26.06.2018

The Malta Residency and Visa Programme (MRVP) is an incredible opportunity for the right individuals who want to reside and invest in Malta. The programme is geared towards attracting third-country nationals of good standing, entitling them to residency rights in Malta in the shape of a Malta Residence Permit.

 

The MRVP has become a popular choice for individuals seeking residence in a safe and stable country for themselves and their families. Malta offers a comfortable living environment in a European Union country with very high standards of living, one that has the added bonus of having English as an official language.

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This programme also acts as a gateway to Europe, providing its beneficiaries with visa-free access to the European Schengen Area countries, an ideal scenario for businessmen who need to travel regularly.

Malta has a lot going for it. Here you will find:

  • Great weather all year round
  • Friendly and hospitable locals
  • A variety of social activities for all ages
  • An abundance of history and heritage
  • Beautiful sea with many lovely beaches
  • Excellent schooling and medical services
  • Daily flights and connections to major airports

In order to be eligible for the programme, applicants must meet a number of requirements, including that they:

  • Be 18 or over
  • Have comprehensive health insurance cover
  • Have a clean criminal record and pass due diligence checks
  • Invest €250,000 in Malta for a minimum period of 5 years

Applicants are also required to:

  1. Purchase a property for at least €270,000 in Gozo or the south of Malta or for no less than €320,000 if in the rest of Malta; or
  2. Rent a qualifying property for a rent of not less than €10,000 per year in Gozo or the south of Malta or at least €12,000 per year if in the rest of Malta
  3. In addition to one of the above, applicants must pay a one-off contribution of €30,000

An eligible individual must have either an annual income of at least €100,000 from outside Malta or possess a minimum of €500,000 in capital. Applications for the MVRP are subject to a non-refundable administrative fee of € 5,500.

For full details of the programme contact us directly on: csciberras@fairwindsmanagement.net.