Situated in the center of the Mediterranean Sea, Malta enjoys an excellent reputation for its splendid climate, friendly people, low crime rate, and superb quality of life. An attractive place in which to live or own a second home, Malta also has excellent air links.
The Malta Residence and Visa Program (MRVP) was implemented in 2015 under the Immigration Act (Cap. 217). The legal basis regarding the MRVP is contained in the Malta Residence and Visa Program Regulations, 2015.Enquiry Factsheet
Minimum contribution of EUR 330,000 mixed capital requirements
Processing time of Four–six months from submission of the application to approval
The right to freedom of movement to Malta and the rest of the EU and Europe’s Schengen Area
Malta is a very attractive location for private residence. The island nation enjoys a stable political climate and is strategically located, with excellent air links. The Malta Residence and Visa Program (MRVP) offers non-Maltese persons the possibility of acquiring a European residence permit in an EU country and visa-free travel within Europe’s Schengen Area.
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, they have an annual income of no less than EUR 100,000 or have in their possession capital of no less than EUR 500,000. The following application requirements must be met to qualify for the program:
The MRVP application requirements and procedures are reasonable and straightforward. The application is submitted to the IIP Agency, the government agency responsible for applications, with a non-refundable deposit of the contribution amount in the sum of EUR 5,500. After stringent due diligence checks, successful applicants will be requested to complete the qualifying investments and will then be issued a residence permit. The IIP Agency will issue successful applicants with a Maltese residence certificate, which acts as a permit. The certificate will be monitored annually for the first five years of its issue and every five years thereafter.
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