Malta Permanent Residency by Property Rental

  • Home
  • -
  • Malta Permanent Residency by Property Rental

Permanent Residency

Property Rental

6-8 Months

time to residency

Schengen Zone

Yes

Overview

Malta Residency Overview

Malta is a beautiful Mediterranean island nation known for its rich history, picturesque landscapes, and vibrant culture. Located between Sicily and the North African coast, Malta boasts a warm climate, stunning beaches, and a thriving economy. With its status as an EU member state, Malta offers excellent healthcare, education, and business opportunities, making it an attractive destination for those seeking permanent residency.

Malta offers an appealing Permanent Residency Program (MPRP) for individuals and families looking to live in the country long-term. One of the pathways to obtaining permanent residency in Malta is through property rental. The MPRP allows non-EU nationals to secure residency by renting a property on the island, providing them with access to Malta's excellent lifestyle and benefits.

The program does not impose a minimum stay requirement, which means residents can maintain their residency status without being physically present in Malta for extended periods. This flexibility makes it a popular choice for investors, retirees, and global citizens.

Advantages of Malta Permanent Residency

  • • Freedom of Movement: As a Maltese resident, you can travel freely within the Schengen Zone for up to 90 days within any 180-day period.

  • • Access to Healthcare and Education: Malta offers high-quality healthcare and education systems, accessible to residents.

  • • Tax Benefits: Malta has a favorable tax regime, especially for high-net-worth individuals and retirees.

  • • Safe and Stable Environment: Malta is known for its political stability, safety, and friendly locals, making it an ideal place for families and retirees.

  • • Family Inclusion: The program allows you to include your spouse, children, parents, and grandparents in your residency application.

  • • No Minimum Stay: There is no requirement to stay in Malta for a certain number of days each year to maintain your residency status.

To qualify for the Malta Permanent Residency Program by property rental

applicants must meet several requirements:

    • 1.)Property Rental: Rent a property for 5 years (Long Term Lease Agreement)  that meets the minimum annual rental value of €10,000 in Gozo or the southern part of Malta or €12,000 elsewhere in Malta.
    • 2.) Government Contribution: Pay a €58,000 government contribution.
    • 3.)Donation: Make a charitable donation of at least €2,000 to an approved Maltese non-governmental organization.
    • 4.)  Proof 
    • Financial Stability: Proof capital of €500,000 of which €150,000  in liquid financial assets.
    • 5) Administrative Fee: €40,000
    • 6) Health Insurance

Option 1

Process of Acquiring Malta PR:

  1. Choose a Property: Select a property in Malta to rent. The property must meet the minimum annual rental thresholds: €12,000 per year in the south of Malta or Gozo, and €10,000 per year in other parts of the country.
  2. Submit an Application: Complete and submit your application for the Malta Permanent Residency Program through Hetdynamic. The application must include supporting documents, such as identity proof, financial records, and proof of rental.
  3. Pay the Government Contribution: A non-refundable government contribution of €58,000 is required when applying through the property rental route.
  4. Pay Residency Malta Authority Administrative fees:   €40,000
  5. Health Insurance: You must obtain comprehensive health insurance that covers you and your family in Malta.
  6. Background Checks: The Maltese authorities will conduct thorough due diligence checks to ensure that the applicant has a clean criminal record and meets the program’s criteria.
  7. Issue of Residency Card: Once approved, you will receive a Maltese residency card, granting you permanent residency status.

Contact us

Kindly feel free to contact us through our email or drop your contact details and  one of our specialists will contact you within 24hrs.

Contact with us

Contact Hetdynamic Ltd for Visa & Immigration

  • Nigeria

Request a Appointment