How to Become a Resident of Malta: 5 Key Methods

Malta, a beautiful island nation in the Mediterranean, offers several pathways to residency for different categories of applicants. Julia Loko, Investment Programs Expert at Immigrant Invest, will detail five key methods to become a resident of Malta, including Malta Global Residence, ideal for high-net-worth individuals seeking new opportunities.

Malta Global Residence Program

The Malta Global Residence Programme is one of the available methods of getting an RP in Malta designed for non-EU/EEA/Swiss nationals. It offers a straightforward route to residency. Applicants for Malta RP must submit documents, including proof of:

• property,
• income,
• health insurance.

Eligibility. Applicants must rent or purchase property in Malta. The minimum value varies by location. They must also have health insurance and a stable income source. To obtain a residence permit under the Malta Global Residence Programme, the applicant must:

1. Be a non-EU/EEA/Swiss national.
2. Purchase or rent real estate in Malta: €220,000+ for purchase or €8,750+ annually for rent.
3. Pay a minimum annual tax of €15,000.
4. Hold health insurance and a stable, legal income.
5. Have a clean criminal record and basic proficiency in English or Maltese.
6. Pay an administration fee of €5,500+.
7. Meet all due diligence and legal requirements.

Benefits. The program provides tax incentives, including a flat 15% tax rate on foreign income remitted to Malta. It also allows visa-free travel to the 29 countries within the Schengen Area.

Steps to apply. To begin, choose a property that qualifies under the program’s guidelines for renting or purchasing and gather documents. You’ll need proof of income, health insurance, and a clean criminal record, among other required documentation, to complete your application.

Submit the application through a registered agent. Once approved, pay the required fees and taxes, then receive your residency certificate.

The Malta residence permit program requires applicants to stay over 183 days per year in no other country, that is why many investors choose to relocate to Malta. This ensures that residents are genuinely contributing to the local economy. It’s also essential to maintain health insurance and meet tax obligations annually.

Residence Permit for Employment

This permit is for those who have secured employment in Malta, particularly suited for skilled professionals.

Eligibility. To qualify, applicants must have a confirmed job offer from a Maltese employer who must demonstrate that no local candidates are available for the role. Required documents include:

• a job contract;
• proof of qualifications;
• clean criminal record.

Benefits. This permit allows for residency and employment in Malta, with the possibility of obtaining permanent residency after five years.

Steps to apply. Start by securing a job offer from a Maltese employer. The employer then applies for the work permit on your behalf. Prepare necessary documents such as proof of qualifications and work experience. Once approved, you can move to Malta and start your job.

Maintaining good relations with your employer and compliance with Maltese labour laws are crucial, as the permit is generally tied to the employer.

Residence Permit for Education

This permit is for students enrolled in Maltese educational institutions. It’s suitable for both short-term and long-term studies.

Eligibility. Applicants must have an acceptance letter from a recognised Maltese institution. They must also show proof of sufficient funds to cover tuition and living expenses. Students need to submit their:

• acceptance letter;
• proof of funds;
• health insurance.

Benefits. This permit allows students to live in Malta during their studies. It also grants the right to work part-time.

Steps to apply. Enrol in an accredited educational institution in Malta and secure your acceptance. Gather necessary documents, including proof of funds, accommodation, and health insurance. Submit your application for a student residence permit. Once approved, you can move to Malta to begin your studies.

Students in Malta can engage in part-time work while pursuing their studies, providing an additional source of income for living expenses. However, maintaining a strong academic record is crucial, as it is a requirement for keeping the student residence permit.

Residence Permit for Family Reunification

This permit allows family members of Maltese residents to join them. It’s suitable for spouses, children, and dependent relatives.

Eligibility. The family member in Malta must have a valid residence permit. They must also demonstrate the ability to support their family members financially. The sponsor submits the application on behalf of the family member. Required documents include proof of:

• relationship,
• financial stability,

Benefits. This permit allows family members to live together in Malta. It also offers a pathway to permanent residency.

Steps to apply. The Maltese resident prepares and submits the application for their family member. Once the application gains approval, the family members are allowed to relocate to Malta. It’s important that the applicant shows they have enough income to financially support their family members.

The applicant must demonstrate sufficient income to support the family member. It’s also important to have suitable accommodation that meets local standards.

Residence Permit to Run Business in Malta

This permit targets entrepreneurs planning to start or manage a business in Malta. It is well-suited for both business owners and investors.

Eligibility. Applicants must submit a solid business plan demonstrating the viability of their venture. They must also show proof of sufficient capital and business experience. Entrepreneurs need to submit:

• a business plan;
• financial statements;
• proof of capital.

Benefits. This permit allows you to live and operate a business in Malta. It also provides access to the European market.

Steps to apply. Start by developing a comprehensive business plan that outlines your business model and financial projections. Once approved, you can establish and run your business in Malta.

Running a business in Malta requires compliance with local laws and regulations. It’s beneficial to consult with local experts or business advisors to ensure all legal requirements are met.

Conclusion

Malta offers various pathways to residency, catering to different needs and circumstances. Whether through investment, employment, education, family reunification, or business, there is a suitable method for you.

Each pathway has its own set of requirements and benefits, so it’s essential to choose the one that best fits your situation.