Starting January 1, 2025, the Malta Permanent Residency Program (MPRP) will introduce several updates aimed at strengthening the program’s investment criteria while continuing to provide a streamlined route to European residency.
These changes enhance the program’s value for investors, offering a path to permanent residency in Malta through the Malta Permanent Residency Program, along with visa-free travel throughout the Schengen Area.
Key Changes to the MPRP
Here are the key changes:
Criteria | Old Requirements | New Requirements |
Property Purchase Investment | €350,000 (Malta) / €300,000 (South Malta & Gozo) | €375,000 (Malta or Gozo) |
Property Rental Investment | €12,000 (Malta) / €10,000 (South Malta & Gozo) | €14,000 (Malta or Gozo) |
Government Contribution – Property Rental | €58,000 | €60,000 |
Government Contribution – Property Purchase | €28,000 | €30,000 |
Administrative Fee | €40,000 | €50,000 |
NGO Donation | €2,000 | €2,000 |
Additional Family Members | €7,500 (Parent or grandparent) | €10,000 (for each dependent) |
Capital Assets | Not less than €500,000, out of which a minimum of €150,000 must be financial assets | Not less than €500,000, out of which a minimum of €150,000 must be financial assets or Not less than €650,000, of which €75,000 must be in the form of financial assets. |
New Regulations for Malta Permanent Residency Program
Here are the new regulations for applications submitted from January 1st 2025
Eligibility and requirements To be eligible for theMalta Permanent Residency Program ( MPRP), applicants should:
- be third country nationals, non-EU, non-EEA and non-Swiss;
- not hail from sanctioned countries, as announced from time to time by the Agency;
- not benefit under other pertinent regulations and schemes;
- be in receipt of stable and regular financial resources, sufficient to maintain themselves and their dependents, without recourse to the social assistance system of Malta;
- show they have capital assets of not less than €500,000, out of which a minimum of €150,000 must be financial assets; or show they have capital assets of not less than €650,000, of which €75,000 must be in the form of financial assets.
- be fit-and-proper individuals and have a clean criminal record;
- not pose any potential threat to the national security, public policy, public health or public interest.
To participate in the Program (for applications submitted from 1st January 2025), applicants must:
- submit an application via a Licensed Agent;
- pay a non-refundable administrative fee of €50,000;
- rent a property for a minimum of €14,000 in Malta or Gozo; or
- purchase a property for a minimum value of €375,000 in Malta or Gozo;
- pay a Government contribution of €30,000 if purchasing a property or €60,000 if leasing a property;
- pay €10,000 for each and every dependent of the Main Applicant;
- hold the qualifying property for a minimum period of 5 years after which a residential address is required;
- make a donation of €2,000 to a local philanthropic, cultural, scientific, artistic, sport or animal welfare NGO registered with the Commissioner of Voluntary Organizations;
- be in possession of a valid travel document;
- take out a health insurance policy to cover all risks in Malta and other European countries;
Benefits of the MPRP:
- EU Residency: Secure the right to live in Malta, a member of the European Union.
- Schengen Area Travel: Enjoy visa-free travel within the 27 Schengen Area countries.
- Family Inclusion: The program allows you to include your spouse, children, and parents in the application.
- Attractive Investment: A property investment that provides long-term security and potential for rental income.
The Malta Residency continues to be one of the most sought-after residency-by-investment programs, offering investors and their families a range of benefits while supporting economic growth in Malta.