Malta’s New Permanent Residence Programme

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Maltas New Permanent Residence Programme

• https//www.riftrust.com/news-blog/malta-s-new-per
  manent-residence-programme-replaces-the-malta-resi
  dence-and-visa-programme/

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• On March 29th, 2021, the new Malta Permanent
  Residence Programme (MPRP) was officially opened
  to receiving new residence by investment
  applications following the overwhelming success
  of the previous version known as the Malta
  Residence and Visa Programme (MRVP).
• The Malta Permanent Residence Programme is open
  to non-EU nationals, including UK citizens
  following Brexit, and gives individuals and
  families the opportunity to reside or settle
  indefinitely as a permanent resident in Malta and
  the right to visa-free travel within the 26 EU
  Schengen countries.

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• Main applicants can include their spouse,
  children, parents, (including parents in law) and
  grandparents within their application.
• To qualify, the main applicant will need to
  declare that he/she is in possession of a minimum
  of 500,000 in capital assets. Of which, 150,000
  must be shown as available financial assets.

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• Applicants must demonstrate the ability to
  financially support themselves and their family
  members, secure property and health insurance as
  well as provide a clean police record.
• The major change between the MRVP and MPRP is
  that the government has decided to completely
  remove the requirement to purchase 250,000 in
  bonds and has raised the MPRPs real estate
  investment minimums from 270,000 to 300,000 in
  the South of Malta and Gozo and from 320,000 to
  350,000 for the rest of the country.

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• How does one become a permanent resident of
  Malta? We have outlined the MPRP requirements
  below
• Requirements
• Under the Malta Permanent Residence Programme,
  the main applicant must

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• This article is originally appeared on
  https//www.riftrust.com/news-blog/malta-s-new-per
  manent-residence-programme-replaces-the-malta-resi
  dence-and-visa-programme/