{"id":23135,"date":"2021-11-25T19:41:22","date_gmt":"2021-11-25T12:41:22","guid":{"rendered":"https:\/\/porticoandbridge.com\/?p=23135"},"modified":"2022-01-26T20:00:20","modified_gmt":"2022-01-26T13:00:20","slug":"buy-a-house-in-malta-get-european-permanent-residence-permit","status":"publish","type":"post","link":"https:\/\/porticoandbridge.com\/en\/buy-a-house-in-malta-get-european-permanent-residence-permit\/","title":{"rendered":"BUY A HOUSE IN MALTA \u2013 GET EUROPEAN PERMANENT RESIDENCE PERMIT"},"content":{"rendered":"

Buy a house in Malta \u2013 not only about owning a property in Europe, but permanent residence permit and attractive benefits your entire family.<\/span><\/em><\/p>\n

\u00a0 \"Buy<\/span><\/p>\n

Malta<\/b>\u2019s<\/b> real estate\u00a0<\/b><\/h3>\n

The Maltese Government imposes no property tax. This favorable policy serves as a catalyst for Malta to be in the spotlight as it welcomes lots of investors to move in and purchase property for their own.\u00a0<\/span><\/p>\n

Malta real estate market is renowned for its \u201cenviable\u201d growth rate as well. According to the house price index by <\/span>Knight Frank<\/a><\/strong><\/span>,<\/strong><\/span> in the second quarter of 2018, Malta real estate prices registered the highest increase all over the world. This growth rate, later on, even reached 17% while the rental interest rate varied averagely from 6% to 7%. Malta promises to provide you investments projects that are of great profitability just within a short amount of time. Therefore, there is no wonder why Malta\u2019s real estate market is getting hotter every day.\u00a0<\/span><\/p>\n

\"housse\"<\/p>\n

House prices in Malta<\/b><\/h4>\n

According to a report by <\/span>Numbeo.com<\/a><\/strong><\/span>, purchase and rental prices in Malta\u2019s major cities early 2020 are as follow:\u00a0<\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n
Monthly rental price<\/b><\/td>\nMalta\u00a0<\/b><\/td>\nGozo<\/b><\/td>\nValletta<\/b><\/td>\nSliema<\/b><\/td>\n<\/tr>\n
1 bedroom apartment \u2013 at city centers<\/span><\/td>\n857,50 \u20ac<\/span><\/td>\n470,00 \u20ac<\/span><\/td>\n950,00 \u20ac<\/span><\/td>\n906,19 \u20ac<\/span><\/td>\n<\/tr>\n
1 bedroom apartment \u2013 at suburbs\u00a0<\/span><\/td>\n683,96 \u20ac<\/span><\/td>\n407,14 \u20ac<\/span><\/td>\n738,01\u20ac<\/span><\/td>\n737,50 \u20ac<\/span><\/td>\n<\/tr>\n
3 bedroom apartment \u2013 at city centers<\/span><\/td>\n1.519,52 \u20ac<\/span><\/td>\n766,67 \u20ac<\/span><\/td>\n1.833,33 \u20ac<\/span><\/td>\n1.723,81 \u20ac<\/span><\/td>\n<\/tr>\n
3 bedroom apartment \u2013 at suburbs<\/span><\/td>\n1.128,85 \u20ac<\/span><\/td>\n633,33 \u20ac<\/span><\/td>\n1.304,17 \u20ac<\/span><\/td>\n1.21,43 \u20ac<\/span><\/td>\n<\/tr>\n
Purchase prices<\/b><\/td>\nMalta<\/b><\/td>\nGozo<\/b><\/td>\nValletta<\/b><\/td>\nSliema<\/b><\/td>\n<\/tr>\n
Price per square meter \u2013 at city centers<\/span><\/td>\n3.273,63 \u20ac<\/span><\/td>\n1.500,00 \u20ac<\/span><\/td>\n4.050,00 \u20ac<\/span><\/td>\n5.333,33 \u20ac<\/span><\/td>\n<\/tr>\n
Price per square meter \u2013 at suburbs<\/span><\/td>\n2.053,62 \u20ac<\/span><\/td>\n1.050,00 \u20ac<\/span><\/td>\n1.950,00 \u20ac<\/span><\/td>\n3.100,00 \u20ac<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Buy a house in Malta \u2013 get European permanent residence permit\u00a0<\/b><\/h4>\n

Malta is also one of the European countries providing non-EU citizens opportunities to invest in European real estate and receive permanent residence status in exchange. <\/span>Malta Permanent Residence Programme<\/a><\/strong><\/span> (MPRP) has gone effective since March 2021. This program is introduced as the replacement for Malta Residence Visa Programme (MRVP) with latest improvements.\u00a0<\/span><\/p>\n

Malta Permanent Residence Programme, as opposed to those conducted by other countries, has outstanding features. This is the only settlement by investment program in Europe that enables four generations in family to be included in an application, including: grandparents, parents, applicant, spouse, and children (at any age but must be single)\u00a0<\/span><\/p>\n

\"family\"<\/p>\n

Requirements to participate in MPRP:<\/b><\/h4>\n

Investors must get involved in an investment in real estate property and government financial contribution within a minimum period of 5 years.\u00a0<\/span><\/p>\n