The new Malta Residence and Visa Programme ( L.N. 189 of 2017 ) criteria were published in the Government Gazette of Malta No. 19,821 dated 04-Jul-2017. These amendments will come into force as with immediate effect and are not a substitute of L.N. 288 of 2015.
A summary of the key salient changes:-
- The thirty thousand euro (€ 30,000) contribution fee now covers the Main Applicant, spouse, and the children of the Main Applicant and/or the Spouse at application stage.
- Introduction of an additional five thousand euro (€5,000) contribution, non-refundable per parent or grandparent of the main applicant or of the spouse at application stage.
- Removal of the 27 years of age capping for the children of the main applicant and/or the spouse ( this means that children over the age of 27 at the time of application can be included, and that children do not lose the residency rights on their 27th birthday).
- Removal of the requirement for the Main Applicant and his/her dependants to spend outside of Malta a period that exceeds either six consecutive months or an aggregate period of ten months at any four year period from the appointed day.
- Main Applicant and his/her dependants will become eligible to apply for Long Term Residence subject to the respective requirements being satisfied.
- Approved children of the Main Applicant and/or the Spouse will retain residency rights as long they are not economically active and/or married at application stage.
The option for the Main Applicant, to apply against a non-refundable supplementary administration fee of five thousand euro non-refundable (€ 5,000) per person , to include on the Main Beneficiary certificate (subject to a successful due diligence check) :
- The spouse of a previously approved dependent child of the Main Applicant and/or the spouse
- The child, born or adopted after the approval date, of a previously approved dependent child of the Main Applicant and/or the spouse, or of the previously approved dependant child’s spouse.