Malta Golden Visa Europe
Launched in August 2015, the Malta Residence and Visa Programme (MRVP) is a fast and efficient way for foreign investors from non-EU countries to obtain a valid European residence permit legally. Under the Malta golden visa program, non-EU citizens can acquire a Malta residence permit promptly allowing the investor and their family to enter and/or live in Malta, as well as to travel freely to all EU Schengen Area countries including Switzerland. Once in possession of a Maltese residence permit, there is no need to apply for a Schengen Visa in order to visit EU countries such as Germany, France, Spain, Italy, Portugal, or Greece.
Qualifying Investments for the Malta Golden Visa
Apart from satisfying the above eligibility requirements, the applicant must also invest in Malta by satisfying these 3 requirements:
- Contribution: Once an applicant is approved for the Malta Golden Visa, he/she must pay €30,000 to the Government of Malta (less the non-refundable fee of €5,500 payable upon submission of the application).
- Property: An applicant must also buy or rent a property in Malta or in Gozo/South Malta. In terms of the Malta Golden Visa regulations, a qualifying property is an immovable property which is purchased for a minimum value of €320,000 if situated in Malta or €270,000 if situated in Gozo/South Malta. Alternatively an applicant may also rent a property for a minimum value of €12,000 if situated in Malta or €10,000 if situated in Gozo/South Malta.
- Investment: An applicant must also make a qualifying investment in the form determined by Identity Malta holding a minimum value of €250,000.