In order to apply for the Malta Permanent Residence Programme (MPRP), the investor needs to invest in a qualifying residential property. There are two options - the investor can decide to rent or purchase property. In both cases, it must be residential property. The minimum amount to rent is €10,000 per annum for properties rented in the South of Malta or in Gozo, or €12,000 per annum for other areas in Malta. The minimum amount to purchase residential property in Malta is €300,000 in the South of Malta or in Gozo, or €350,000 for properties in the rest of Malta. The qualifying property is required to be maintained for a period of five years. The investment in residential property is required after the applicant receives a Letter of Approval in principle.
