Golden Visa: Malta Opens Path for Indians to Settle
Malta’s Golden Visa program has become an increasingly popular option for Indian nationals seeking residency in Europe. Through the Malta Permanent Residency Programme (MPRP), individuals and their families can gain the right to live, work, and travel across the European Union and the Schengen Area.
The program allows applicants to include their spouse, children, and dependent parents or grandparents in the residency application. It also has minimal physical presence requirements, making it suitable for high-net-worth individuals with global commitments. After five years of residency, eligible participants may apply for Maltese citizenship, subject to certain criteria.
Investment and Contribution Requirements include:
- Purchasing property valued at a minimum of €375,000 or leasing a property with an annual rent of at least €14,000.
- Making a non-refundable government contribution of approximately €60,000.
- Donating €2,000 to a registered Maltese NGO.
- Paying an administration fee of €50,000.
Eligibility Criteria require applicants to:
- Be at least 18 years old.
- Demonstrate a minimum of €500,000 in capital assets, with at least €150,000 in financial assets.
- Have a clean criminal record and pass due diligence checks.
- Hold valid health insurance in Malta.
Malta’s Golden Visa is particularly attractive for investors seeking global mobility, a stable economic environment, and a high quality of life. Malta’s strategic Mediterranean location, English-speaking population, and favorable tax regime further enhance its appeal as a destination for investment and residency.