MPRP Series: Understanding the Malta Permanent Residence Programme (MPRP)
A step-by-step guide by Sciberras Advocates – Licensed Agent RES-SCIB – Article 4
A key component of the Malta Permanent Residence Programme (MPRP) is understanding its financial and investment requirements. Applicants can choose between purchasing or leasing property and must also contribute to the Maltese government and a registered NGO.
Property Investment Options
Applicants must either:
- Purchase property valued at a minimum of €375,000 in Malta or Gozo; or
- Lease property for a minimum annual rent of €14,000.
The property must remain available to the beneficiary as their main residence for at least five years.
Contributions and Donations
Depending on the chosen property option:
- Leasing a property: The applicant must contribute €37,000 to the Government of Malta.
- Purchasing a property: The contribution amount may vary but remains a core requirement of the programme.
Additionally, a €2,000 donation must be made to a registered local NGO or organisation of choice, following clearance from the Residency Malta Agency.
Administrative Fees
Initial Fee: €15,000 – payable within one month of submitting the application.
Final Fee: €45,000 – payable within two months of the Letter of Approval in Principle.
Additional Dependants: €7,500 each for adult dependants added post-approval.
All fees are non-refundable and must be paid within the stipulated timeframes.
Application Timeframes
Processing begins once a complete and correct file is submitted. The overall timeline typically depends on the completeness of the application and responsiveness to any queries issued by the Agency. In general, final decisions are communicated within industry-standard timeframes, usually a few months after submission.
Why Work with a Licensed Agent
Working with a licensed agent is a mandatory requirement. Navigating the investment and documentation process can be complex. As a licensed MPRP Agent (Licence No. RES-SCIB), Sciberras Advocates ensures all financial, compliance, and due diligence requirements are met, giving applicants peace of mind that their investment in Malta is handled securely and professionally.
Contact our law firm Sciberras Advocates to learn more about your eligibility under the Malta Permanent Residence Programme. We assist clients through every step of the MPRP process, from the initial eligibility assessment to final approval and residency card issuance.
Эта статья предназначена только для информационных целей и не должна рассматриваться как юридическая консультация.
Статья написана г-жой Шарлин Шиберрас, бакалавром гуманитарных наук (с отличием), приглашенным автором, специалистом по маркетингу и деловому администрированию с особым вниманием к корпоративным, бухгалтерским и юридическим вопросам.
Sciberras Advocates, основанная доктором Эдрианом Сциберрасом, — юридическая фирма, расположенная на Мальте. Фирма гордится тем, что является междисциплинарной, инновационной и гибкой, чтобы соответствовать меняющимся временам и любым вызовам в местном и международном правовом поле. Независимо от того, какие сложные частные или корпоративные требования предъявляются, Sciberras Advocates предлагает практичные и экономически эффективные юридические решения для достижения желаемых вами результатов. Вы можете связаться с Sciberras Advocates по телефону +35627795222или по электронной почте на [email protected].
