Requirements of Malta’s Permanent Residence Scheme

The 1988 Malta Permanent Residence Scheme was designed to attract high net worth individuals to take up permanent resident status in Malta. The scheme is especially attractive to retirees, authors, intellectuals and international consultants or simply persons seeking to establish an alternative residence that suits their lifestyle and tax profile.

The Malta Permanent Residence Scheme was probably the most attractive residence scheme available to individuals seeking to transfer their tax residence overseas to more attractive jurisdictions that are warmer in climate, enjoy a high standard of living, provide a safe environment for younger and older members of the family and a provide a scheme for permanent residence that is selective, affordable and tax friendly.  Malta ticks all the boxes for an attractive permanent residence jurisdiction and occupies the highest positions in respected international indexes  for quality living and retirement.

Requirements of Malta’s Permanent Residence Scheme

The financial qualifications are easy to satisfy and permanent residents are entitled to the following benefits:

New Permanent Residence Schemes

New applications under the PR Scheme were accepted between 1988 and 2010 and existing PR permits remain valid subject to compliance with the current rules applicable to their Permanent Residence Permit.  New applications for permanent residence must be made under the 2011 HNWI Residence Rules that are available in two streams: one for European nationals and another for non-European nationals. For more information about the HNWI Schemes refer to our pages on High Net Worth residence schemes.

For more information about the 1988 Malta Permanent Residence Scheme, about the Maltese Ordinary Residence permit, or about the HNWI Schemes, click on the links on the left hand menu of this page.