Other RCBI Program

Malta

Malta Permanent Residence Programme (MPRP)

Malta is a member of the European Union and the Schengen area. Malta offers the Malta Permanent Residence Programme (MPRP) for individuals who are interested in obtaining residency status in the country by making an investment.

One can invest into a qualifying property worth a minimum value of €350,000 in the south of Malta, or rent a property in Malta for a minimum annual rent of €12,000.

To obtain residency through this program, you will need to follow these steps:

  • Meet the income criteria: To be eligible for the MPRP, you must be able to prove that you have a steady income and can support yourself and your dependents without relying on the Maltese welfare system.
  • Provide supporting documents: You will need to provide supporting documents with your application, such as proof of your income, your passport, and your criminal record check.
  • Attend an interview: You may be required to attend an interview with the Maltese authorities to provide further information about your investment and your reasons for wanting to obtain residency in Malta.
  • Maintain a 5 year investment period: One would be required to hold the investment in Malta for a complete 5 years.

Once your application has been approved, you will be granted residency status in Malta and will be able to live and work in the country.

In general, the processing time for the MPRP can take anywhere from 6 to months(subject to change).

  1. Residency in Malta: Maltese residency allows individuals to live, work, and study in Malta, and to travel freely within the Schengen Area.
  2. Access to EU benefits: As a resident of Malta, individuals are eligible to access the benefits of EU membership, such as access to healthcare, education, and employment opportunities.
  3. Low tax rates: Malta has a low tax regime, which means that eligible individuals may be able to reduce their tax liability.
  4. Stable economy: Malta has a stable and well-developed economy, which provides a safe and secure environment for individuals and their families.
  5. High standard of living: Malta offers a high standard of living, with a temperate climate, a rich cultural heritage, and a range of recreational activities.
  6. Fast-track citizenship: The MPRP provides a fast-track route to Maltese citizenship for eligible individuals.

Citizenship by Investment Program

The Malta Citizenship by Investment Program is a government-sponsored program that allows individuals to obtain Maltese citizenship in exchange for an investment of €750,000 in the purchasing property or qualifying financial instruments. This program is also known as the Individual Investor Programme (IIP).

There is no restriction on dual citizenship.

  • Financial investment: Applicants must make a financial investment for a minimum of five years.
  • Health insurance: Applicants must have health insurance coverage that is acceptable to the Maltese authorities and must provide proof of this coverage as part of their application.
  • Good character: Applicants must have a clean criminal record and must not pose a threat to the security or public order of Malta.
  • Residency: Applicants must spend at least 183 days in Malta in the first year after their citizenship is granted and an average of 183 days per year in the following five years.
  • Language proficiency: Applicants must demonstrate a basic knowledge of the English language.

On average, the processing time for a Malta IIP application is around six to twelve months(subject to change).

  1. Citizenship: Upon successful completion of the program, applicants can receive Maltese citizenship, which grants them the right to live and work in Malta and travel freely within the European Union (EU).
  2. Passport: Maltese citizens are eligible for a Maltese passport, which allows visa-free travel to more than 180 countries, including the United States, Canada, and Australia.
  3. Tax benefits: Malta has a favourable tax regime, with a low flat tax rate for individuals and a refundable tax credit system for foreign-sourced income.
  4. Political stability: Malta is a stable and secure country with a long history of peaceful and democratic governance.

EU membership: As a member of the European Union, Malta offers access to a large and economically prosperous market.