MALTA PERMANENT RESIDENCE PROGRAM (MPRP)
Malta is a former British colony and a member of the Commonwealth. Therefore, English is widely spoken.
- MINIMUM STAY REQUIREMENT: 0
- PROCESSING TIME: 4–6 months
You may apply for up to 3 generations under one application. - Dependents:
- Spouse (husband / wife).
- Children aged 18–29 who are still studying, not yet employed, and unmarried.
- Parents
- You are not allowed to WORK as an Employee, but you may establish and run a BUSINESS.
- RENEWAL : Every 5 years
- PATHWAY TO CITIZENSHIP: Not available. Malta has a program Malta Citizenship for Exceptional Services by Direct Investment.
MINIMUM INVESTMENT
2 Options: Buy property or rent with higher contribution (donation) to the government.
MINIMUM ASSETS
- €500,000 with a minimum of €150,000 in financial assets, OR
- A minimum of €650,000 with at least €75,000 in financial assets.
EXIT STRATEGY FROM THE INVESTMENT:
- Property investments may be sold at any time; however, you must REINVEST For Identity Card (ID Card) extension, or
- If you apply Long Term Residence Permit After living in Malta for 5 years, you can sell the property permanently once the permit is approved.
TAX
- CORPORATE TAX: 35%
The effective corporate tax rate can be reduced significantly to between 0% to 6,25% after the distribution of dividends (or the issuance of bonus shares) from the company that has been taxed to the shareholders. - DIVIDEND TAX: 0% – 15%
- VAT: Standard 18%
- PERSONAL INCOME TAX:
- Permanent Taxpayers (Tax Resident):
- €0 – €12,700 per year (married status): 0%
- Highest 35% for income above €60,000
- Non-Tax Resident:
- €0 – €700: 0%
- €7.800: 35%
- Foreign income received by the permit holder or his dependents and sent to Malta is subject to a flat tax of 15%, with a minimum tax of €15,000 per year.
- Permanent Taxpayers (Tax Resident):
- TAX 0% FOR:
- Property
- Inheritance
- Income from abroad
- Capital Gains (Capital Gain)
MALTA – CITIZENSHIP FOR EXCEPTIONAL SERVICES BY DIRECT INVESTMENT
DEPENDENTS
- Spouse (husband / wife)
- Dependent children aged 18–29 years
- Parents and grandparents aged 55 years and over who are dependents of the main applicant
You are not allowed to WORK as an Employee, but you can open a BUSINESS.
INVESTMENT
- ( No 1+2+3 ) & MINIMUM STAY PERIOD:
- DIRECT INVESTMENT (NOT RETURNED):
- Main Applicant (Main Applicant):
- 36 months residence in Malta – direct investment of €600,000 OR
- In special cases, stay for 12 months – immediate investment of €750,000
- Dependents : direct investment of €50,000 per person
- Main Applicant (Main Applicant):
- PROPERTY INVESTMENT in Malta a minimum of €700,000.
Alternatively, the property can be rented for a minimum rent of €16,000 per annum. - MANDATORY DONATION as big as €10.000 must be given to NGOs registered in Malta.
- DIRECT INVESTMENT (NOT RETURNED):
- Main Applicant’s Minimum Age: 18 years
- EXIT STRATEGY (from the Investment): The property can be sold after 5 years.
- PASSPORT VALIDITY PERIOD: Lifetime.
APPLICATION PROCESS
- Apply for a Malta Residence Card:
- Validity period: 36 months
- Estimate: ±15 days – Malta Residence Permit Card is issued
- Submit an Eligibility Application:
- Must be submitted within 12 months from the date of issuance of the Residence Permit Card
- Estimated time: 120–150 calendar days → Receive Letter of Approval in Principle.
- Submit Citizenship Application:
- 12 or 36 months after the issuance of the Residence Permit Card
- Estimated time: 2–3 months → Receive Principle Approval
- Oath of Allegiance:
Within 6 months of citizenship approval - Receive Naturalization Certificate & Malta Passport:
Within a few days after the Oath of Allegiance.