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Overview of Malta

Malta is a very attractive location for private residence. The island nation enjoys a stable political climate and is strategically located with excellent air links. The Malta Residence and Visa Program (MRVP) offers non-Maltese persons the possibility of acquiring an EU residence card which offers visa-free travel within the Schengen area.

Malta has a sound infrastructural setup. Telecommunications, postal and courier services, banking and all other services are generally very efficient and of a high standard. The national airline, Air Malta, operates 35 flight routes, mostly within Europe and the Mediterranean region, and most major European airlines have frequent flights to Malta. There is a regular sea link with Italy.

The English-speaking population makes integration and communication easy. All official documentation is in English, commercial and business relationships are in English, and laws are in English and Maltese. There are also private English-speaking schools, which offer a high level of education; the University is open to children of Permanent Residents. There are also a number of private hospitals offering a high quality medical service. Malta has been ranked 5th in the world by the World Health Organization for medical services and facilities.

While Malta has a high standard of living, comparable to other European countries of the Mediterranean region, the cost of living is generally lower than in Europe. It is therefore possible to live a comfortable life with lesser expenses. Life is more laid back than in Europe, and particularly in Gozo the pace of life is slow and relaxed and the charm of this little island is difficult to get away from. The crime rate is very low, drug abuse is still very limited and is not a problem. Children can be very safely brought up and there is a general care and awareness given by the people to children and elderly persons, particularly where foreigners are concerned. Most foreigners who come to live in Malta are surprised at the help and attention they are given by the local population.

The warm climate is a particular attraction to persons coming from colder regions of the world. Particularly in spring and autumn Malta is an excellent place to be

Malta Residence and Visa Program

Malta is a very attractive location for private residence. The island nation enjoys a stable political climate and is strategically located with excellent air links. The Malta Residence and Visa Program (MRVP) offers non-Maltese persons the possibility of acquiring an EU residence card which offers visa-free travel within the Schengen area.

Minimum requirements:

  • An investment in government bonds of EUR 250,000 to be retained for a minimum period of five years
  • A non-refundable government contribution of EUR 30,000 (EUR 5,500 of which is an advance government administrative fee)
  • A property purchase of EUR 320,000 (EUR 270,000 in South Malta or Gozo); or a property lease of EUR 12,000 per annum (EUR 10,000 in South Malta or Gozo)

Benefits of MRVP:

  • EU residence card gives visa-free travel within Schengen area
  • Right to reside indefinitely in Malta
  • Five years’ permanent residence, renewable indefinitely
  • Investment required only for first five years
  • No residence requirement
  • Family members can be included

Procedures and Time Frame:

The MRVP application requirements and procedures are reasonable and straightforward. The application is submitted to Identity Malta, the government agency responsible for applications, with a non-refundable deposit of the contribution amount in the sum of EUR 5,500. After stringent due diligence checks, successful applicants will be requested to complete the qualifying investments and will then be issued a residence permit. Identity Malta will issue successful applicants with a Maltese Residence Certificate which will be deemed to be a permit. The certificate will be monitored annually for the first five years from its issue, and every five years thereafter.

For procedures and cost, please e-mail u at info@edumig.com or call us at 01900010030