Сost of Obtaining a Maltese Golden Visa

The Malta Golden Visa program offers wealthy individuals and their families the opportunity to acquire Maltese residency. Applicants must satisfy specific investment criteria to be eligible for the Malta Golden Visa program.

Property rent or purchase. Applicants have two options: either rent or purchase a property. If they choose to rent, the minimum rental value is €10,000 in South Malta and on the Gozo Island or €12,000 in the rest of Malta per annum.

If they decide to purchase real estate, they must pay €300,000 for a property in South Malta and on the Gozo Island or €350,000 for real estate in the rest of Malta.

Applicants who purchase a property must hold the qualifying object for at least 5 years. They also must be registered there.

Obtaining a Malta Golden Visa can take from four months to a year.

Required documentation:

• copies of valid passports for you and any dependents included in your application;

• proof of funds such as bank statements or investment portfolios;

• evidence of family relationships — birth certificates, marriage certificates, or other legal documents proving your relationship with eligible dependents;

• criminal record check — a police clearance certificate from each country where you have resided over the past ten years will suffice as proof.

All these documents must be translated into English if they are not already in this language. Additionally, some paperwork might require an apostille or legalization by relevant authorities before submission to the Community Malta Agency.

Processing timeframes. The processing time for a Malta Golden Visa varies based on factors like background checks and Due Diligence procedures conducted by CMA officials. The minimum time required is 6—8 months.

Your close family can apply for residency in Malta too. They are:

• a spouse or de facto partner;

• dependent children under 18;

• adult unmarried adult children who are financially dependent on you;

• parents and grandparents.

1. Visa-free travel. As Malta is a member of the Schengen Area, obtaining residence allows the applicant and qualifying family members to travel freely within the Schengen Area and stay for 90 days within 180 days without a visa​​.

2. Right to permanent residence in Malta. All qualifying members are given the right to live and settle in Malta for life without any restrictions. Malta is one of the safest countries to reside in the world, and it’s an English-speaking country with low crime levels. Additionally, Malta boasts a pleasant climate with over 300 days of sunshine annually.

3. Access to quality healthcare and education. Residing in Malta gives beneficiaries the right to access leading healthcare institutions and enlist children in a world-class education system.

   Maltese diplomas are recognized worldwide.

4. Business opportunities. Malta has a fast-growing economy within the European Union and the world’s largest economic zone. The residency programme enables residents to base their operations in this flourishing economic environment and provides access to over 500 million people.

The programme also opens numerous investment opportunities, particularly in the stable and booming real estate market​.

If you’re considering obtaining a second passport or residency, several other similar programs are available throughout Europe and the Caribbean. Each program has its own set of requirements, benefits, and costs.

Greek Residency by Investment Program, also known as the Greek Golden Visa program, offers non-EU nationals an opportunity to acquire Greek residency through property investments starting from €250,000.

The main advantage is that Greece provides visa-free access to all 27 Schengen countries while enjoying lower property purchasing investment thresholds than Malta.

St Kitts and Nevis Citizenship by Investment. If you’re looking beyond Europe for alternative options, a Caribbean nation like St Kitts and Nevis offers an attractive Citizenship by Investment program. The minimum investment is $150,000.

By investing in real estate or donating to the country’s Sustainable Growth Fund, applicants can obtain St Kitts and Nevis citizenship with visa-free travel to over 150 countries worldwide.

Turkish Citizenship by Investment. Another option for investors seeking residency outside of Europe is Turkey’s Citizenship by Investment program. Applicants can obtain Turkish citizenship with a minimum investment of $400,000, granting them visa-free access to more than 110 countries.

It is essential to carefully evaluate each program based on your needs and preferences before deciding on the best path to acquiring dual citizenship or permanent residency abroad. Consider factors such as eligibility, payment request vouchers, residence permits, and minimum investments.

Looking for a way to gain permanent residency in Malta? Consider the Golden Visa that can be obtained by investing in real estate. Under this program, the cost of the permanent residence status starts from €150,000 for renting a property and from €370,000 for buying one.

Although the Malta Golden Visa might be expensive, the advantages such as visa-free travel within the Schengen Area or access to European healthcare make it a worthwhile option.