Malta Permanent Residency Program (MPRP)
Malta Permanent Residency Program (MPRP)
About the Malta Permanent Residency Program (MPRP):
Malta Permanent Residency Program (MPRP):
The Malta Permanent Residency Program (MPRP) is amongst a variety of investment-based programs run by Malta, which include a solid residency scheme. Malta is one of Europe’s most attractive destinations in terms of investment immigration. Following the success of the Malta Residence and Visa Program, the MPRP is a perfect choice for obtaining permanent residency in 3-4 months, with a further possibility to apply for Maltese (and consequently the EU’s) citizenship. The program provides multiple benefits such as freedom of movement throughout the Schengen Area and visa-free mobility within the EU, high quality of life, advantageous tax conditions, access to superb healthcare and education, and a number of others.
Under the MPRP, applicants are required to purchase or rent a property in Malta, make a non-refundable contribution the amount of which varies depending on the chosen real estate option as well as make a charitable donation into an approved local NGO. An administrative fee for application processing is also paid. The funds generated through the MRPR are used in the public interest.
Malta:
Malta is the smallest EU country in size and population. Nonetheless, it has a substantial historical and cultural legacy spanning over 7,000 years. Malta is a neutral country in the heart of the Mediterranean Sea, which is well-respected and is a member of the Commonwealth. It has one of the fastest-growing economies in Europe and top GDP growth ratings in the EU. Malta is truly a unique and exciting place to do business, offering favourable legislation and a competitive tax system.
* Licence Number: AKM-AGEN-21
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Benefits of Malta Permanent Residency Program
Reside in Malta indefinitely. Visa-free travel within Schengen zone
Ability to live, work, and study in any EU country once Maltese citizenship is granted
Fast processing of the application: within 3-6 months
Dual citizenship is permitted
No tax when living outside of Malta
One of the most affordable investor immigration programs
Requirements for Malta Permanent Residency Program
- No previous criminal record
- Be over 18 years old
- Have a legitimate source of wealth
- Good character
- Have available the required investment funds
- Good health
Who else can be included in the MPRP application:
- Spouse/partner of the main applicant
- Dependent children of the main applicant and spouse
- Dependent parents and grandparents of the main applicant and spouse
Application stages
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Initial consultation
Free initial consultation with one of the GLS experts
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Program information and due diligence check
Detailed fee schedule and a free of charge preliminary due diligence check
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Client agreement
Signing of the client agreement with GLS Private Office
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Documents' preparation
GLS experts will assist you with the whole procedure of the documents’ preparation to obtain Maltese residence cards
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Residence permit application
Submission of the documents for residence permits
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Application approval and visit to Malta
Once you have passed all the necessary due diligence checks, you will be granted with the approval in principle. You will then be required to make the relevant remaining payments and visit Malta to provide your biometric data
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Permanent residence card of Malta
At this stage you will receive your permanent residence card of Malta