Malta Residency – IPC

Malta Residency

THE FASTEST AND EASIEST WAY TO GET RESIDENCY PERMIT

MALTA PERMANENT RESIDENCY:

Investment Options Real Estate
  • €350,000 property purchase in Malta or €300,000 property purchase in south Malta and Gozo.
  • €12,000 lease per annum towards property lease in Malta or €10,000 lease per annum in South Malta and Gozo.

Capital Shares
  • By way of financial qualifications, an investor is required to demonstrate a capital of €500,000, of which €150,000 must take the form of financial assets.

Benefits of Permanent residence program
  • Travel visa-free within the 26 European Schengen area & EU countries for a lifetime.
  • Live in one of the safest countries in the world, according to the World Risk Report.
  • Have access to leading health care institutions.
  • No minimum stay required.
  • The right to study in any of the Schengen countries.
  • The right to obtain Maltese Permanent Residence after five years from the date of obtaining residence permits.
  • The residence permit can be renewed indefinitely every 5 years.
  • Malta is the only EU country allow you to sell your property after 5 years and don’t lose your permanent residency permit as Investment required only for first five years.
  • Provide world-class education for your children.
  • Permanent residency in just 3 months – a quick process.
  • Entitled to apply for citizenship after living in the country for 5 years.
  • Varieties of investment options, real estate, or capital investment.
  • Dual Residency without notifying home authorities.
  • Live, study, work or make business in Malta.
  • Inclusion of spouse and dependent children up to 18 years old and from previous marriage.
  • Inclusion of dependent adult children of the main applicant and/or spouse, irrespective of their age, will still be granted residency rights, provided that they are economically dependent on the main applicant at the time of the application; No age ceiling applies.
  • Inclusion of financially dependent parents / grandparents for main applicant and spouse.

WHY INVEST IN MALTA:

  • Member of EU since 2004.
  • Member of Schengen system since 2007.
  • The world’s second-safest country and safest Country in Europe.
  • One of the highest medical services (ranked 5th by WHO).
  • Touristic country, Capital of culture in Europe 2018.
  • Malta generated around 1.85 billion US Dollar in the tourism sector alone.
  • Malta’s economic freedom score is 71.5, making its economy the 27th freest in the 2022 Index.
  • International business hub with a booming economy and a stable property market ranked 15th in the list of EU countries.
  • Tax on personal income progressive from 0% to 35%, foreign income tax 0%, inheritance tax 0% & dividends tax 0%.
  • Affordable cost of living.
  • Maltese sea water is in the top three cleanest in Europe.
  • English language widely spoken; All Official documentations are in English.
  • Malta offers excellent schooling with High levels of Public education.
  • Due to its strategic position in the Mediterranean Sea, Malta has a very rich and interesting history.
  • Climate is typical of the Mediterranean and is strongly influenced by the sea with average of 12 hours sunshine /day in summer and It is sunny all year round.
  • Strategically located with excellent air links, Air Malta flies to over 35 different countries around Europe.
  • World’s strictest due diligence standards and vetting of applicants, thus ensuring only highly respectable applicants.

ABOUT MALTA:

  • Official Name: The Republic of Malta
  • Form of Government: Unitary Multiparty Republic
  • Capital: Valletta
  • Population: 458,000
  • Official Language: Maltese, English
  • Currency: euro
  • Area: 316 km2
  • Education: Compulsory, Free - Primary and secondary Education
  • Culture: Maltese, Influenced by mixed rulers nationalities - Phoenicians, Romans & Arabs
  • Environment: island, archipelago located in the Mediterranean sea south of Sicily(Italy) - Insufficient water supply, deforestation, wildlife preservation
  • Health Care: Public & Private - Grade A Healthcare
  • Taxation: 5-35%
  • Tourism: Touristic Island - Important sector of the country's economy.
  • Weather: Mediterranean
  • Politics: Stable- parliamentary representative democratic republic
  • Schengen: Member
  • Religion: Roman Catholic

QUALIFICATION & INVESTMENT CRITERIA:

The following application requirements must be met to qualify for the program:
Required fees:
  • €68,000 Administration fee and non-refundable government contribution to the Maltese economy for purchasing residential property.
  • €98,000 Administration fee and non-refundable government contribution to the Maltese economy if the residential property is leased.
  • A contribution of €28,000 to the Maltese economy if the residential property is purchased.
  • A donation to a non-governmental organization of €2,000.
  • A non-refundable administration fee of €40,000.
  • Part-payment of the non-refundable deposit for the main applicant €10,000.
  • Resident permit €5,000 for main applicant & €1,000 for each dependent.
  • Residency card €27.50 / applicant.

Required documents and Criteria
  • The main applicant must be at least 18 years of age to qualify and must provide an affidavit declaring that from the date of the application.
  • Clean Criminal Record.
  • Have a certificate of good health from a reputable health system.
  • Sales / purchase contract for the type of investment needed.
  • Proof of source of wealth: documents providing from where the wealth has been derived
  • Proof of source of investment funds: supporting with bank statements for last 12 months, owned properties contracts, etc.
  • Proof of annual income –, Audited accounts for business owners, HR letter, bank account interest, rental contracts …
  • Successfully pass due diligence checks.
  • An affidavit declaring that from the date of the application, you have in your possession a capital of a minimum €500,000 (of which €150,000 in financial assets).
  • Three passport-colored photographs.
  • Marriage certificate or proof of cohabitation.
  • Valid medical insurance policy.

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