Buy Golden Visa in Malta

Updated on Wednesday 10th March 2021

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Investors from non-EU and non-EEA countries looking to relocate to Malta can benefit from the golden visa programme through investments in this country. There are two important programmes which can be in the best interest of an entrepreneur. As for the legal requirements for buying a golden visa in Malta, we suggest you talk to our team of local lawyers in Malta who can also explain the entire procedure, with respect to the applicable laws.

Moving to Malta through the golden visa requires meeting specific requirements that are presented below.

Qualification requirements for those who want to apply for a Malta golden visa

First of all, it is important to note that moving to Malta under the golden visa addresses only non-EU citizens. These must comply with the Citizenship Act which was amended in 2014 with the purpose of accommodating the procedures for those who want to buy citizenship by investment.

These must meet the following requirements in order to be accepted into the Malta golden visa scheme:
  1. they must be at least 18 years old at the time the application is submitted,
  2. they must pass a fit and proper test which will require a background check from the authorities,
  3. they must pass a medical examination and file a health certificate,
  4. they are required to make contributions to the National Development and Social Fund, as well as investments under the conditions of the program.

Those who want to move to Malta through the golden visa and have questions about the requirements can rely on our specialists who can explain to them all the legal steps and procedures they must comply with.

What are the requirements for obtaining a Malta golden visa in 2021?

The golden visa programme for Malta was launched in 2015 and entered into force in the same year, as an amendment provided by the Maltese Immigration Act. The following criteria are important for foreigners interested in placing their investments in Malta:
  • the accepted candidates are those from EU and EEA and of at least 18 years of age;
  • a contribution of at least EUR 30,000 is necessary at the time you apply for a golden visa;
  • renting or buying a property is a mandatory rule for each candidate;
  • a minimum investment of EUR 250,000 is also another requirement for obtaining the golden visa for Malta.
Investing in Maltese government bonds a minimum of EUR 250,000 for a period of five years grants the indefinite residency for foreigners in Malta. It is good to know that the imposed sum of EUR 30,000 represents the contribution to the Maltese State Fund. We remind that our team of attorneys in Malta are at the disposal of foreign investors interested in buying golden visas in Malta in 2021.

If you want to move to Malta on a golden visa, all requirements will be explained by our specialists.

The Maltese Citizenship by Naturalization for Exceptional Services by Direct Investment

Not long ago, the authorities have created the Maltese Citizenship by Naturalization for Exceptional Services by Direct Investment (MEIN) which targets ultra-high net worth people.

Under the new Malta golden visa scheme, the requirements are slightly different, and these imply:
  • a minimum contribution of 600,000 euros to the National Development Fund,
  • the possibility of maintaining Maltese residency for 36 months.

For those interested in acquiring Maltese citizenship by investment faster, there is also a quicker possibility which implies a higher contribution of 750,000 euros and proof of being able to maintain Maltese residency for 12 months.

For those who want to bring family members to the country under the Malta golden visa program, the following additional financial requirements apply:
  • for each dependent, an additional contribution of 50,000 euros must be made,
  • 700,000 euros must be committed to the purchase of a residential property,
  • the alternative is 16,000 euros that must be used for renting a property,
  • another 10,000 euros must be donated to philanthropic, cultural, sport, or scientific projects.

What should be noted about the real estate investment is that the amount of money must be kept for 5 years. The value of the rental agreement (16,000 euros) is calculated per year.

Moving to Malta through the golden visa is one of the quickest ways of obtaining European Union residency. Even if there are other countries that offer access to EU citizenship, Malta is one of the appreciated destinations in Europe.

If you want to buy a golden visa, you can rely on our specialists who can also direct you to other programs, such as those developed by Ireland, the UK, or Greece.

The process of obtaining a golden visa in Malta

The procedure of obtaining a golden visa in Malta is rather simple, however, due to the paperwork that needs to be carefully prepared, it is recommended to use specialized services. According to our golden visa agents in Malta:
  • the applicant must first submit a request for a residence permit,
  • following that, the documents for the due diligence of the authorities must be filed,
  • provided that the eligibility criteria are met, an Approval on Principal from the Community Malta Agency (CMA) will be issued,
  • then, the successful candidate will be naturalized.

One of the greatest benefits of the Malta golden visa is that the applicant and family members (where applicable) will obtain citizenship after moving here.

If you need support in applying for residency or citizenship by investment in Malta, do not hesitate to request our agents’ help.

The benefits of a golden visa in Malta

Traveling freely in the Schengen Area is probably the most important benefit offered to foreign investors in Malta who have obtained the golden visa for Malta. Besides that, the family members can benefit from the same rights of living and working in Malta as the main candidate. The indefinite leave to remain is granted to foreigners who obtain the golden visa through the governmental programme which gained success from the first time it was implemented in Malta. Likewise, one must know that there is no age limit for dependant children of foreign investors in Malta We remind that Malta is part of the Schengen Area and a significant financial player on the international market.

What has changed in the Golden Visa Scheme in Malta in 2021

A recent amendment in the legislation provides for a new authority to be in charge of the Malta Golden Visa Scheme in 2021. This is the Community Malta Agency. The requirements remain the same, however, an expedited procedure has also been set in place.

Those who want to apply for a golden visa in Malta in 2021 must meet certain requirements, among which they can invest 600,000 euros for a 3-year residence permit or 750,000 euros for a one-year permit. Updated information can be given by our specialists in this country.

FAQ on the Malta golden visa scheme

Here are some answers to the most frequently asked questions on the Malta golden visa and its requirements:
  1. How many citizenship by investment schemes does Malta have?
Malta has a citizenship by investment and a residency scheme, each with its requirements.
  1. How long does it take for the application for the golden visa to be approved?
The application procedure takes between 6 and 8 to complete, as it depends on various factors.
  1. Will I obtain Maltese citizenship automatically after entering the golden visa program?
You will obtain a Maltese passport after entering the country, however, our agents can offer more information on this aspect.
  1. What are the main benefits of this program?
The Malta golden visa will enable you to live and work here but also anywhere else in the European Union. Apart from this, you will be able to freely travel to all EU and Schengen states.

We invite you to get in touch with our lawyers in Malta if you need legal assistance for buying a golden visa in Malta in 2021.