What Is the Malta Golden Visa / Permanent Residency Programme (MPRP)
- Malta offers a Residency by Investment scheme (MPRP – Malta Permanent Residence Programme) for non-EU/EFTA nationals to obtain permanent residence via investment.
- Eligibility includes: being at least 18 years old; having clean criminal records; showing adequate health insurance; proving legitimate source of funds and holding required capital/assets.
Investment & Financial Requirements
| Requirement | Detail |
|---|---|
| Property investment or rental | Either purchase property of ≈ €375,000 or lease a property with rental of ≈ €14,000/year, for at least 5 years. |
| Government/contribution fee | Contribution to Maltese economy of around €37,000 plus donation of ~ €2,000 to a local NGO. Also admin / application fees. |
| Minimum capital/assets | Applicants typically need total capital of ≈ €500,000, with part of it being financial (liquid) assets. |
Key Steps & Timeline
- Prepare documentation: passport, proof of funds, criminal record, insurance, property purchase/rental agreement.
- Submit application to the Residency Malta Agency. Undergo due diligence.
- Once approved, you complete the investment (purchase or lease) and fulfill required contributions. Then residence permit is issued.
- Processing time is several months, depending on completeness of docs and speed of property/rental setup.
Benefits
- Permanent residence in Malta: live, work, study there. Access to Schengen Area travel freedoms.
- Inclusion of dependents: spouse, children, and sometimes parents/grandparents in the application.
- Quality of life: good healthcare, education, language (English widely spoken), favorable environment for investment.
How Dogpay Helps with Malta Golden Visa Payments & Process
| Scenario | Common Payment / Financial Friction | How Dogpay Adds Value |
|---|---|---|
| Large investment transfers (property purchase / rental & government fees) | Big sums needed; cross-border payments often incur high bank fees or hidden charges; currency conversion rates may be unfavorable; timing matters (delays can hold up visa process) | Dogpay supports multi-currency transfers; shows all fees up front; allows locking in better exchange rates; faster settlements so you can meet deadlines smoothly |
| Due diligence / Document & Legal Costs | You may need to pay for translations, notarizations, background checks, legal/agency fees; sometimes suppliers overseas demanding foreign banks or wires; managing receipts can be complex | Dogpay helps you send those payments reliably; tracks all transactions with receipts; consolidates multiple small payments; makes accounting and proof easier |
| Recurring payments / holding property / lease management | When leasing, paying rent annually; need to maintain property ownership (purchase) for 5 years; utilities, insurance, maintenance costs may be local but from abroad accounts could cause foreign transaction costs | Dogpay can help schedule recurring payments; convert currency optimally; preserve payment records; minimize extra fees for non-local payments |
| Relocation / Living Expenses Post Approval | After residency is granted, moving, furnishing, travel, legal registration, initial living expenses can be costly; moving funds from abroad or accessing capital might have restrictions or fees | Dogpay offers easier cross-border access to funds; transparent cost of transfers; helps you budget upfront expenses with fewer surprises; safer handling of large moving-related payments |
