Malta Permanent Residency Program (MPRP) will undergo the most critical changes starting January 1st, 2025.
The government announced these changes to maintain the program’s “unique position in the residency-by-investment landscape.”
Changes in Financial Eligibility Criteria
Applicants will now have two options to meet the financial requirements of self-sufficiency:
- Option 1: Hold assets of at least €500,000, including €150,000 in financial investments.
- Option 2: Hold assets of €650,000, with at least €75,000 in financial investments.
Changes in Dependant Children
Unmarried children, who primarily depend on the principal applicant, can now be included in the MPRP application until the age of 29. Currently, there are no age limits regarding the inclusion of children.
Changes in Property Requirements
The minimum values for property investment will be increased as follows:
- Purchase: Minimum value increased to €375,000 (from €300,000)
- Rent: Annual lease increased to €14,000 (from €10,000)
Updated Administrative Fees and Contributions
The minimum investment amount from July 1st:
- Main Applicant Administration Fee: €50,000
- Dependant Fees: €10,000 per dependant (non-refundable)
- Additional Government Contributions:
€30,000 if purchasing property.
€60,000 if renting property.
What should you do now?
Time is a vital factor for you if you are interested in getting Malta PR.
Applications submitted before January 1st 2025, will be subject to the current regulations. We strongly encourage interested applicants to act now and submit their applications by the end of 2024. The full MPRP application pack must then be completed by Friday, March 28th 2025.