Advantages of MPRP
- One application, four generations benefit, including the applicant, spouse, parents, and grandparents
- No specific language and education requirements
- No residency requirement, only need to land in Malta once
- EU Green Card, free travel in Europe
Investment Requirements for MPRP
- Rent/Purchase a property for 5 years:
- Rent of property:
- (Gozo or southern Malta) annual rent of not less than 10,000 euros for the property
- (other parts of Malta) annual rent of not less than 12,000 euros for the property
- Purchase of property:
- (Gozo or southern Malta) purchase of property of not less than 300,000 euros
- (other parts of Malta) purchase of property of not less than 350,000 euros
- Rent of property:
- Donation to the government of 58,000 euros (if choosing to rent property) or 28,000 euros (if choosing to purchase property)
- Charity donation: 2,000 euros
- Government administrative fee: 40,000 euros
Requirements for MPRP
- Must be at least 18 years old
- Possess at least 500,000 euros in personal assets, of which 150,000 euros must be financial assets
- Must have a clean criminal record
- Pass a medical examination
Processing Time
Approximately 6 months