Contents: What is the Malta Residence visa? | Requirement? | Costs | Benefits? | Learn More | Consult | FAQ
What is the Malta Golden visa?
Malta residency through the Golden visa programme (MRVP) by buying Real Estate, Maltese residents under this program are allowed free travel within the Schengen area. The permanent residence permit also allows to live, settle and stay indefinitely in Malta. Relative Eurozone residence cards are renewed every five years. this is your opportunity for Immigration to Malta.
Malta boasts a stable political environment with a bi-partisan political scene that is largely moving towards national and economic issues. Malta and Germany were the only two states in E.U. that maintained stable economic growth during the financial crisis. Malta has been a member of the E.U. since 2004 and the Schengen area since 2007.
Malta residency requirements
- Must be at least 18 years old and in Good health.
- Possess a minimum capital amount of €500K (out of which €150,000 must be in the form of financial assets).
- Invest in a Property worth €350K in Malta (€300K in Gozo/South of Malta) OR a Rental home of at least €12,000 p.a. in Malta (€10,000 in Gozo/South of Malta).
- Make a government contribution worth €98,000 if renting a property OR €68,000 when purchasing a property.
- Donate a minimum of €2,000 to a local registered philanthropic, cultural, sport, scientific, animal welfare, or artistic NGO.
See details of Malta Golden Visa Requirements
Malta residency visa cost
In 2023, the Minimum investment amount for Malta Residence Visa is typically over €500K (US $600K).
- One-time application fee to the Government of €98,000 when renting a property OR €68,000 if purchasing a property, and
- Property rental in Malta for €10K/€12K per year OR property purchase for €300,000/€350,000, and
- Minimum donation of €2,000 to a local registered philanthropic, cultural, sport, scientific, animal welfare, or artistic NGO.
Malta Permanent Residency Visa Program – Details
Costs – Investment Amount: See Malta Residency Visa Cost Details
Process: Details on Malta Residency Processing Times
What are the benefits of Malta residence?
- No minimum physical presence required.
- All family members can be included in one application (no age limits for children).
- Investment is only required after approval.
- Permanent Residency effective on approval, valid for life for all the family.
- Visa-free travel within Schengen Area.
Taxation of New Residents
The basis for taxation under the Maltese tax is based on residence and domicile. Residence for Malta tax purposes shows an intention to reside in Malta indefinitely. It may also be a basis of physical presence in Malta of at least 183 days.
Non-tax residents of Malta or those who are non-domiciled in Malta are taxable only on Malta source income and gains. Non-domiciled Malta residents are taxable on remittance only on foreign source income, not on foreign-source capital. It should be remitted to Malta only and is subjected to a minimum tax of €5,000. The minimum tax applies to individuals and couples who earn at least €35,000 in annual income outside Malta. Income and capital gains in Malta are applicable to personal income taxes.
Capital gains outside Malta will be outside the scope of Maltese tax regardless if remitted to Malta or not. Capital and savings remitted to Malta also fall outside the scope of Maltese tax.
Malta residency visa programme FAQ
How can foreigners buy property in Malta?
Anyone can buy Real Estate in Malta. Within specially designated areas, anyone can buy property in Malta without a Acquisition of Immovable Property (AIP) permit. For other areas in Malta, an API permit is needed.
How can I immigrate to Malta?
For people outside of the Eurozone, Immigration to Malta is possible in two ways. Malta Golden Visa Residency Programme and Malta citizenship by investment.
How long do I have to live in Malta to get citizenship?
You have to live in Malta for six years before you can start an application to become a citizen by naturalization. Out of those 6 years, 4 years must be uninterrupted. You should not be away from Malta for more than 6 months at a time.
Malta Permanent Residence Visa Consultant
EB5 BRICS can help you navigate Malta Golden Residency Programme through our presence in Malta in conjunction with our Malta Legal Partner. Our team speaks English, Hindi, Urdu and Punjabi.
EB5 BRICS
Phone: +1 (213) 344-5941
E-mail: info@eb5brics.com
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