€30,000+
Investment amount
Malta Global Residence Programme (GRP) was launched in 2013. It is designed for non-EU, non-EEA and non-Swiss nationals who wish to obtain Malta residency and don’t benefit from other Maltese programmes.
Investors buy or rent real estate and pay an administrative fee. Also, they pay taxes in Malta under a special regime, and the minimum annual tax is €15,000.
Spouses, children, brothers, sisters, parents and grandparents of the investors can obtain Malta residence permits, too. Household staff may also be included in the application, but they don’t benefit from a special tax regime, and their income is taxed at standard rates.
Malta residency by investment doesn’t require living in the country to maintain the status. However, investors mustn’t spend more than 183 days a year in any other jurisdiction.
A Malta residence permit allows one to live in Malta and to enter the country anytime while the residence permit is valid. An investor can buy real estate in Malta, open a bank account and create a plan B residence there.
Holders of Malta residence permits may stay in other countries of the Schengen area for 90 days in 180.
The Global Residence Programme provides a special tax regime: income received in Malta from foreign sources is taxed at 15%, and foreign income not transferred to Malta is exempt from taxation there.
To get a Malta residence permit, an investor needs to spend €30,000+ on rent, an administrative fee and annual taxes, while in other European countries, the investment amount for getting a Golden Visa starts from €250,000.
The application allows for the addition of dependents, encompassing the spouse, minor offspring, and dependent unmarried children until the age of 25. Financially dependent parents and grandparents from both the main applicant’s and spouse’s side can also be incorporated into the application.
Malta residence permit holders can work in Malta or launch a company in the country. Compared to some jurisdictions, Malta’s tax system may present a more advantageous environment for conducting business.
A Malta GRP holder does not have to live in the country. Yet, they must have a property available for their exclusive use year-round in Malta.
An investor buys or rents a home in Malta and pays an administrative fee and taxes to get a Malta residence permit.
Residential real estate is bought or rented by the investors for themselves and their families. They mustn’t rent or sell their properties in Malta while holding their residence permit.
The cost threshold depends on the property’s region — in the south of Malta and Gozo, the minimum prices are lower.
The administrative fee is €6,000 in most cases, but if one buys a property in the south of Malta or Gozo, it is €5,500.
Taxes in Malta for the GRP participants are levied at the following rates:
The minimum annual tax on a family’s foreign income is €15,000.
Additional costs include health insurance for each family member and legal services.
If an investor rents housing, the annual rentals must be at least €8,750 in the south of Malta or Gozo or €9,600 in other regions.
| Renting real estate | €8,750+ In the south of Malta or Gozo€9,600+ In other regions |
| Administrative fee | €6,000 |
| Annual taxes | €15,000+ |
| Additional costs that are not stated by the GRP Regulations, an approximate estimate | |
| Documents translation and apostille, notary fees | €4,000+ depending on the particular case |
| Health insurance | €500+ per person |
A property in the south of Malta or Gozo must cost at least €220,000, and the minimum price in other areas is €275,000.
| Buying real estate | €220,000+ In the south of Malta or Gozo€275,000+ In other regions |
| Administrative fee | €6,000 or €5,500 in case of property in the south of Malta or Gozo |
| Annual taxes | €15,000+ |
| Additional costs that are not stated by the GRP Regulations, an approximate estimate | |
| Fees, taxes and services when buying real estate | Up to 8% of the property price |
| Documents translation and apostille, notary fees | €4,000+ depending on the particular case |
| Health insurance | €500+ per person |
Getting a special tax status and a Malta GRP card takes several months. The application processing time under the Malta residence programme is 3—4 weeks, and some time is needed to prepare all necessary documents.
The crucial step of the Malta Global Residence Programme is Due Diligence, which is intended to check whether the applicants match all the requirements.
Immigrant Invest conducts its own preliminary Due Diligence to prepare for the main one. Certified Anti Money Laundering Officers check the documents and information in international databases. If they find issues, our lawyers suggest a solution, for example, to add some documents or to choose another programme.
The preliminary Due Diligence takes one working day, and it is confidential: only you and the lawyers who work on the application will know the results.
You might need additional services after getting a Malta residence permit. Please, observe how we can help.
We help investors renew their residency cards after a year and then every two years.
We prepare all the necessary documents, submit them and help to get a new residence card.
We prepare the required documents and fill out the bank forms.
We help to get PR permits for spouses, parents, children, and grandchildren after the approval of the investor’s application.
It’s possible if you spend 183+ days a year in Malta.
We help to register yachts under the Maltese flag.
We consult on the process of obtaining a Maltese driver’s licence. The applicant needs to pass the driving exams.
We help investors choose an object online and check the property. Then we help to conclude the deal.
