Malta Golden Visa for Indians to Settle in Europe
Malta has introduced an attractive residency-by-investment programme, offering Indian nationals a faster route to European residency. Known as the Malta Permanent Residence Programme (MPRP), it allows non-EU citizens to obtain permanent residency within six to eight months, granting the right to live in Malta indefinitely and travel freely across the Schengen Area.
To qualify, applicants must be at least 18 years old, hold a clean criminal record, and demonstrate a verifiable source of funds. Individuals must show total assets of at least €500,000, including €150,000 in financial assets. A €37,000 government contribution, an administration fee of €60,000, and a €2,000 donation to a local NGO are required. Additionally, applicants must either purchase property worth a minimum of €375,000 or rent accommodation costing at least €14,000 annually for five years.
The programme extends to family members, including spouses, children, and dependent parents, making it a popular choice among Indian families seeking long-term residency in Europe. Applicants must go through a four-tier due diligence process to verify their background and financial history, ensuring transparency and compliance.
Malta’s Golden Visa is gaining traction among Indians due to its simple eligibility requirements, lack of language tests, and relatively quick processing period. With minimal residency obligations and access to Europe’s travel network, it presents an appealing opportunity for those looking to establish a foothold in the European Union.