Changes to the MPRP Programme

The following is a summary of the revisions (in brackets the value applicable with respect to valid applications filed with Residency Malta Agency by 31st December 2024 or comments on changes).

Eligibility Criteria 

1. A Main Applicant shall present evidence of possession of assets having a value of not less than €500,000 out of which a minimum of €150,000 shall be in the form of financial assets or having a value of not less than €650,000, out of which a minimum of €75,000 shall be in the form of financial assets (the part in italics is an alternative eligibility criteria added by Legal notice 310 of 2024). 
2. An adult child of the Main Applicant or of his spouse is eligible as a dependant if at the time of application is over 18 years of age, but not yet attained 29 years of age (the part in italics is an additional condition based on age added by Legal notice 310 of 2024), not married and principally dependent on the Main Applicant. Note, however, that this change does not apply to for adult children that are differently abled as certified. 

 

Qualifying Property 

1. Qualifying owned property must be purchased at a minimum value of €375,000 in Malta or Gozo (up to 31st December 2024, €300,000 in the South of Malta/Gozo or €350,000 in the rest of Malta).  
2. Qualifying rented property must be leased at a minimum annual rent of €14,000 in Malta or Gozo (up to 31st December 2024, €10,000 in the South of Malta/Gozo or €12,000 in the rest of Malta). 

Administration Fees / Contributions 

The following administration and contribution fees apply for applications submitted as from 1st January 2025: 

1. Main Applicant: a non-refundable administration fee of €50,000 applies (up to 31st December 2024, €40,000), of which €15,000 need to be paid within 1 month from submission of application; with the remaining €35,000 payable within 2 months from the issuance of a Letter of Approval in Principle. 
2. Dependants: fees applicable to dependants have been introduced (up to 31st December 2024, there was only a contribution of €7,500 for each additional parent or grandparent of the Main Applicant and/or spouse), including for spouse, children, parents, and grandparents. A fee of €10,000 for each dependant applies, €5,000 of which is a non-refundable administration fee, payable for every dependant within 2 months from the issuance of the Letter of Approval in Principle when joining at application stage. The remaining €5,000 contribution is paid within 8 months from the issuance of a Letter of Approval in Principle. If a dependant joins after the issuance of a certificate of residency, the non-refundable administration fee and contribution fee must be paid upon submission of application.
3. A contribution of €30,000 (up to 31st December 2024, the contribution is €28,000) in respect of the Main Applicant who opts for a qualifying owned property (if purchasing property); or  a contribution of €60,000 (up to 31st December 2024, the contribution is €58,000) in respect of the Main Applicant who opts for a qualifying rented property; paid within 8 months from the issuance of a Letter of Approval in Principle. 

 

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