The Malta Permanent Residence Program (the “MPRP”) is a new program, the Residency Malta Agency, which is responsible for the administration and promotion of Malta’s Residence by Investment Program. The program provides a solution to enable respected non-EU nationals and their families to reside, settle or stay indefinitely in Malta.
Criteria for eligibility – Kriterien für die Förderungswürdigkeit
For a principal applicant to be eligible, he/she must meet the following requirements:
Criteria for Investment – Kriterien für Investitionen
Under MPRP regulations, a qualifying property is a property that is either owned or leased by the principal applicant.
The principal applicant must either:
Direct payments – Direkte Zahlungen
The direct payments under the MPRP regulations are an investment requirement for the Maltese economy through direct payment to the Agency. This direct contribution is payable by the principal applicant and the amount depends on whether the person concerned has rented or purchased a property in Malta.
In addition to the above contribution, the principal applicant must donate €2,000 to a local registered philanthropic, cultural, sporting, scientific, animal welfare or artistic non-governmental organization or society registered with the Commissioner for Voluntary Organisations or otherwise approved by the Agency.
Application Procedure – Antragsverfahren
The MPRP application process can be divided into the following stages.
In the first stage of the process, the lead applicant authorises a licensed agent to act on their behalf throughout the MPRP application process. This is done in writing in the form of a Power of Attorney (POA) Compilation and submission of the application package – issuance of the acknowledgement of receipt In the initial stage of the application process, the agent conducts due diligence on all applicants, i.e. the lead applicant and any dependents he/she wishes to include in the application Application. For the purposes of the MPRP, the following are considered dependents:
The Malta Permanent Residence Programme (the “MPRP”) is a new programme, the Residency Malta Agency (the “Agency”), which is responsible for the administration and promotion of the Maltese Programme “Residence by Investment”.
The Programme provides a solution to enable respected non-EU citizens and their families to reside, settle or stay indefinitely in Malta.