Malta Golden Visa

About Malta Golden Visa Program

The small, prosperous Mediterranean country of Malta offers foreigners lifetime residency via its Golden Visa Program. Through a financial investment in Maltese real-estate, a qualified applicant who successfully meets the program’s eligibility requirements may obtain a “Golden Visa;” residency on the island for themselves and their family—and all the financial, social, and travel benefits attendant to their status.

The Malta Golden VisaProgram is an economic residency program. To participate, applicants can make one of the below investments:

1. Purchasing real-estate in Malta.
2. Renting real-estate on the island.

Please note that prices for the above options depend on the geographic location of the respective purchased/leased properties. To be eligible for this Maltese Permanent Residency Programme, applicants must meet the Malta Golden Visa requirements (outlined below). These can be summarized as financial (applicants must make a minimum investment as well as show proof of holding a certain amount of assets) as well as personal (applicants must be of good health and good character) in order to qualify for this Malta investor visa.

Time to Residency

4 to 6 months

Minimum Investment

€350,000

Type of Investment

Real Estate Investment

Visa-free Countries

Schengen countries

About Malta

Malta is a small island nation located in the Mediterranean. One of only two Schengen countries outside of mainland Europe (the other is Iceland) Malta has longstanding historical and cultural ties to the continent. Its closest European neighbor, Italy, is a couple hours away via ferry. Malta consists mainly of three islands: Malta proper, Comino, and Goza. Relative to its small size (316km), it boasts a large population (well over half a million people). Safe, prosperous, and sophisticated, Malta is a member of both the European Union (its currency is the EURO) and the Schengen Area. Its major international airport provides access to Europe and beyond. A popular tourist destination, Malta has an ancient history and culture, which remains an exotic blend of European and Arab influences (the country’s official language—Maltese, is closely linked to Arabic, although the vast majority of its inhabitants speak English). It’s capital, Valetta, draws millions of sightseers a year to its historic churches (home to original paintings by Caravaggio), palaces, and fortifications. Outside the capital, the country’s Mediterranean climate provides an idyllic backdrop to extensive beaches and nightlife.

Language

Maltese

Currency

Euro

Total Area

316 km2

Capital

Valletta

Government

Parliamentary Republic

Population

493,559

Malta Golden Visa Benefits

Why the Malta Residence Program? There are innumerable advantages to receiving residency in Malta through via its Golden Visa Program. Some of the most exceptional Malta Golden Visa benefits are summarized below:

  • Residency rights on Malta for individuals and their qualified dependents, with rights to attend Maltese schools and work in the country. 
  • Close proximity and visa free travel to Europe (all 26 countries in the Schengen area). 
  • The eventual achievement of Maltese citizenship (available to Golden Visa participants who have lived consistently in the country for at least five years). 
  • Multigenerational residency. 
  •  Access to Malta’s growing real estate market and business community. 

Requirements to Qualify for Malta Golden Visa

In order to be eligible for the Malta Golden Visa Program, applicants must meet the following Malta Golden Visa requirements:

  • Provide evidence of having a base net worth of €500,000 at minimum (including at least €150,000 in financial assets). 
  • Prove the absence of a criminal record. 
  • Provide evidence of their good physical health (via certificate from a legitimate medical authority). In addition, they must possess quality health insurance. 
  • Be a non-EU/EFTA citizen. 
  • Be at least 18 years old. 

Malta Citizenship and Passport Ranking

  • Why the Malta Residence Program? For one, Malta’s passport is ranked number 8 in the world. Malta’s high passport ranking is due to the degree of visa-free access it provides to third countries in Europe, Asia, Africa—and the world. 
  • With visa-free access to the European Schengen area, a Maltese passport allows immediate entry to the best of Europe (France, Germany, and Italy) as well as the United Kingdom. 

Malta Real Estate Investment

  • Applicants who meet the Malta Golden Visa requirements are eligible to pursue residency through the real estate investment option of the country’s Golden Visa Program. 
  • The Malta real estate option involves purchasing or leasing a property on the island and maintaining ownership over (or leasing) said property for a minimum period (five years). 
  • Costs for both programs are outlined below. 

Malta Golden Visa Cost

Real Estate Investment

€350,000 (€300,000 if located in Gozo or the South of Malta)

Leasing Option

Annual rent of €12,000 (€10,000 if located in Gozo or the South of Malta)

Administrative Fee

€40,000

Contribution to the Government of Malta

€28,000 if purchasing a property or €58,000 if leasing or renting a property

Donation

€2,000 donation to a local philanthropic, cultural, scientific, artistic, sport or animal welfare NGO registered with the Commissioner of Voluntary Organizations

Dependent Fees

€7,500 for each additional dependent (except for the spouse)

Apply for Malta Golden Visa

How obtain a Malta Golden Visa

Contact Second Passport to begin the process of obtaining your Malta Golden Visa in 2022. Second Passport will guide you through the process of how to apply for a Malta Golden Visa in Europe, which includes taking the below steps to achieve the Malta Golden Visa requirements:

  1. Select from two investment options offered under the Malta Golden Visa program (either real estate purchase or leasing). 
  2. Select the number of dependents you wish to include on your application.
  1. Present financial materials indicating that you have assets totaling a minimum of €500,000.
  2. Present evidence that you meet the health requirements (submit proof of having health insurance and being in good health).
  3. Submit a basic application.
  4. Pay a minimum of €10,000 of the €40,000 application processing fee (not later than 1-month post-application submission).
  5. Pass a background check (Malta will check to see whether you have a criminal history.
  6. Receive a “Letter of Approval in Principle” from the government, indicating that you have met the Malta Golden Visa requirements.
  7. Pay the rest of the application processing fee of €30,000 (not later than 2-months post-receipt of Letter of Approval).
  8. Pending full approval of application, complete your payment for the Malta Golden Visa Program.

Other Golden Visa Programs

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I have minimum US $100,000 to invest