The Malta Permanent Residence Programme (MPRP) has introduced significant amendments, making the pathway to long-term residency more accessible, flexible, and family-friendly than ever before. These reforms position Malta as one of Europe’s most attractive and accessible destinations for investors seeking stability and a European base.
Key Highlights of the Revised MPRP
Temporary Residence Card Issued Immediately:
- A one-year, renewable Temporary Residence Card is now issued upon application submission and payment of the initial administration fee (€15,000), following basic background checks.
- This measure allows families to relocate to Malta early, explore schooling, and settle in with the certainty of legal residence before final approval.
Simplified and Fairer Financial Structure:
- Unified Contribution: The programme features a single, unified contribution of €37,000, regardless of whether the applicant chooses to purchase or lease a qualifying property.
- Lower Overall Fees for Families: Spouses and minor children no longer incur a separate contribution fee, significantly easing the financial burden for family applicants.
- Administrative Fee: Set at €60,000 (€15,000 upon application, €45,000 upon Letter of Approval in Principle).
- Adult Dependents: The fee for adult dependents (excluding the spouse) has been reduced from €10,000 to €7,500.
Enhanced Property Flexibility:
- Immediate Leasing for Property Purchasers: Applicants who purchase a qualifying property can now lease it out to third parties during periods when they are not present in Malta.
- Subletting for Rental Applicants: Those who lease a qualifying property may now sublet it after the initial five-year period (subject to obtaining landlord consent).
These comprehensive updates underscore Malta’s dedication to upholding high standards of integrity and transparency, ensuring the revised programme meets the needs of modern global investors and their families.