Malta tightens conditions for permanent residence

The Maltese government has adjusted the requirements for obtaining a permanent residence permit. Some criteria have been significantly tightened, while other options have been added.

1. Proof of capital:

Previously: Proof of a capital amount of at least €500,000, of which €150,000 must be liquid assets.

New: Alternatively, a capital amount of €650,000 can now be proven, with at least €75,000 being liquid assets. This offers investors more flexibility in meeting the financial requirements.

2. Age limit for children:

Previously: All dependent children can be included in the application.

New: Adult children can only be included if they are under 29 years old, unmarried and mainly dependent on the main applicant. This restriction particularly affects families with older children.

3. Property investments:

Previous: Minimum investment in a property of €300,000.

New: The minimum threshold increases to €375,000, both for properties in Malta and Gozo. In addition, the minimum annual rental costs increase from €10,000 to €14,000.

4. Fees:

Previous: Administration fee for the lead applicant: €40,000. Fees for adult dependents: €7,500 per person.

New: The administration fee for the lead applicant increases to €50,000. In addition, there is a non-refundable fee of €5,000 for each dependent.

5. Government fees:

Previous: No fees for dependents.

New: Introduction of a government fee of €5,000 for each dependent. The fees for purchasing real estate are also increasing.

Conclusion: The new conditions place higher demands on potential applicants. The tightening particularly affects the financial requirements and the inclusion of family members. Investors should therefore carefully inform themselves about the updated criteria before submitting an application.

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