The Residency Malta Agency has announced changes to the Malta Permanent Residency Program through investment, which will be implemented starting January 1, 2025. These changes include:
- New property investment amounts.
- Changes to the conditions for adding dependents.
The table below outlines the new changes:
Change | Before Implementation (Valid until December 31, 2024) | After Implementation (Starting January 1, 2025) |
Investment Amounts (Property Purchase or Rental) | Property Purchase: 300,000 EUR in southern Malta and Gozo; Or 350,000 EUR in the rest of Malta Property rental: 10,000 EUR in southern Malta and Gozo or 12,000 EUR in the rest of Malta | Property Purchase: 375,000 EUR in Malta or Gozo Property rental: 14,000 EUR in Malta or Gozo |
Administrative fees and government contribution | Property ownership: 68,000 EUR Property rent: 98,000 EUR | Property ownership: 80,000 EUR Property rent: 110,000 EUR |
Dependent fees | Spouse and children: No fees Parents and grandparents: 7,500 EUR | 10,000 EUR for each dependent, including the wife and children |
Add dependents | Including dependent children (no age limit) who are not married and who are fully dependent | Including dependent children (up to age 29) who are not married and fully dependent |
If you’re interested in obtaining European permanent residency in Malta, book your free consultation via the link here.