €40,000 application fee + €28,000 economic contribution + €2,000 NGO contribution
(€350,000 for properties in central Malta or €300,000 for properties in Gozo or the south of Malta) or
b. Property Rental Option: €40,000 application fee + €58,000 economic contribution + €2,000 NGO contribution
(€12,000 per year for properties in central Malta or €10,000 per year for properties in Gozo or the south of Malta)
(2) Proof of address: the main applicant needs to purchase or lease a property that meets government requirements and hold it for 5 years
(3) Insurance: Applicants need to have insurance coverage for all medical services in Malta, including hospital coverage, with a coverage amount of €30,000. The premium is approximately €500 per year per person
Malta Permanent Residency Program (MPRP) Process
Assessment and Contract Signing
Global assesses the client's eligibility and conditions, and if qualified, both parties sign the contract
Document Preparation
Complete the notarization, certification, translation, and other necessary processes for the documents
Provisional Approval
Receive the provisional approval letter after the application is reviewed
Residency Status and Residence Card
Obtain Malta residency status
Document Collection
Global's senior consultants collect client information and prepare the necessary documents for the application
Family Medical Check-up
Make appointments with designated hospitals for medical check-ups for all family members
Complete Investment
Make the final payment to the government, pay the card production fee, complete the investment, and fulfill the rental and insurance requirements
Payment of Lawyer's Fees and Third-Party Costs
Client pays the lawyer's fees and third-party document production costs
Submission of Immigration Application
The lawyer reviews the complete set of documents and schedules an appointment to submit the application
Arrival in Malta
After receiving the approval, the client needs to arrive in Malta once to complete the fingerprint registration
Why do permanent immigrants from Malta choose Globevisa?
Perfect product line makes you worry-free
It has opened more than 200 projects covering venture capital immigration, skilled immigration, passports, visa services, overseas education and overseas real estate, company registration, bank account opening, pension reunion and childbirth, identity renewal, etc., covering more than 40 countries and regions. With a complete vertical product line, tailor-made overseas plans for you.
The project development team makes you feel at ease
Globevisa International Project Development Center is composed of more than 100 people from more than 20 countries around the world, including professional business experts and investment experts. It always adheres to the principle of taking the law as the foundation, taking safety, effectiveness and risk as the principle, and taking project safety as the benchmark to do our best. Efforts are made to ensure the security of customer assets and identity acquisition, so that customers can rest assured.
Online service allows you to communicate without worry
Globevisa provides customers with a VIP member center system, online query of project progress and cost details, which is convenient and fast. Independent research and development of IM customer communication APP, using advanced data encryption technology. Protect customer privacy throughout the process. Exclusive consultant one-on-one service, private conversation, encrypted group chat. Safety first, privacy first.
Good relationship allows you to submit worry-free
In order to enable customers to obtain immigration information in a more timely manner, Globevisa has maintained good relations with governments, embassies, overseas banks, funds, etc. for a long time. Our professionalism and credibility have been praised by many overseas governments. At the same time, government officials also Went to Global China many times to have one-on-one in-depth exchanges with our customers.