Malta Program Overview
The Global Residence Program was launched in 2013 and is addressed to non-EU citizens. Non-EU foreigners are allowed to obtain Maltese residency by purchasing a property on the island.
Benefits
- Right to reside, settle and stay indefinitely in Malta
- Maltese Residence Card allows its holder free travel within 26 members of the Schengen Area
- Malta is a member of the European Union since 2004 and part of Schengen since 2007
- Malta is a neutral, safe and stable country having a European lifestyle but with a Mediterranean quality of life
Eligibility
- the purchase value of the Maltese property must be at least 220,000 euros, if the property is located in Southern Malta or in Gozo, and at least 275,000 euros for properties in Central and Northern Malta,
- the rental value of a property must be at least 9,600 euros per year or 800 euros per month in Central and Northern Malta, and 8,750 euros per year or 730 euros per month in Southern Malta or in Gozo.
Applicants of the Global Residence Program also have the right to work or open a company in Malta.