The Malta Golden Visa Permanent Residency (MRVP) is available to residents of India.

Contents: Requirement | Investment properties | Timeline | Cost | Benefits | Consult | FAQ

What are Malta Residence Visa Requirements for India?

Malta Golden visa (PR) requirement – India

  • Must be at least 18 years old and in Good health.
  • Possess a minimum capital amount of €500K (44M INR) out of which €150K (13.2M INR) must be in the form of financial assets.
  • Invest in a Property worth €350K (30.8M INR) in Malta or €300K (26.4M INR) in Gozo/South of Malta OR a Rental home of at least €12,000 (1.05M INR) p.a. in Malta or €10,000 (880K INR) in Gozo/South of Malta.
  • Make a government contribution worth €98,000 (8.6 INR) if renting a property OR €68,000 (5.9M INR) when purchasing a property.
  • Donate a minimum of €2,000 (176K INR) to a local registered philanthropic, cultural, sport, scientific, animal welfare, or artistic NGO.

See details of Malta Residency Visa Requirements

The Malta Golden Visa Permanent Residence Programme is available to India citizens. There is growing demand in moving to Malta from India through Residence Visa.

How long does it take to get a Malta Residency Visa for Indian citizens?

Maltese Golden visa timeline – India

For an investor from India, the processing time for a Malta residency visa is between 4 to 7 months.

  • Application preparation time – 4 weeks.
  • Residency application submission and Processing time – 4 months.
  • After initial approval, compliance time (Buy House and more) – 3 months.
  • Permanent Residency card is issued at the end.

Details on Malta Residence Visa processing times

How much does Malta Golden Visa Cost for Indian citizens?

Malta Permanent Residence visa by Investment – India

In 2023, the Minimum investment amount for Malta Golden Visa (PR) is typically over €500K (44M INR).

  • One-time application fee to the Government of €98,000 (8.6M INR) when renting a property OR €68,000 (5.9M INR) if purchasing a property, and
  • Property rental in Malta for €10K/€12K (880K/1.05M INR) per year OR property purchase for €300,000/€350,000 (26.4M/30.8M INR), and
  • Minimum donation of €2,000 (176K INR) to a local registered philanthropic, cultural, sport, scientific, animal welfare, or artistic NGO.

Reserve Bank of India (RBI) in its monetary policy review enhanced the remittance limit under Liberalised Remittance Scheme (LRS) to $250,000 per person per year.

Details of Malta Residence Visa Costs

What are the benefits of Malta residence for Indian citizens?

  • 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.

Immigration – Malta PR from India

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.

India, 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

Malta Golden Visa for India FAQ

For India citizen, can one buy property in Malta?

A Indian citizen can buy Real Estate in Malta. Within specially designated areas, you can buy property in Malta without a Acquisition of Immovable Property (AIP) permit. For other areas in Malta, an API permit is needed.

For India, How long does one have to live in Malta to get citizenship?

As a Resident of Malta, You have to live in Malta for six years before you can start an application to become a Maltese citizen by naturalization.