The Malta Residency and Visa Programme, was launched in 2015 following the passing of relevant legislation in July 2017. The Malta Residence and Visa Agency (MRVA), oversees with the regulation and running of the Malta Residence and Visa Programme (MRVP).
MRVP scheme offers residency to foreign investors and their families to permanently live in Malta against an qualifying investment. The Investment of 250K euros in Government bonds or stocks can be fully redeemed after five years, while the investor gets to keep his residency permanently after redeeming the investment. Housing and health coverage are one of the most important requirements. Investors can rent a home in Malta or freely allowed to buy real estate under this scheme.
- Very low administration fees;
- Permanent residency rights in Malta;
- Free movement in schengen zone for main applicant and dependants;
- Redeem qualifying investment after 5 years;
- A moderate cost of living;
- Property at a good price with a secure return on investment;
- Residency card that supports employment opportunities;
- A residency programme that allows generation of families to apply;
- Residence in fastest growing economy in the EU with political stability and democracy.
- Malta is the forerunner in new technologies, known as Blockchain capital of the world.
- Malta has great history and rich culture with high levels of education systems with renowned english language schools and universities;
- A country that respects multi-cutural and accepts diversity and recognises lgbtiq rights, super yachting industry
- Popular destination where medical standards meet & exceed expectations;
Investment conditions
Prospective applicants are expected to :-
- Pay an administration fee of €30,000;
- Pay €5,000 for parents-in-law and grandparents;
- Provide a Health Insurance to cover the entire family/dependants;
- Purchase Government Stock worth €250,000 that is to be retained for a period of five years;
- Rent a property for a minimum of €10,000 for a period of five years or purchase a property for a minimum of €270,000.
Eligibility:
- He/she is a third country national and is not a Maltese, EEA or Swiss national;
- He/She is not a person who benefits under the Residents Scheme Regulations, the High Net Worth Individuals – EU /EEA / Swiss Nationals Rules, the Malta Retirement Programme Rules, the Residence Programme Rules, the Qualifying Employment in Innovation and Creativity Rules or the Highly Qualified Persons Rules;
- he holds a qualifying property for a minimum five (5) year period from the date of issuing of certificate;
- he holds a qualifying investment for a minimum period of five (5) years from the date of issuing of certificate;
- without prejudice to any other provision of this regulation, he is in receipt of stable and regular resources which are sufficient to maintain himself and his dependants without recourse to the social assistance system of Malta;
- he is, and his dependants are, in possession of a valid travel document;
- he is in possession of health insurance in respect of all risks across the whole of the European Union normally covered for Maltese nationals for himself and his dependants;
- he provides an affidavit declaring that from the date of the application referred to in regulation 5 onwards he has either an annual income of not less than hundred thousand euro (€100,000) arising outside Malta or has in his possession a capital of not less than five hundred thousand euro (€500,000)
Malta Residency Visa Agency
The Residency by Investment Programme continues to gain increased momentum and international reputation. The team at MRVA is responsible for managing as well as for promoting the Programme. All applications are rigorously scrutinised through a four tier due diligence process. We have remained consistent in our efforts to attract Quality people through RBI. Located at the heart of the Mediterranean Sea, the islands of Malta or Gozo are a great place for a second permanent residency.
The Malta Residency Visa Agency falls under the remit of the Hon. Julia Farrugia Portelli, Parliamentary Secretary for Reforms, Citizenship and Simplification of Administrative Processes, Office of the Prime Minister. The Programme, provides international investors with permanent residency rights. These rights will apply only for non-EU / EEA / Swiss Nationals. The Programme provides an opportunity for potential beneficiaries and dependents to reside, settle or stay indefinitely in Malta. Legal Notice 288 of 2015 applies. The new programme falls under the Immigration Act and is available to both the applicant and also their dependants (including parents-in-law and grandparents) The beneficiary must hold both the qualifying property and the qualifying investment for a minimum five (5) year period following the approval date.
Each application has to be administered by a registered accredited person or registered approved agent with Identity Malta. Rigorous due diligence checks are performed on prospective applicants and dependants.
Accredited MRVP Agents only (http://iip.gov.mt/agents-list/) are allowed to submit applications on behalf of their clients. A list of Agents is available upon a simple demand in writing.
Please visit the official website: https://www.maltaresidencevisaprogramme.com/
